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Germany stocks higher at close of trade; DAX up 0.32%

Published 01/12/2018, 12:15 PM
Updated 01/12/2018, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.32%

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

At the close in Frankfurt, the DAX gained 0.32%, while the MDAX index gained 0.28%, and the TecDAX index added 0.52%.

The best performers of the session on the DAX were Prosiebensat 1 Media AG (DE:PSMGn), which rose 3.11% or 0.890 points to trade at 29.480 at the close. Meanwhile, RWE AG ST O.N. (DE:RWEG) added 1.58% or 0.275 points to end at 17.725 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was up 1.58% or 2.95 points to 190.00 in late trade.

The worst performers of the session were Commerzbank AG O.N. (DE:CBKG), which fell 1.54% or 0.208 points to trade at 13.270 at the close. Deutsche Boerse AG (DE:DB1Gn) declined 1.52% or 1.520 points to end at 98.480 and Beiersdorf AG O.N. (DE:BEIG) was down 1.21% or 1.180 points to 96.500.

The top performers on the MDAX were Wacker Chemie O.N. (DE:WCHG) which rose 2.78% to 172.10, Covestro AG (DE:1COV) which was up 2.53% to settle at 90.760 and Jungheinrich AG O.N.VZO (DE:JUNG_p) which gained 2.36% to close at 41.600.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 5.73% to 0.41 in late trade, Suedzucker AG (DE:SZUG) which lost 1.76% to settle at 16.465 and Rheinmetall AG (DE:RHMG) which was down 1.72% to 111.500 at the close.

The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 6.51% to 138.200, Draegerwerk VZO O.N. (DE:DRWG_p) which was up 5.77% to settle at 80.700 and Aixtron SE (DE:AIXGn) which gained 3.76% to close at 12.280.

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The worst performers were Nordex SE O.N. (DE:NDXG) which was down 6.08% to 10.510 in late trade, Carl Zeiss Meditec AG (DE:AFXG) which lost 3.86% to settle at 52.300 and GFT Technologies AG (DE:GFTG) which was down 3.58% to 13.200 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 397 to 318 and 98 ended unchanged.

Shares in Wacker Chemie O.N. (DE:WCHG) rose to 5-year highs; rising 2.78% or 4.65 to 172.10. Shares in Covestro AG (DE:1COV) rose to all time highs; rising 2.53% or 2.240 to 90.760. Shares in Suedzucker AG (DE:SZUG) fell to 52-week lows; falling 1.76% or 0.295 to 16.465. Shares in Jungheinrich AG O.N.VZO (DE:JUNG_p) rose to 3-years highs; gaining 2.36% or 0.960 to 41.600.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.03% to 12.00.

Gold Futures for February delivery was up 0.70% or 9.20 to $1331.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.31% or 0.20 to hit $64.00 a barrel, while the March Brent oil contract rose 0.23% or 0.16 to trade at $69.42 a barrel.

EUR/USD was up 0.85% to 1.2134, while EUR/GBP fell 0.27% to 0.8864.

The US Dollar Index Futures was down 0.67% at 91.05.

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