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Germany stocks higher at close of trade; DAX up 0.53%

Published 01/24/2019, 12:15 PM
Updated 01/24/2019, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.53%

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

At the close in Frankfurt, the DAX gained 0.53%, while the MDAX index added 0.66%, and the TecDAX index gained 1.21%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 6.46% or 1.170 points to trade at 19.280 at the close. Meanwhile, Wirecard AG (DE:WDIG) added 3.84% or 6.150 points to end at 166.150 and RWE AG ST O.N. (DE:RWEG) was up 3.34% or 0.690 points to 21.340 in late trade.

The worst performers of the session were Henkel & Co KGaA AG Pref (DE:HNKG_p), which fell 3.20% or 2.76 points to trade at 83.48 at the close. Adidas AG (DE:ADSGN) declined 2.41% or 5.00 points to end at 202.30 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 1.89% or 0.151 points to 7.822.

The top performers on the MDAX were Siltronic AG (DE:WAFGn) which rose 7.68% to 85.560, Rheinmetall AG (DE:RHMG) which was up 4.23% to settle at 90.120 and Prosiebensat 1 Media AG (DE:PSMGn) which gained 3.41% to close at 15.9350.

The worst performers were Drillisch AG (DE:DRIG) which was down 5.43% to 36.560 in late trade, Puma SE (DE:PUMG) which lost 2.45% to settle at 477.50 and United Internet AG NA (DE:UTDI) which was down 2.38% to 35.200 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 14.42% to 20.000, Infineon Technologies AG NA O.N. (DE:IFXGn) which was up 6.46% to settle at 19.280 and Isra Vision O.N. (DE:ISRG) which gained 5.89% to close at 29.65.

The worst performers were Zooplus AG (DE:ZO1G) which was down 4.25% to 114.90 in late trade, Kloeckner & Co SE NA (DE:KCOGn) which lost 1.90% to settle at 6.2050 and Deutsche Telekom AG Na (DE:DTEGn) which was down 1.83% to 14.190 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 433 to 264 and 80 ended unchanged.

Shares in Henkel & Co KGaA AG Pref (DE:HNKG_p) fell to 3-years lows; down 3.20% or 2.76 to 83.48. Shares in Zooplus AG (DE:ZO1G) fell to 52-week lows; falling 4.25% or 5.10 to 114.90.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.24% to 17.40.

Gold Futures for February delivery was down 0.33% or 4.25 to $1279.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.25% or 0.66 to hit $53.28 a barrel, while the March Brent oil contract rose 0.33% or 0.20 to trade at $61.34 a barrel.

EUR/USD was down 0.56% to 1.1317, while EUR/GBP fell 0.24% to 0.8686.

The US Dollar Index Futures was up 0.48% at 96.230.

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