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

Published 09/18/2017, 12:15 PM
Updated 09/18/2017, 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 Monday, as gains in the Food & Beverages, Technology and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.32% to hit a new 1-month high, while the MDAX index added 0.54%, and the TecDAX index climbed 0.76%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 1.56% or 0.320 points to trade at 20.825 at the close. Meanwhile, BASF SE NA O.N. (DE:BASFN) added 1.46% or 1.260 points to end at 87.460 and Deutsche Boerse AG (DE:DB1Gn) was up 1.22% or 1.140 points to 94.590 in late trade.

The worst performers of the session were Thyssenkrupp AG O.N. (DE:TKAG), which fell 0.74% or 0.190 points to trade at 25.660 at the close. Vonovia SE (DE:VNAn) declined 0.59% or 0.21 points to end at 36.22 and Continental AG O.N. (DE:CONG) was down 0.58% or 1.20 points to 205.75.

The top performers on the MDAX were Suedzucker AG (DE:SZUG) which rose 3.44% to 18.515, K+S AG NA O.N. (DE:SDFGn) which was up 3.15% to settle at 21.640 and Lanxess AG (DE:LXSG) which gained 2.26% to close at 65.500.

The worst performers were Metro AG (DE:MEOG) which was down 1.23% to 10.000 in late trade, Bilfinger SE O.N. (DE:GBFG) which lost 1.16% to settle at 33.545 and Aurubis AG (DE:NAFG) which was down 0.91% to 73.730 at the close.

The top performers on the TecDAX were S&T AG (F:SANT1) which rose 5.64% to 18.911, Adva Optical Networking SE (DE:ADAG) which was up 3.14% to settle at 5.611 and Morphosys AG O.N. (DE:MORG) which gained 2.80% to close at 68.550.

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The worst performers were CompuGroup Medical AG O.N. (DE:COPMa) which was down 1.34% to 48.450 in late trade, Slm Solution G (DE:AM3D) which lost 0.76% to settle at 32.47 and Xing AG (DE:OBCGn) which was down 0.49% to 264.70 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 476 to 278 and 35 ended unchanged.

Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; gaining 1.56% or 0.320 to 20.825. Shares in S&T AG (F:SANT1) rose to 5-year highs; up 5.64% or 1.009 to 18.911. Shares in Morphosys AG O.N. (DE:MORG) rose to 52-week highs; gaining 2.80% or 1.870 to 68.550.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.14% to 11.97 a new 6-months low.

Gold Futures for December delivery was down 1.06% or 13.99 to $1311.21 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.91% or 0.46 to hit $49.98 a barrel, while the November Brent oil contract fell 0.81% or 0.45 to trade at $55.17 a barrel.

EUR/USD was down 0.12% to 1.1926, while EUR/GBP rose 0.69% to 0.8852.

The US Dollar Index Futures was up 0.29% at 91.92.

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