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Germany stocks higher at close of trade; DAX up 1.84%

Published 05/14/2015, 12:15 PM
Updated 05/14/2015, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.84%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Basic Resources, Consumer & Cyclical and Transportation & Logistics sectors led shares higher.

At the close in Frankfurt, the DAX rose 1.84%, while the MDAX index gained 1.38%, and the TecDAX index climbed 0.70%.

The best performers of the session on the DAX were Thyssenkrupp AG O.N. (XETRA:TKAG), which rose 2.79% or 0.715 points to trade at 26.300 at the close. Meanwhile, Daimler AG NA O.N. (XETRA:DAIGn) added 2.62% or 2.210 points to end at 86.570 and Henkel AG & Co Kgaa Vzo (XETRA:HNKG_p) was up 2.59% or 2.650 points to 105.150 in late trade.

The worst performers of the session were Deutsche Boerse NA O.N. (XETRA:DB1Gn), which fell 2.46% or 1.840 points to trade at 72.820 at the close. Bay.Motoren Werke AG ST (XETRA:BMWG) declined 0.29% or 0.300 points to end at 104.600 and RWE AG ST O.N. (XETRA:RWEG) was up 0.45% or 0.100 points to 22.285.

The top performers on the MDAX were Kloeckner & Co SE NA (XETRA:KCOGn) which rose 6.64% to 8.510, Salzgitter AG O.N. (XETRA:SZGG) which was up 6.03% to settle at 35.585 and Duerr AG O.N. (XETRA:DUEG) which gained 3.68% to close at 92.500.

The worst performers were Gagfah SA Nom. (XETRA:GFJG) which was down 1.90% to 18.100 in late trade, Tui AG NA (XETRA:TUIGn) which lost 0.84% to settle at 16.565 and Osram Licht (XETRA:OSRn) which was down 0.61% to 46.614 at the close.

The top performers on the TecDAX were QSC AG NA O.N. (XETRA:QSCG) which rose 3.51% to 1.976, Kontron AG O.N. (XETRA:KBCG) which was up 2.84% to settle at 4.628 and Cancom SE O.N. (XETRA:COKG) which gained 2.63% to close at 37.060.

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The worst performers were Stratec Biomedical (XETRA:SBSG) which was down 0.94% to 44.775 in late trade, Freenet AG NA (XETRA:FNTGN) which lost 0.69% to settle at 31.465 and Software AG O.N. (XETRA:SOWG) which was down 0.60% to 26.665 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 493 to 195 and 45 ended unchanged.

Shares in Thyssenkrupp AG O.N. (XETRA:TKAG) rose to 3-years highs; rising 2.79% or 0.715 to 26.300. Shares in Salzgitter AG O.N. (XETRA:SZGG) rose to 52-week highs; up 6.03% or 2.025 to 35.585.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.20% to 21.35.

Gold for June delivery was up 0.40% or 4.90 to $1223.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.42% or 0.86 to hit $59.64 a barrel, while the July Brent oil contract fell 0.96% or 0.65 to trade at $66.62 a barrel.

EUR/USD was up 0.18% to 1.1375, while EUR/GBP rose 0.13% to 0.7220.

The US Dollar Index was down 0.13% at 93.62.

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