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Germany stocks higher at close of trade; DAX up 0.47%

Published 08/30/2017, 12:15 PM
Updated 08/30/2017, 12:16 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.47%

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Construction, Financial Services and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.47%, while the MDAX index climbed 0.86%, and the TecDAX index gained 1.36%.

The best performers of the session on the DAX were Heidelbergcement AG O.N. (DE:HEIG), which rose 1.57% or 1.220 points to trade at 78.840 at the close. Meanwhile, Adidas AG (DE:ADSGN) added 1.36% or 2.50 points to end at 185.70 and Deutsche Boerse AG (DE:DB1Gn) was up 1.16% or 1.020 points to 89.230 in late trade.

The worst performers of the session were Fresenius SE & Co KGAA O.N. (DE:FREG), which fell 0.85% or 0.600 points to trade at 70.390 at the close. Prosiebensat 1 Media AG (DE:PSMGn) declined 0.66% or 0.185 points to end at 27.750 and Volkswagen AG VZO O.N. (DE:VOWG_p) was down 0.47% or 0.60 points to 125.90.

The top performers on the MDAX were LEG Immobilien AG (DE:LEGn) which rose 2.35% to 83.750, Duerr AG (DE:DUEG) which was up 2.29% to settle at 96.840 and RTL Group SA (DE:RRTL) which gained 2.10% to close at 63.660.

The worst performers were Gerresheimer AG (BS:GXId) which was down 2.39% to 65.730 in late trade, Brenntag AG (DE:BNRGn) which lost 1.00% to settle at 44.370 and Fielmann AG (DE:FIEG) which was down 0.75% to 69.100 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE:ADAG) which rose 9.86% to 4.801, Jenoptik AG (DE:JENG) which was up 6.81% to settle at 24.535 and Medigene NA O.N. (DE:MDG1k) which gained 4.64% to close at 9.620.

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The worst performers were Siltronic AG (DE:WAFGn) which was down 3.89% to 77.820 in late trade, RIB Software AG Na (DE:RIB) which lost 0.37% to settle at 16.000 and Dialog Semiconductor (DE:DLGS) which was up 0.04% to 36.620 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 621 to 146 and 19 ended unchanged.

Shares in Prosiebensat 1 Media AG (DE:PSMGn) fell to 3-years lows; down 0.66% or 0.185 to 27.750. Shares in Gerresheimer AG (BS:GXId) fell to 52-week lows; losing 2.39% or 1.610 to 65.730. Shares in Brenntag AG (DE:BNRGn) fell to 52-week lows; losing 1.00% or 0.450 to 44.370.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.25% to 16.17.

Gold Futures for December delivery was down 0.39% or 5.08 to $1313.82 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.17% or 0.08 to hit $46.52 a barrel, while the November Brent oil contract fell 0.35% or 0.18 to trade at $51.48 a barrel.

EUR/USD was down 0.42% to 1.1922, while EUR/GBP fell 0.52% to 0.9217.

The US Dollar Index Futures was up 0.40% at 92.64.

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