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Germany stocks higher at close of trade; DAX up 0.28%

Published 11/03/2017, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.28%

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

At the close in Frankfurt, the DAX rose 0.28% to hit a new all time high, while the MDAX index climbed 0.49%, and the TecDAX index climbed 0.69%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 1.71% or 0.410 points to trade at 24.375 at the close. Meanwhile, Bayer AG NA (DE:BAYGN) added 1.40% or 1.60 points to end at 116.00 and Deutsche Telekom AG Na (DE:DTEGn) was up 1.23% or 0.190 points to 15.640 in late trade.

The worst performers of the session were Commerzbank AG O.N. (DE:CBKG), which fell 1.75% or 0.210 points to trade at 11.785 at the close. Heidelbergcement AG O.N. (DE:HEIG) declined 1.24% or 1.070 points to end at 85.450 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 0.85% or 0.125 points to 14.510.

The top performers on the MDAX were Norma Group AG NA O.N. (DE:NOEJ) which rose 2.51% to 59.580, Rational AG (BS:RAAd) which was up 2.46% to settle at 584.00 and Axel Springer SE (DE:SPRGn) which gained 2.29% to close at 60.410.

The worst performers were Hugo Boss AG NA O.N. (DE:BOSSn) which was down 5.84% to 71.940 in late trade, Fielmann AG (DE:FIEG) which lost 3.20% to settle at 73.770 and Salzgitter AG (DE:SZGG) which was down 3.18% to 41.070 at the close.

The top performers on the TecDAX were Xing AG (DE:OBCGn) which rose 4.39% to 260.50, Morphosys AG O.N. (DE:MORG) which was up 3.32% to settle at 80.020 and RIB Software AG Na (DE:RIB) which gained 3.22% to close at 20.355.

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The worst performers were Evotec AG O.N. (DE:EVTG) which was down 3.34% to 17.790 in late trade, Nordex SE O.N. (DE:NDXG) which lost 2.12% to settle at 8.760 and GFT Technologies AG (DE:GFTG) which was down 1.93% to 12.440 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 449 to 317 and 28 ended unchanged.

Shares in Axel Springer SE (DE:SPRGn) rose to all time highs; gaining 2.29% or 1.350 to 60.410. Shares in Morphosys AG O.N. (DE:MORG) rose to 52-week highs; up 3.32% or 2.570 to 80.020. Shares in GFT Technologies AG (DE:GFTG) fell to 52-week lows; down 1.93% or 0.245 to 12.440.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.29% to 12.00.

Gold Futures for December delivery was down 0.62% or 7.97 to $1270.13 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.88% or 0.48 to hit $55.02 a barrel, while the January Brent oil contract rose 1.07% or 0.65 to trade at $61.27 a barrel.

EUR/USD was down 0.41% to 1.1610, while EUR/GBP fell 0.54% to 0.8879.

The US Dollar Index Futures was up 0.24% at 94.85.

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