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Germany stocks higher at close of trade; DAX up 0.13%

Stock MarketsJun 05, 2018 12:16PM ET
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© Reuters. Germany stocks higher at close of trade; DAX up 0.13% – Germany stocks were higher after the close on Tuesday, as gains in the Technology, Software and Consumer & Cyclical sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.13%, while the MDAX index added 0.18%, and the TecDAX index added 0.58%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 2.70% or 0.640 points to trade at 24.380 at the close. Meanwhile, Fresenius Medical Care KGAA ST (DE:FMEG) added 1.43% or 1.220 points to end at 86.500 and Deutsche Boerse AG (DE:DB1Gn) was up 1.41% or 1.650 points to 118.650 in late trade.

The worst performers of the session were Commerzbank AG O.N. (DE:CBKG), which fell 2.81% or 0.259 points to trade at 8.949 at the close. Bayer AG NA (DE:BAYGN) declined 1.58% or 1.62 points to end at 101.10 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 1.20% or 0.114 points to 9.420.

The top performers on the MDAX were Norma Group AG NA O.N. (DE:NOEJ) which rose 3.96% to 69.500, Osram Licht AG (DE:OSRn) which was up 3.35% to settle at 51.86 and Leoni AG (DE:LEOGn) which gained 2.22% to close at 54.300.

The worst performers were Talanx AG NA O.N. (DE:TLXGn) which was down 1.72% to 33.060 in late trade, Prosiebensat 1 Media AG (DE:PSMGn) which lost 1.36% to settle at 25.3200 and RTL Group SA (DE:RRTL) which was down 0.99% to 65.000 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE:RIB) which rose 4.43% to 21.680, Nordex SE O.N. (DE:NDXG) which was up 4.14% to settle at 11.060 and SLM Solutions Group AG (DE:AM3D) which gained 2.74% to close at 35.65.

The worst performers were S&T AG (F:SANT1) which was down 1.92% to 19.890 in late trade, SMA Solar Technology AG (DE:S92G) which lost 0.95% to settle at 47.920 and Qiagen NV (DE:QIA) which was down 0.93% to 31.060 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 368 to 341 and 78 ended unchanged.

Shares in Deutsche Boerse AG (DE:DB1Gn) rose to 5-year highs; rising 1.41% or 1.650 to 118.650. Shares in Norma Group AG NA O.N. (DE:NOEJ) rose to all time highs; up 3.96% or 2.650 to 69.500.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.03% to 15.97.

Gold Futures for August delivery was up 0.28% or 3.60 to $1300.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.36% or 0.23 to hit $64.98 a barrel, while the August Brent oil contract fell 0.80% or 0.60 to trade at $74.69 a barrel.

EUR/USD was up 0.09% to 1.1709, while EUR/GBP fell 0.39% to 0.8751.

The US Dollar Index Futures was down 0.11% at 93.92.

Germany stocks higher at close of trade; DAX up 0.13%

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