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Germany stocks higher at close of trade; DAX up 0.82%

Published 07/18/2018, 12:15 PM
Updated 07/18/2018, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.82%

© Reuters. Germany stocks higher at close of trade; DAX up 0.82%

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

At the close in Frankfurt, the DAX gained 0.82%, while the MDAX index added 0.79%, and the TecDAX index climbed 0.89%.

The best performers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 4.20% or 0.860 points to trade at 21.350 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 3.09% or 0.690 points to end at 23.050 and Covestro AG (DE:1COV) was up 2.83% or 2.240 points to 81.520 in late trade.

The worst performers of the session were Linde AG 1 (DE:LIN1), which fell 1.29% or 2.8000 points to trade at 214.4000 at the close. Bayer AG NA (DE:BAYGN) declined 0.48% or 0.45 points to end at 92.96 and Fresenius Medical Care KGAA ST (DE:FMEG) was down 0.37% or 0.320 points to 85.600.

The top performers on the MDAX were Leoni AG (DE:LEOGn) which rose 6.08% to 43.780, GEA Group AG (DE:G1AG) which was up 3.93% to settle at 31.470 and Osram Licht AG (DE:OSRn) which gained 3.85% to close at 35.37.

The worst performers were Scout24 AG (DE:G24n) which was down 2.18% to 46.620 in late trade, Gerresheimer AG (DE:GXIG) which lost 1.47% to settle at 73.600 and Airbus Group SE (DE:AIRG) which was down 0.30% to 107.24 at the close.

The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 5.95% to 137.950, Aixtron SE (DE:AIXGn) which was up 4.85% to settle at 12.750 and S&T AG (DE:SANT1) which gained 3.68% to close at 24.26.

The worst performers were Software AG (DE:SOWGn) which was down 6.35% to 40.260 in late trade, RIB Software AG Na (DE:RIB) which lost 1.90% to settle at 19.660 and Nemetschek AG O.N. (DE:NEKG) which was down 1.18% to 117.600 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 495 to 197 and 89 ended unchanged.

Shares in S&T AG (DE:SANT1) rose to all time highs; gaining 3.68% or 0.86 to 24.26.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.99% to 13.74 a new 1-month low.

Gold Futures for August delivery was down 0.07% or 0.80 to $1226.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.51% or 0.34 to hit $67.50 a barrel, while the September Brent oil contract rose 0.78% or 0.56 to trade at $72.72 a barrel.

EUR/USD was down 0.06% to 1.1653, while EUR/GBP rose 0.35% to 0.8923.

The US Dollar Index Futures was up 0.06% at 94.79.

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