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Germany stocks higher at close of trade; DAX up 0.57%

Published 12/12/2019, 01:15 PM
Updated 12/12/2019, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.57%

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

At the close in Frankfurt, the DAX added 0.57%, while the MDAX index gained 0.59%, and the TecDAX index added 0.46%.

The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 3.38% or 0.222 points to trade at 6.782 at the close. Meanwhile, Covestro AG (DE:1COV) added 2.44% or 1.020 points to end at 42.770 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 2.40% or 0.485 points to 20.700 in late trade.

The worst performers of the session were MTU Aero Engines NA O.N. (DE:MTXGn), which fell 3.29% or 8.60 points to trade at 253.00 at the close. Beiersdorf AG O.N. (DE:BEIG) declined 0.96% or 1.000 points to end at 102.850 and RWE AG ST O.N. (DE:RWEG) was down 0.91% or 0.240 points to 26.250.

The top performers on the MDAX were Duerr AG (DE:DUEG) which rose 8.70% to 29.360, Aurubis AG (DE:NAFG) which was up 7.71% to settle at 53.060 and Siltronic AG (DE:WAFGn) which gained 5.15% to close at 87.860.

The worst performers were MTU Aero Engines NA O.N. (DE:MTXGn) which was down 3.29% to 253.00 in late trade, Alstria Office Reit-Ag (DE:AOXG) which lost 2.26% to settle at 16.420 and Metro Wholesale & Food Specialist AG (DE:B4B) which was down 1.99% to 14.0500 at the close.

The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 5.15% to 87.860, Morphosys AG O.N. (DE:MORG) which was up 2.65% to settle at 127.700 and Infineon Technologies AG NA O.N. (DE:IFXGn) which gained 2.40% to close at 20.700.

The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 10.67% to 3.970 in late trade, Evotec AG O.N. (DE:EVTG) which lost 1.74% to settle at 20.910 and New Work SE (DE:NWOn) which was down 1.29% to 268.50 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 431 to 261 and 61 ended unchanged.

Shares in Aurubis AG (DE:NAFG) rose to 52-week highs; up 7.71% or 3.800 to 53.060. Shares in Medigene NA O.N. (DE:MDG1k) fell to 3-years lows; down 10.67% or 0.474 to 3.970. Shares in Morphosys AG O.N. (DE:MORG) rose to all time highs; gaining 2.65% or 3.300 to 127.700.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.85% to 15.33.

Gold Futures for February delivery was down 0.15% or 2.15 to $1472.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.23% or 0.72 to hit $59.48 a barrel, while the February Brent oil contract rose 1.30% or 0.83 to trade at $64.55 a barrel.

EUR/USD was down 0.18% to 1.1108, while EUR/GBP rose 0.63% to 0.8485.

The US Dollar Index Futures was up 0.41% at 97.455.

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