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Germany stocks higher at close of trade; DAX up 0.52%

Published 01/08/2019, 12:15 PM
Updated 01/08/2019, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.52%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Food & Beverages, Industrials and Software sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.52%, while the MDAX index added 1.42%, and the TecDAX index climbed 0.29%.

The best performers of the session on the DAX were Bayer AG NA (DE:BAYGN), which rose 2.58% or 1.65 points to trade at 65.52 at the close. Meanwhile, Adidas AG (DE:ADSGN) added 2.42% or 4.60 points to end at 194.30 and Thyssenkrupp AG O.N. (DE:TKAG) was up 1.83% or 0.285 points to 15.840 in late trade.

The worst performers of the session were Fresenius SE & Co KGAA O.N. (DE:FREG), which fell 2.44% or 1.070 points to trade at 42.860 at the close. Deutsche Telekom AG Na (DE:DTEGn) declined 1.33% or 0.200 points to end at 14.865 and Fresenius Medical Care KGAA ST (DE:FMEG) was down 1.22% or 0.720 points to 58.080.

The top performers on the MDAX were Hugo Boss AG NA O.N. (DE:BOSSn) which rose 5.49% to 58.040, MTU Aero Engines NA O.N. (DE:MTXGn) which was up 4.57% to settle at 167.20 and Gerresheimer AG (DE:GXIG) which gained 4.53% to close at 58.800.

The worst performers were Siltronic AG (DE:WAFGn) which was down 3.52% to 76.160 in late trade, Siemens Healthineers AG (DE:SHLG) which lost 2.98% to settle at 35.15 and Kion Group AG (DE:KGX) which was down 1.72% to 45.68 at the close.

The top performers on the TecDAX were Patrizia Immobilien AG (DE:PATGn) which rose 5.83% to 17.800, Bilfinger SE O.N. (DE:GBFG) which was up 4.57% to settle at 27.4400 and Leoni AG (DE:LEOGn) which gained 4.55% to close at 32.370.

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The worst performers were Grenke N AG (DE:GLJn) which was down 6.17% to 70.00 in late trade, Rhoen Klinikum AG (DE:RHKG) which lost 4.32% to settle at 22.140 and Tele Columbus AG (DE:TC1n) which was down 2.91% to 3.00 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 493 to 215 and 70 ended unchanged.

Shares in Grenke N AG (DE:GLJn) fell to 52-week lows; down 6.17% or 4.60 to 70.00.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.19% to 20.61.

Gold Futures for February delivery was down 0.33% or 4.30 to $1285.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.43% or 1.18 to hit $49.70 a barrel, while the March Brent oil contract rose 2.25% or 1.29 to trade at $58.62 a barrel.

EUR/USD was down 0.27% to 1.1443, while EUR/GBP rose 0.28% to 0.9002.

The US Dollar Index Futures was up 0.28% at 95.493.

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