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Germany stocks higher at close of trade; DAX up 1.12%

Published 07/24/2018, 12:15 PM
Updated 07/24/2018, 12:20 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.12%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Basic Resources, Construction and Technology sectors led shares higher.

At the close in Frankfurt, the DAX added 1.12%, while the MDAX index gained 0.78%, and the TecDAX index added 0.67%.

The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 3.44% or 0.297 points to trade at 8.921 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:VOWG_p) added 2.81% or 4.10 points to end at 150.00 and Heidelbergcement AG O.N. (DE:HEIG) was up 2.66% or 1.840 points to 71.140 in late trade.

The worst performers of the session were E.ON SE NA (DE:EONGn), which fell 1.37% or 0.133 points to trade at 9.550 at the close. RWE AG ST O.N. (DE:RWEG) declined 1.13% or 0.250 points to end at 21.950 and Deutsche Telekom AG Na (DE:DTEGn) was down 0.66% or 0.090 points to 13.605.

The top performers on the MDAX were Puma SE (DE:PUMG) which rose 3.07% to 470.50, Prosiebensat 1 Media AG (DE:PSMGn) which was up 2.88% to settle at 22.8600 and K+S AG NA O.N. (DE:SDFGn) which gained 2.83% to close at 22.150.

The worst performers were Duerr AG (DE:DUEG) which was down 4.36% to 36.850 in late trade, Axel Springer SE (DE:SPRGn) which lost 1.23% to settle at 64.300 and Deutsche Euroshop AG (DE:DEQGn) which was down 0.92% to 30.220 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 5.42% to 34.260, RIB Software AG Na (DE:RIB) which was up 5.06% to settle at 19.920 and Siltronic AG (DE:WAFGn) which gained 4.60% to close at 139.950.

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The worst performers were Isra Vision O.N. (DE:ISRG) which was down 2.44% to 52.00 in late trade, Sartorius AG VZO O.N. (DE:SATG_p) which lost 2.05% to settle at 143.300 and Medigene NA O.N. (DE:MDG1k) which was down 0.71% to 12.510 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 480 to 213 and 84 ended unchanged.

Shares in Duerr AG (DE:DUEG) fell to 52-week lows; falling 4.36% or 1.680 to 36.850.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.00% to 15.08.

Gold Futures for August delivery was down 0.03% or 0.40 to $1225.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.46% or 0.99 to hit $68.88 a barrel, while the September Brent oil contract rose 1.05% or 0.77 to trade at $73.83 a barrel.

EUR/USD was down 0.05% to 1.1686, while EUR/GBP fell 0.39% to 0.8890.

The US Dollar Index Futures was down 0.05% at 94.37.

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