Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Germany stocks higher at close of trade; DAX up 0.83%

Published 11/07/2019, 01:15 PM
Updated 11/07/2019, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.83%

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

At the close in Frankfurt, the DAX gained 0.83% to hit a new 52-week high, while the MDAX index climbed 0.63%, and the TecDAX index gained 0.90%.

The best performers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 6.16% or 0.995 points to trade at 17.150 at the close. Meanwhile, Siemens AG Class N (DE:SIEGn) added 4.89% or 5.30 points to end at 113.66 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 4.15% or 0.770 points to 19.310 in late trade.

The worst performers of the session were Heidelbergcement AG O.N. (DE:HEIG), which fell 4.47% or 3.040 points to trade at 65.000 at the close. RWE AG ST O.N. (DE:RWEG) declined 3.71% or 1.000 points to end at 25.920 and Deutsche Telekom AG Na (DE:DTEGn) was down 2.04% or 0.320 points to 15.356.

The top performers on the MDAX were Dialog Semiconductor (DE:DLGS) which rose 6.81% to 44.170, Lanxess AG (DE:LXSG) which was up 3.97% to settle at 63.340 and Hugo Boss AG NA O.N. (DE:BOSSn) which gained 3.82% to close at 40.000.

The worst performers were Prosiebensat 1 Media AG (DE:PSMGn) which was down 3.02% to 13.6250 in late trade, Knorr-Bremse AG (DE:KBX) which lost 2.78% to settle at 90.37 and Scout24 AG (DE:G24n) which was down 2.74% to 53.250 at the close.

The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 7.41% to 44.0900, Infineon Technologies AG NA O.N. (DE:IFXGn) which was up 4.15% to settle at 19.310 and Draegerwerk VZO O.N. (DE:DRWG_p) which gained 3.77% to close at 56.450.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were SMA Solar Technology AG (DE:S92G) which was down 11.99% to 26.560 in late trade, S&T AG (DE:SANT1) which lost 2.32% to settle at 20.18 and Deutsche Telekom AG Na (DE:DTEGn) which was down 2.04% to 15.356 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 428 to 250 and 80 ended unchanged.

Shares in Siemens AG Class N (DE:SIEGn) rose to 52-week highs; rising 4.89% or 5.30 to 113.66. Shares in Lanxess AG (DE:LXSG) rose to 52-week highs; rising 3.97% or 2.420 to 63.340.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.58% to 13.61.

Gold Futures for December delivery was down 1.82% or 27.15 to $1465.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.40% or 1.35 to hit $57.70 a barrel, while the January Brent oil contract rose 1.55% or 0.96 to trade at $62.70 a barrel.

EUR/USD was down 0.21% to 1.1042, while EUR/GBP rose 0.11% to 0.8616.

The US Dollar Index Futures was up 0.27% at 98.030.

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.