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Germany stocks higher at close of trade; DAX up 0.60%

Published 02/20/2017, 12:15 PM
Updated 02/20/2017, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.60%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Telecoms, Utilities and Food & Beverages sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.60%, while the MDAX index added 0.66%, and the TecDAX index climbed 0.59%.

The best performers of the session on the DAX were Deutsche Telekom AG Na (DE:DTEGn), which rose 2.46% or 0.390 points to trade at 16.250 at the close. Meanwhile, RWE AG ST O.N. (DE:RWEG) added 1.78% or 0.235 points to end at 13.455 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 1.62% or 0.295 points to 18.495 in late trade.

The worst performers of the session were Beiersdorf AG O.N. (DE:BEIG), which fell 1.66% or 1.420 points to trade at 84.320 at the close. Henkel & Co KGaA AG Pref (DE:HNKG_p) declined 0.79% or 0.950 points to end at 119.150 and Lufthansa AG VNA O.N. (DE:LHAG) was down 0.30% or 0.040 points to 13.460.

The top performers on the MDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 5.29% to 5.05, Krones AG O.N. (DE:KRNG) which was up 2.56% to settle at 98.130 and Airbus Group SE (F:AIRG) which gained 1.92% to close at 66.460.

The worst performers were Covestro AG (DE:1COV) which was down 4.30% to 69.000 in late trade, GEA Group AG (DE:G1AG) which lost 0.81% to settle at 39.165 and Bilfinger SE O.N. (DE:GBFG) which was down 0.76% to 38.980 at the close.

The top performers on the TecDAX were Alix Resources Corp (F:37N2) which rose 17.50% to 0.047, RIB Software AG Na (DE:RIB) which was up 2.17% to settle at 12.940 and Siltronic AG (DE:WAFGn) which gained 1.97% to close at 57.920.

The worst performers were S&T AG (F:SANT1) which was down 1.17% to 9.650 in late trade, Slm Solution G (DE:AM3D) which lost 1.07% to settle at 39.00 and STRATEC Biomedical AG (DE:SBSG) which was down 0.90% to 48.050 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 508 to 246 and 26 ended unchanged.

Shares in Airbus Group SE (F:AIRG) rose to 52-week highs; up 1.92% or 1.252 to 66.460. Shares in Siltronic AG (DE:WAFGn) rose to all time highs; up 1.97% or 1.120 to 57.920.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.28% to 14.14.

Gold Futures for April delivery was down 0.01% or 0.15 to $1238.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.30% or 0.16 to hit $53.94 a barrel, while the April Brent oil contract rose 0.50% or 0.28 to trade at $56.09 a barrel.

EUR/USD was up 0.04% to 1.0619, while EUR/GBP fell 0.43% to 0.8522.

The US Dollar Index Futures was down 0.04% at 100.85.

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