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Germany stocks higher at close of trade; DAX up 1.13%

Published 03/19/2019, 02:15 PM
Updated 03/19/2019, 02:15 PM
© Reuters. Germany stocks higher at close of trade; DAX up 1.13%

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

At the close in Frankfurt, the DAX added 1.13% to hit a new 3-months high, while the MDAX index gained 0.69%, and the TecDAX index added 1.60%.

The best performers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 3.54% or 3.800 points to trade at 111.100 at the close. Meanwhile, Daimler AG NA O.N. (DE:DAIGn) added 3.44% or 1.760 points to end at 52.860 and Bayer AG NA (DE:BAYGN) was up 2.45% or 1.67 points to 69.70 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 1.45% or 0.118 points to trade at 8.022 at the close. RWE AG ST O.N. (DE:RWEG) declined 0.75% or 0.170 points to end at 22.380 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was down 0.16% or 0.14 points to 89.00.

The top performers on the MDAX were Bechtle AG (DE:BC8G) which rose 5.89% to 81.850, Jungheinrich AG O.N.VZO (DE:JUNG_p) which was up 3.55% to settle at 27.400 and Lanxess AG (DE:LXSG) which gained 3.36% to close at 51.420.

The worst performers were Commerzbank AG O.N. (DE:CBKG) which was down 3.28% to 7.411 in late trade, Talanx AG NA O.N. (DE:TLXGn) which lost 1.19% to settle at 34.780 and Wacker Chemie O.N. (DE:WCHG) which was down 0.74% to 86.36 at the close.

The top performers on the TecDAX were Bechtle AG (DE:BC8G) which rose 5.89% to 81.850, Aixtron SE NA O.N. (DE:AIXGn) which was up 5.30% to settle at 8.3100 and CompuGroup Medical AG O.N. (DE:COPMa) which gained 4.54% to close at 54.100.

The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 1.56% to 6.30 in late trade, SMA Solar Technology AG (DE:S92G) which lost 0.52% to settle at 23.080 and Software AG (DE:SOWGn) which was down 0.38% to 31.100 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 502 to 220 and 59 ended unchanged.

Shares in SLM Solutions Group AG (DE:AM3D) fell to all time lows; losing 1.56% or 0.10 to 6.30. Shares in CompuGroup Medical AG O.N. (DE:COPMa) rose to 52-week highs; up 4.54% or 2.350 to 54.100.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.42% to 13.33 a new 6-months low.

Gold Futures for April delivery was up 0.45% or 5.85 to $1307.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.35% or 0.21 to hit $59.17 a barrel, while the May Brent oil contract fell 0.01% or 0.01 to trade at $67.53 a barrel.

EUR/USD was up 0.17% to 1.1356, while EUR/GBP rose 0.05% to 0.8554.

The US Dollar Index Futures was down 0.17% at 95.817.

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