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Germany stocks higher at close of trade; DAX up 0.61%

Published 04/02/2019, 01:15 PM
Updated 04/02/2019, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.61%

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

At the close in Frankfurt, the DAX rose 0.61%, while the MDAX index climbed 0.36%, and the TecDAX index added 0.15%.

The best performers of the session on the DAX were Continental AG O.N. (DE:CONG), which rose 2.31% or 3.26 points to trade at 144.44 at the close. Meanwhile, Bayerische Motoren Werke AG (DE:BMWG) added 2.22% or 1.550 points to end at 71.250 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 1.85% or 0.342 points to 18.848 in late trade.

The worst performers of the session were Henkel & Co KGaA AG Pref (DE:HNKG_p), which fell 1.99% or 1.80 points to trade at 88.80 at the close. Deutsche Post AG NA O.N. (DE:DPWGn) declined 1.46% or 0.430 points to end at 29.010 and Wirecard AG (DE:WDIG) was down 1.41% or 1.550 points to 108.000.

The top performers on the MDAX were Lanxess AG (DE:LXSG) which rose 3.50% to 50.580, Morphosys AG O.N. (DE:MORG) which was up 3.29% to settle at 87.8000 and Osram Licht AG (DE:OSRn) which gained 2.83% to close at 32.71.

The worst performers were Drillisch AG (DE:DRIG) which was down 2.24% to 32.300 in late trade, Aroundtown Property Holdings PLC (DE:AT1) which lost 1.69% to settle at 7.324 and Siemens Healthineers AG (DE:SHLG) which was down 1.67% to 37.00 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE:MDG1k) which rose 5.57% to 9.010, Aixtron SE NA O.N. (DE:AIXGn) which was up 4.36% to settle at 8.4800 and Morphosys AG O.N. (DE:MORG) which gained 3.29% to close at 87.800.

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The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 3.92% to 9.80 in late trade, Drillisch AG (DE:DRIG) which lost 2.24% to settle at 32.300 and Xing AG (DE:OBCGn) which was down 1.99% to 320.00 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 443 to 260 and 78 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.26% to 14.90.

Gold Futures for June delivery was up 0.08% or 1.05 to $1295.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.35% or 0.83 to hit $62.42 a barrel, while the June Brent oil contract rose 0.39% or 0.27 to trade at $69.28 a barrel.

EUR/USD was down 0.10% to 1.1200, while EUR/GBP fell 0.08% to 0.8550.

The US Dollar Index Futures was up 0.14% at 96.933.

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