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Germany stocks higher at close of trade; DAX up 0.54%

Published 08/07/2018, 03:35 AM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.54%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Basic Resources, Transportation & Logistics and Technology sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.54%, while the MDAX index gained 0.23%, and the TecDAX index gained 0.20%.

The best performers of the session on the DAX were Deutsche Post AG NA O.N. (DE:DPWGn), which rose 1.54% or 0.455 points to trade at 30.005 at the close. Meanwhile, Daimler AG NA O.N. (DE:DAIGn) added 1.32% or 0.770 points to end at 59.020 and Linde AG 1 (DE:LIN1) was up 1.39% or 2.7000 points to 197.2000 in late trade.

The worst performers of the session were Commerzbank AG O.N. (DE:CBKG), which fell 3.45% or 0.309 points to trade at 8.637 at the close. Beiersdorf AG O.N. (DE:BEIG) declined 2.51% or 2.520 points to end at 97.880 and Thyssenkrupp AG O.N. (DE:TKAG) was down 0.05% or 0.010 points to 21.660.

The top performers on the MDAX were Schaeffler AG Pref (DE:SHA_p) which rose 7.26% to 12.19, Delivery Hero AG (DE:DHER) which was up 2.17% to settle at 48.08 and Aurubis AG (DE:NAFG) which gained 1.36% to close at 69.900.

The worst performers were Zalando SE (DE:ZALG) which was down 6.71% to 44.79 in late trade, Leoni AG (DE:LEOGn) which lost 0.65% to settle at 42.620 and Hugo Boss AG NA O.N. (DE:BOSSn) which was down 0.54% to 70.420 at the close.

The top performers on the TecDAX were S&T AG (DE:SANT1) which rose 1.76% to 26.56, Xing AG (DE:OBCGn) which was up 2.05% to settle at 298.50 and Medigene NA O.N. (DE:MDG1k) which gained 1.43% to close at 12.800.

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The worst performers were Telefonica Deutschland Holding AG (DE:O2Dn) which was down 3.60% to 3.665 in late trade, Draegerwerk VZO O.N. (DE:DRWG_p) which lost 1.01% to settle at 68.300 and Pfeiffer Vacuum Technology O.N. (DE:PV) which was down 0.90% to 126.45 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 320 to 137 and 39 ended unchanged.

Shares in S&T AG (DE:SANT1) rose to all time highs; gaining 1.76% or 0.46 to 26.56. Shares in Xing AG (DE:OBCGn) rose to all time highs; rising 2.05% or 6.00 to 298.50.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.64% to 15.74.

Gold Futures for December delivery was up 0.12% or 1.50 to $1219.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.30% or 0.21 to hit $69.22 a barrel, while the October Brent oil contract rose 0.49% or 0.36 to trade at $74.11 a barrel.

EUR/USD was up 0.16% to 1.1572, while EUR/GBP rose 0.06% to 0.8930.

The US Dollar Index Futures was down 0.13% at 95.07.

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