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Germany stocks higher at close of trade; DAX up 0.49%

Published 11/23/2018, 12:15 PM
Updated 11/23/2018, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.49%

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Food & Beverages, Transportation & Logistics and Media sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.49%, while the MDAX index climbed 0.51%, and the TecDAX index climbed 1.33%.

The best performers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 2.85% or 0.580 points to trade at 20.910 at the close. Meanwhile, Merck KGaA (DE:MRCG) added 1.53% or 1.48 points to end at 97.92 and Wirecard AG (DE:WDIG) was up 1.42% or 1.850 points to 131.950 in late trade.

The worst performers of the session were RWE AG ST O.N. (DE:RWEG), which fell 1.17% or 0.225 points to trade at 18.975 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 0.75% or 0.062 points to end at 8.170 and Volkswagen AG VZO O.N. (DE:VOWG_p) was down 0.62% or 0.94 points to 150.98.

The top performers on the MDAX were Qiagen NV (DE:QIA) which rose 3.37% to 30.3700, Hugo Boss AG NA O.N. (DE:BOSSn) which was up 2.83% to settle at 62.540 and Stroeer SE (DE:SAXG) which gained 2.70% to close at 48.660.

The worst performers were GEA Group AG (DE:G1AG) which was down 9.83% to 23.490 in late trade, Salzgitter AG (DE:SZGG) which lost 2.68% to settle at 29.410 and Uniper SE (DE:UN01) which was down 1.47% to 24.150 at the close.

The top performers on the TecDAX were Shop Apotheke Europe NV (DE:SAEG) which rose 5.60% to 41.500, Hapag Lloyd AG (DE:HLAG) which was up 4.13% to settle at 30.2600 and Isra Vision O.N. (DE:ISRG) which gained 4.06% to close at 35.90.

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The worst performers were SMA Solar Technology AG (DE:S92G) which was down 4.22% to 18.380 in late trade, Patrizia Immobilien AG (DE:PATGn) which lost 3.30% to settle at 16.690 and HelloFresh SE (DE:HFGG) which was down 3.24% to 8.65 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 436 to 265 and 75 ended unchanged.

Shares in GEA Group AG (DE:G1AG) fell to 5-year lows; falling 9.83% or 2.560 to 23.490. Shares in Salzgitter AG (DE:SZGG) fell to 52-week lows; down 2.68% or 0.810 to 29.410.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.15% to 19.80.

Gold Futures for December delivery was down 0.37% or 4.50 to $1223.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 6.81% or 3.72 to hit $50.91 a barrel, while the January Brent oil contract fell 6.10% or 3.82 to trade at $58.78 a barrel.

EUR/USD was down 0.61% to 1.1334, while EUR/GBP fell 0.11% to 0.8846.

The US Dollar Index Futures was up 0.25% at 96.830.

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