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Germany stocks higher at close of trade

Published 01/08/2015, 12:15 PM
Updated 01/08/2015, 12:15 PM
© Reuters.  Germany stocks higher at close of trade

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Food & Beverage, Telecom and Chemicals sectors led shares higher.

At the close in Frankfurt, the DAX rose 3.36%, while the MDAX index climbed 2.22%, and the TecDAX index climbed 3.16%.

The best performers of the session on the DAX were Bayer AG NA (XETRA:BAYGN), which rose 5.43% or 6.000 points to trade at 116.450 at the close. Meanwhile, Deutsche Telekom AG Na (XETRA:DTEGn) added 4.93% or 0.640 points to end at 13.630 and Fresenius Medical Care KGAA ST (XETRA:FMEG) was up 4.44% or 2.690 points to 63.260 in late trade.

The worst performers of the session were Lufthansa AG VNA O.N. (XETRA:LHAG), which fell 0.98% or 0.140 points to trade at 14.130 at the close. Lanxess AG (XETRA:LXSG) added 1.23% or 0.430 points to end at 35.465 and Commerzbank AG O.N. (XETRA:CBKG) was up 1.54% or 0.165 points to 10.895.

The top performers on the MDAX were Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) which rose 7.21% to 12.040, Metro AG ST O.N. (XETRA:MEOG) which was up 5.94% to settle at 25.600 and Prosiebensat 1 Media AG (XETRA:PSMGn) which gained 4.99% to close at 35.675.
The worst performers were Aurubis AG (XETRA:NAFG) which was down 1.76% to 46.765 in late trade, DMG Mori Seiki AG (XETRA:GILG) which lost 0.13% to settle at 23.600 and Salzgitter AG O.N. (XETRA:SZGG) which was down 0.09% to 22.895 at the close.

The top performers on the TecDAX were Stratec Biomedical (XETRA:SBSG) which rose 10.25% to 48.950, BB Biotech AG (XETRA:BIONn) which was up 7.49% to settle at 224.700 and Nemetschek AG O.N. (XETRA:NEKG) which gained 5.57% to close at 88.750.
The worst performers were PSI AG F.Pr.U.Sys. NA (XETRA:PSAGn) which was down 0.21% to 11.825 in late trade, Sartorius AG VZO O.N. (XETRA:SATG_p) which gained 0.05% to settle at 102.000 and Adva Optical Networking SE (XETRA:ADAG) which was up 0.20% to 3.005 at the close.

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Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 621 to 113 and 19 ended unchanged.

Shares in Fresenius Medical Care KGAA ST (XETRA:FMEG) rose to all time highs; gaining 4.44% or 2.690 to 63.260.
Shares in Prosiebensat 1 Media AG (XETRA:PSMGn) rose to 52 weeks highs; rising 4.99% or 1.695 to 35.675.
Shares in BB Biotech AG (XETRA:BIONn) rose to all time highs; up 7.49% or 15.650 to 224.700.
Shares in Nemetschek AG O.N. (XETRA:NEKG) rose to all time highs; up 5.57% or 4.680 to 88.750.

The DAX volatility index, which measures the implied volatility of DAX options, was down 9.86% to 21.11.

Gold for February delivery was up 0.23% or 2.80 to $1213.50 a troy ounce.
Elsewhere in commodities trading, crude oil for delivery in February fell 0.31% or 0.15 to hit $48.50 a barrel, while the February brent oil contract fell 0.56% or 0.28 to trade at $50.87 a barrel.

EUR/USD was down 0.23% to 1.1812, while EUR/GBP fell 0.24% to 0.7815.

The US Dollar Index was up 0.18% at 92.38.

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