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Germany stocks higher at close of trade; DAX up 1.04%

Published 06/28/2019, 01:15 PM
Updated 06/28/2019, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.04%

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

At the close in Frankfurt, the DAX rose 1.04% to hit a new 1-month high, while the MDAX index gained 1.10%, and the TecDAX index climbed 1.38%.

The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 3.32% or 0.218 points to trade at 6.780 at the close. Meanwhile, SAP SE (DE:SAPG) added 2.34% or 2.760 points to end at 120.760 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was up 2.19% or 1.84 points to 86.02 in late trade.

The worst performers of the session were Merck KGaA (DE:MRCG), which fell 0.82% or 0.76 points to trade at 91.96 at the close. Wirecard AG (DE:WDIG) declined 0.50% or 0.750 points to end at 148.050 and Fresenius SE & Co KGAA O.N. (DE:FREG) was down 0.42% or 0.200 points to 47.680.

The top performers on the MDAX were Nemetschek AG O.N. (DE:NEKG) which rose 7.48% to 52.950, Dialog Semiconductor (DE:DLGS) which was up 4.76% to settle at 35.460 and Jungheinrich AG O.N.VZO (DE:JUNG_p) which gained 3.67% to close at 27.100.

The worst performers were Osram Licht AG (DE:OSRn) which was down 2.03% to 28.96 in late trade, Duerr AG (DE:DUEG) which lost 1.09% to settle at 29.970 and RTL Group SA (DE:RRTL) which was down 0.35% to 45.040 at the close.

The top performers on the TecDAX were SLM Solutions Group AG (DE:AM3D) which rose 12.59% to 12.70, Nemetschek AG O.N. (DE:NEKG) which was up 7.48% to settle at 52.950 and SMA Solar Technology AG (DE:S92G) which gained 7.03% to close at 25.580.

The worst performers were S&T AG (DE:SANT1) which was down 2.38% to 20.48 in late trade, Nordex SE O.N. (DE:NDXG) which lost 1.30% to settle at 12.120 and Medigene NA O.N. (DE:MDG1k) which was down 1.13% to 7.425 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 489 to 198 and 91 ended unchanged.

Shares in SAP SE (DE:SAPG) rose to all time highs; gaining 2.34% or 2.760 to 120.760. Shares in Nemetschek AG O.N. (DE:NEKG) rose to 52-week lows; up 7.48% or 3.683 to 52.950. Shares in Dialog Semiconductor (DE:DLGS) rose to 52-week highs; up 4.76% or 1.610 to 35.460. Shares in Nemetschek AG O.N. (DE:NEKG) rose to 52-week lows; up 7.48% or 3.683 to 52.950.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.80% to 14.69.

Gold Futures for August delivery was up 0.09% or 1.25 to $1413.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.29% or 0.17 to hit $59.26 a barrel, while the September Brent oil contract fell 0.23% or 0.15 to trade at $65.52 a barrel.

EUR/USD was down 0.06% to 1.1361, while EUR/GBP fell 0.22% to 0.8947.

The US Dollar Index Futures was up 0.03% at 95.773.

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