Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Germany stocks higher at close of trade; DAX up 0.65%

Published 11/12/2019, 01:15 PM
Updated 11/12/2019, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.65%

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

At the close in Frankfurt, the DAX gained 0.65%, while the MDAX index climbed 0.16%, and the TecDAX index climbed 0.73%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 6.71% or 1.243 points to trade at 19.755 at the close. Meanwhile, Deutsche Post AG NA O.N. (DE:DPWGn) added 3.82% or 1.250 points to end at 34.010 and Siemens AG Class N (DE:SIEGn) was up 1.72% or 1.94 points to 114.48 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 3.26% or 4.28 points to trade at 127.00 at the close. Covestro AG (DE:1COV) declined 1.02% or 0.470 points to end at 45.670 and Fresenius Medical Care KGAA ST (DE:FMEG) was down 0.89% or 0.600 points to 66.560.

The top performers on the MDAX were Dialog Semiconductor (DE:DLGS) which rose 6.91% to 45.855, Grenke N AG (DE:GLJn) which was up 3.03% to settle at 93.50 and Deutsche Pfandbriefbank AG (DE:PBBG) which gained 3.02% to close at 13.63.

The worst performers were Aareal Bank AG (DE:ARLG) which was down 8.29% to 27.880 in late trade, RTL Group SA (DE:RRTL) which lost 3.14% to settle at 44.420 and Sartorius AG VZO O.N. (DE:SATG_p) which was down 2.44% to 175.600 at the close.

The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 6.78% to 45.8000, Infineon Technologies AG NA O.N. (DE:IFXGn) which was up 6.71% to settle at 19.755 and SLM Solutions Group AG (DE:AM3D) which gained 2.70% to close at 15.22.

The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 2.78% to 5.765 in late trade, New Work SE (DE:NWOn) which lost 2.69% to settle at 271.50 and Sartorius AG VZO O.N. (DE:SATG_p) which was down 2.44% to 175.600 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 385 to 298 and 77 ended unchanged.

Shares in Deutsche Post AG NA O.N. (DE:DPWGn) rose to 52-week highs; gaining 3.82% or 1.250 to 34.010. Shares in Siemens AG Class N (DE:SIEGn) rose to 52-week highs; gaining 1.72% or 1.94 to 114.48. Shares in Dialog Semiconductor (DE:DLGS) rose to 52-week highs; gaining 6.91% or 2.965 to 45.855. Shares in Deutsche Pfandbriefbank AG (DE:PBBG) rose to 52-week highs; gaining 3.02% or 0.40 to 13.63. Shares in Dialog Semiconductor (DE:DLGS) rose to 52-week highs; up 6.78% or 2.9100 to 45.8000.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.06% to 13.72.

Gold Futures for December delivery was down 0.18% or 2.65 to $1454.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.53% or 0.30 to hit $57.16 a barrel, while the January Brent oil contract rose 0.34% or 0.21 to trade at $62.39 a barrel.

EUR/USD was down 0.18% to 1.1012, while EUR/GBP fell 0.20% to 0.8563.

The US Dollar Index Futures was up 0.13% at 98.157.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.