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Germany stocks higher at close of trade; DAX up 0.86%

Published 02/16/2018, 12:15 PM
Updated 02/16/2018, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.86%

Investing.com – Germany stocks were higher after the close on Friday, as gains in the Consumer & Cyclical, Financial Services and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX added 0.86%, while the MDAX index climbed 1.33%, and the TecDAX index gained 1.73%.

The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 2.52% or 0.92 points to trade at 37.41 at the close. Meanwhile, Prosiebensat 1 Media AG (DE:PSMGn) added 1.98% or 0.610 points to end at 31.470 and Fresenius Medical Care KGAA ST (DE:FMEG) was up 1.85% or 1.600 points to 87.880 in late trade.

The worst performers of the session were Linde AG O.N. (DE:LING), which fell 0.94% or 1.65 points to trade at 174.50 at the close. Muench. Rueckvers. VNA O.N. (DE:MUVGn) declined 0.36% or 0.65 points to end at 182.10 and Commerzbank AG O.N. (DE:CBKG) was down 0.36% or 0.046 points to 12.790.

The top performers on the MDAX were Stroeer SE (DE:SAXG) which rose 3.92% to 63.650, Kion Group AG (DE:KGX) which was up 3.78% to settle at 71.30 and Airbus Group SE (F:AIRG) which gained 2.41% to close at 95.330.

The worst performers were Lanxess AG (DE:LXSG) which was down 0.35% to 67.580 in late trade, Hugo Boss AG NA O.N. (DE:BOSSn) which lost 0.22% to settle at 72.940 and Wacker Chemie O.N. (DE:WCHG) which was down 0.18% to 141.05 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE:RIB) which rose 8.23% to 25.520, Morphosys AG O.N. (DE:MORG) which was up 4.86% to settle at 75.550 and Carl Zeiss Meditec AG (DE:AFXG) which gained 2.86% to close at 50.750.

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The worst performers were Pfeiffer Vacuum Technology O.N. (DE:PV) which was down 2.84% to 154.00 in late trade, Nordex SE O.N. (DE:NDXG) which lost 1.21% to settle at 9.468 and Adva Optical Networking SE (DE:ADAG) which was down 0.79% to 6.290 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 562 to 178 and 66 ended unchanged.

Shares in Airbus Group SE (F:AIRG) rose to all time highs; up 2.41% or 2.240 to 95.330.

The DAX volatility index, which measures the implied volatility of DAX options, was down 9.83% to 18.66.

Gold Futures for April delivery was down 0.07% or 0.90 to $1354.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.60% or 0.37 to hit $61.71 a barrel, while the April Brent oil contract rose 0.98% or 0.63 to trade at $64.96 a barrel.

EUR/USD was down 0.57% to 1.2433, while EUR/GBP fell 0.20% to 0.8852.

The US Dollar Index Futures was up 0.49% at 88.90.

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