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Germany stocks higher at close of trade; DAX up 0.55%

Published 08/03/2018, 12:35 PM
Updated 08/03/2018, 12:37 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.55%

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Consumer & Cyclical, Telecoms and Pharmaceuticals & Healthcare sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.55%, while the MDAX index climbed 0.54%, and the TecDAX index climbed 1.37%.

The best performers of the session on the DAX were Adidas AG (DE:ADSGN), which rose 2.51% or 4.65 points to trade at 189.60 at the close. Meanwhile, Vonovia SE (DE:VNAn) added 2.07% or 0.86 points to end at 42.33 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was up 2.00% or 2.15 points to 109.65 in late trade.

The worst performers of the session were Thyssenkrupp AG O.N. (DE:TKAG), which fell 2.45% or 0.550 points to trade at 21.870 at the close. Siemens AG Class N (DE:SIEGn) declined 1.80% or 2.06 points to end at 112.14 and Deutsche Lufthansa AG (DE:LHAG) was down 1.11% or 0.260 points to 23.220.

The top performers on the MDAX were Schaeffler AG Pref (DE:SHA_p) which rose 2.56% to 11.03, Osram Licht AG (DE:OSRn) which was up 2.13% to settle at 40.83 and Grand City Properties SA (DE:GYC) which gained 1.79% to close at 22.72.

The worst performers were Delivery Hero AG (DE:DHER) which was down 1.71% to 47.06 in late trade, Hugo Boss AG NA O.N. (DE:BOSSn) which lost 1.68% to settle at 70.100 and Kion Group AG (DE:KGX) which was down 1.04% to 57.22 at the close.

The top performers on the TecDAX were S&T AG (DE:SANT1) which rose 7.51% to 26.34, Dialog Semiconductor (DE:DLGS) which was up 6.40% to settle at 16.492 and Jenoptik AG (DE:JENG) which gained 3.23% to close at 35.160.

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The worst performers were Morphosys AG O.N. (DE:MORG) which was down 3.14% to 105.000 in late trade, Cancom SE O.N. (DE:COKG) which lost 2.73% to settle at 45.660 and SLM Solutions Group AG (DE:AM3D) which was down 1.54% to 25.50 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 472 to 232 and 72 ended unchanged.

Shares in S&T AG (DE:SANT1) rose to all time highs; up 7.51% or 1.84 to 26.34.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.15% to 16.18.

Gold Futures for December delivery was up 0.39% or 4.80 to $1224.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.96% or 0.66 to hit $68.30 a barrel, while the October Brent oil contract fell 0.35% or 0.26 to trade at $73.19 a barrel.

EUR/USD was up 0.03% to 1.1588, while EUR/GBP rose 0.02% to 0.8903.

The US Dollar Index Futures was down 0.12% at 94.89.

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