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Germany stocks higher at close of trade; DAX up 0.60%

Published 06/11/2018, 12:15 PM
Updated 06/11/2018, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.60%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Telecoms, Chemicals and Technology sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.60%, while the MDAX index climbed 0.19%, and the TecDAX index added 1.38%.

The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 3.45% or 0.322 points to trade at 9.646 at the close. Meanwhile, Deutsche Telekom AG Na (DE:DTEGn) added 2.32% or 0.310 points to end at 13.645 and BASF SE NA O.N. (DE:BASFN) was up 2.22% or 1.910 points to 87.790 in late trade.

The worst performers of the session were Deutsche Post AG NA O.N. (DE:DPWGn), which fell 3.08% or 0.960 points to trade at 30.210 at the close. Deutsche Boerse AG (DE:DB1Gn) declined 1.49% or 1.750 points to end at 115.700 and Continental AG O.N. (DE:CONG) was down 1.17% or 2.60 points to 219.30.

The top performers on the MDAX were Lanxess AG (DE:LXSG) which rose 2.66% to 71.020, Fuchs Petrolub AG VZO Pref (DE:FPEG_p) which was up 1.90% to settle at 46.020 and K+S AG NA O.N. (DE:SDFGn) which gained 1.54% to close at 23.060.

The worst performers were Metro AG (DE:MEOG) which was down 2.11% to 8.250 in late trade, Prosiebensat 1 Media AG (DE:PSMGn) which lost 1.85% to settle at 24.3900 and Aroundtown Property Holdings PLC (DE:AT1) which was down 1.42% to 7.295 at the close.

The top performers on the TecDAX were CompuGroup Medical AG O.N. (DE:COPMa) which rose 4.21% to 44.040, S&T AG (F:SANT1) which was up 4.13% to settle at 20.680 and Drillisch AG (DE:DRIG) which gained 4.08% to close at 62.500.

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The worst performers were SMA Solar Technology AG (DE:S92G) which was down 3.49% to 43.140 in late trade, Nordex SE O.N. (DE:NDXG) which lost 2.94% to settle at 10.740 and Pfeiffer Vacuum Technology O.N. (DE:PV) which was down 0.32% to 154.10 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 432 to 276 and 81 ended unchanged.

Shares in Deutsche Post AG NA O.N. (DE:DPWGn) fell to 52-week lows; falling 3.08% or 0.960 to 30.210. Shares in Metro AG (DE:MEOG) fell to 52-week lows; losing 2.11% or 0.178 to 8.250. Shares in Prosiebensat 1 Media AG (DE:PSMGn) fell to 5-year lows; falling 1.85% or 0.4600 to 24.3900.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.63% to 15.22.

Gold Futures for August delivery was up 0.17% or 2.20 to $1304.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.68% or 0.45 to hit $66.19 a barrel, while the August Brent oil contract rose 0.10% or 0.08 to trade at $76.54 a barrel.

EUR/USD was up 0.20% to 1.1793, while EUR/GBP rose 0.44% to 0.8817.

The US Dollar Index Futures was down 0.02% at 93.53.

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