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Germany stocks higher at close of trade; DAX up 0.16%

Published 07/16/2018, 12:15 PM
Updated 07/16/2018, 12:20 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.16%

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

At the close in Frankfurt, the DAX added 0.16%, while the MDAX index added 0.26%, and the TecDAX index added 0.64%.

The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 7.08% or 0.680 points to trade at 10.287 at the close. Meanwhile, Fresenius SE & Co KGAA O.N. (DE:FREG) added 1.80% or 1.200 points to end at 67.800 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 1.05% or 0.230 points to 22.150 in late trade.

The worst performers of the session were Heidelbergcement AG O.N. (DE:HEIG), which fell 0.96% or 0.680 points to trade at 70.280 at the close. Volkswagen AG VZO O.N. (DE:VOWG_p) declined 0.89% or 1.28 points to end at 142.72 and Continental AG O.N. (DE:CONG) was down 0.74% or 1.50 points to 200.30.

The top performers on the MDAX were Rocket Internet (DE:RKET) which rose 2.24% to 30.16, Kion Group AG (DE:KGX) which was up 2.18% to settle at 63.86 and Wacker Chemie O.N. (DE:WCHG) which gained 1.70% to close at 116.95.

The worst performers were Metro Wholesale & Food Specialist AG (DE:B4B) which was down 2.20% to 10.2400 in late trade, Norma Group AG NA O.N. (DE:NOEJ) which lost 2.15% to settle at 56.850 and Metro AG (DE:MEOG) which was down 1.01% to 7.068 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 5.66% to 113.900, Dialog Semiconductor (DE:DLGS) which was up 4.90% to settle at 15.000 and Aixtron SE (DE:AIXGn) which gained 3.25% to close at 12.070.

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The worst performers were Qiagen NV (DE:QIA) which was down 1.29% to 31.480 in late trade, Nordex SE O.N. (DE:NDXG) which lost 0.98% to settle at 9.720 and Xing AG (DE:OBCGn) which was down 0.87% to 283.50 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 373 to 351 and 58 ended unchanged.

Shares in Heidelbergcement AG O.N. (DE:HEIG) fell to 52-week lows; losing 0.96% or 0.680 to 70.280. Shares in Rocket Internet (DE:RKET) rose to 52-week highs; gaining 2.24% or 0.66 to 30.16. Shares in Metro Wholesale & Food Specialist AG (DE:B4B) fell to all time lows; falling 2.20% or 0.2300 to 10.2400. Shares in Metro AG (DE:MEOG) fell to 52-week lows; falling 1.01% or 0.072 to 7.068. Shares in Nemetschek AG O.N. (DE:NEKG) rose to all time highs; up 5.66% or 6.100 to 113.900.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.65% to 14.35.

Gold Futures for August delivery was down 0.10% or 1.30 to $1239.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 3.97% or 2.78 to hit $67.17 a barrel, while the September Brent oil contract fell 4.38% or 3.30 to trade at $72.03 a barrel.

EUR/USD was up 0.21% to 1.1711, while EUR/GBP rose 0.24% to 0.8850.

The US Dollar Index Futures was down 0.17% at 94.28.

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