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Germany stocks higher at close of trade; DAX up 0.94%

Published 12/16/2019, 01:15 PM
Updated 12/16/2019, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.94%

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

At the close in Frankfurt, the DAX added 0.94% to hit a new 52-week high, while the MDAX index gained 1.73%, and the TecDAX index added 1.24%.

The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 3.56% or 0.239 points to trade at 6.960 at the close. Meanwhile, Wirecard AG (DE:WDIG) added 3.16% or 3.300 points to end at 107.750 and Adidas AG (DE:ADSGN) was up 2.58% or 7.20 points to 285.80 in late trade.

The worst performers of the session were Volkswagen AG VZO O.N. (DE:VOWG_p), which fell 0.58% or 1.06 points to trade at 182.24 at the close. Infineon Technologies AG NA O.N. (DE:IFXGn) declined 0.12% or 0.025 points to end at 21.020 and Heidelbergcement AG O.N. (DE:HEIG) was down 0.12% or 0.080 points to 67.460.

The top performers on the MDAX were Evotec AG O.N. (DE:EVTG) which rose 6.59% to 22.800, Grenke N AG (DE:GLJn) which was up 5.57% to settle at 91.95 and Scout24 AG (DE:G24n) which gained 5.52% to close at 58.350.

The worst performers were Leoni AG (DE:LEOGn) which was down 2.29% to 10.465 in late trade, Siltronic AG (DE:WAFGn) which lost 1.27% to settle at 88.580 and Telefonica Deutschland Holding AG (DE:O2Dn) which was down 0.08% to 2.660 at the close.

The top performers on the TecDAX were Evotec AG O.N. (DE:EVTG) which rose 6.59% to 22.800, Nordex SE O.N. (DE:NDXG) which was up 4.59% to settle at 12.770 and Medigene NA O.N. (DE:MDG1k) which gained 4.22% to close at 4.450.

The worst performers were Isra Vision O.N. (DE:ISRG) which was down 5.11% to 39.00 in late trade, Siltronic AG (DE:WAFGn) which lost 1.27% to settle at 88.580 and SMA Solar Technology AG (DE:S92G) which was down 0.37% to 32.520 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 525 to 172 and 59 ended unchanged.

Shares in Scout24 AG (DE:G24n) rose to all time highs; gaining 5.52% or 3.050 to 58.350.

The DAX volatility index, which measures the implied volatility of DAX options, was down 8.99% to 12.66 a new 6-months low.

Gold Futures for February delivery was down 0.12% or 1.75 to $1479.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.32% or 0.19 to hit $60.17 a barrel, while the February Brent oil contract rose 0.48% or 0.31 to trade at $65.53 a barrel.

EUR/USD was up 0.21% to 1.1142, while EUR/GBP rose 0.26% to 0.8363.

The US Dollar Index Futures was down 0.10% at 96.645.

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