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Germany stocks higher at close of trade; DAX up 0.18%

Published 04/05/2019, 01:15 PM
Updated 04/05/2019, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.18%

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Construction, Technology and Basic Resources sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.18% to hit a new 3-months high, while the MDAX index added 0.28%, and the TecDAX index climbed 0.38%.

The best performers of the session on the DAX were Heidelbergcement AG O.N. (DE:HEIG), which rose 1.70% or 1.160 points to trade at 69.580 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 1.65% or 0.326 points to end at 20.130 and Bayer AG NA (DE:BAYGN) was up 1.30% or 0.79 points to 61.47 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 1.19% or 0.090 points to trade at 7.492 at the close. SAP SE (DE:SAPG) declined 1.10% or 1.140 points to end at 102.500 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was down 0.98% or 0.88 points to 88.52.

The top performers on the MDAX were Leoni AG (DE:LEOGn) which rose 4.87% to 20.340, Wacker Chemie O.N. (DE:WCHG) which was up 2.90% to settle at 82.94 and Prosiebensat 1 Media AG (DE:PSMGn) which gained 2.66% to close at 14.2750.

The worst performers were Tag Immobilien AG (DE:TEGG) which was down 2.20% to 21.300 in late trade, Deutsche Pfandbriefbank AG (DE:PBBG) which lost 1.77% to settle at 11.13 and Rocket Internet (DE:RKET) which was down 1.55% to 22.80 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 5.47% to 21.200, Cancom SE O.N. (DE:COKG) which was up 3.20% to settle at 42.620 and Aixtron SE NA O.N. (DE:AIXGn) which gained 2.68% to close at 9.0360.

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The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 4.34% to 9.04 in late trade, S&T AG (DE:SANT1) which lost 2.10% to settle at 23.36 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 1.40% to 43.740 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 400 to 282 and 95 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.92% to 13.97.

Gold Futures for June delivery was up 0.14% or 1.75 to $1296.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.93% or 0.58 to hit $62.68 a barrel, while the June Brent oil contract rose 0.82% or 0.57 to trade at $69.97 a barrel.

EUR/USD was down 0.06% to 1.1214, while EUR/GBP rose 0.43% to 0.8616.

The US Dollar Index Futures was up 0.12% at 97.037.

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