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Germany stocks higher at close of trade; DAX up 1.00%

Stock MarketsMay 07, 2018 12:15PM ET
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© Reuters. Germany stocks higher at close of trade; DAX up 1.00%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Technology, Chemicals and Food & Beverages sectors led shares higher.

At the close in Frankfurt, the DAX gained 1.00% to hit a new 3-months high, while the MDAX index added 1.15%, and the TecDAX index gained 2.13%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 3.48% or 0.790 points to trade at 23.520 at the close. Meanwhile, Linde AG 1 (DE:LIN1) added 3.38% or 6.2500 points to end at 190.9500 and Covestro AG (DE:1COV) was up 2.28% or 1.700 points to 76.240 in late trade.

The worst performers of the session were Heidelbergcement AG O.N. (DE:HEIG), which fell 0.38% or 0.320 points to trade at 83.680 at the close. Bayerische Motoren Werke AG (DE:BMWG) unchanged 0.00% or 0.000 points to end at 91.560 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 0.05% or 0.006 points to 11.526.

The top performers on the MDAX were Norma Group AG NA O.N. (DE:NOEJ) which rose 7.41% to 66.650, Fuchs Petrolub AG VZO Pref (DE:FPEG_p) which was up 3.03% to settle at 45.600 and Evonik Industries AG (DE:EVKn) which gained 2.56% to close at 30.390.

The worst performers were Stroeer SE (DE:SAXG) which was down 3.21% to 61.850 in late trade, Zalando SE (DE:ZALG) which lost 1.00% to settle at 43.65 and Rocket Internet (DE:RKET) which was down 0.67% to 23.86 at the close.

The top performers on the TecDAX were S&T AG (F:SANT1) which rose 6.82% to 23.180, RIB Software AG Na (DE:RIB) which was up 5.30% to settle at 21.460 and Aixtron SE (DE:AIXGn) which gained 5.02% to close at 13.185.

The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 1.66% to 13.600 in late trade, Pfeiffer Vacuum Technology O.N. (DE:PV) which lost 0.84% to settle at 152.90 and CompuGroup Medical AG O.N. (DE:COPMa) which was down 0.42% to 43.020 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 501 to 205 and 66 ended unchanged.

Shares in Norma Group AG NA O.N. (DE:NOEJ) rose to all time highs; gaining 7.41% or 4.600 to 66.650. Shares in S&T AG (F:SANT1) rose to 5-year highs; rising 6.82% or 1.480 to 23.180.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.10% to 14.65 a new 3-months low.

Gold Futures for June delivery was down 0.05% or 0.60 to $1314.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.25% or 0.87 to hit $70.59 a barrel, while the July Brent oil contract rose 1.68% or 1.26 to trade at $76.13 a barrel.

EUR/USD was down 0.29% to 1.1926, while EUR/GBP fell 0.55% to 0.8792.

The US Dollar Index Futures was up 0.16% at 92.57.

Germany stocks higher at close of trade; DAX up 1.00%
 

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