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Germany stocks higher at close of trade; DAX up 1.17%

Published 02/14/2018, 12:15 PM
Updated 02/14/2018, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.17%

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Technology, Utilities and Media sectors led shares higher.

At the close in Frankfurt, the DAX added 1.17%, while the MDAX index climbed 1.38%, and the TecDAX index gained 2.38%.

The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 3.66% or 0.448 points to trade at 12.672 at the close. Meanwhile, RWE AG ST O.N. (DE:RWEG) added 3.25% or 0.510 points to end at 16.185 and Prosiebensat 1 Media AG (DE:PSMGn) was up 3.09% or 0.910 points to 30.380 in late trade.

The worst performers of the session were Thyssenkrupp AG O.N. (DE:TKAG), which fell 0.69% or 0.160 points to trade at 22.940 at the close. Deutsche Telekom AG Na (DE:DTEGn) added 0.42% or 0.055 points to end at 13.070 and Heidelbergcement AG O.N. (DE:HEIG) was up 0.58% or 0.480 points to 82.880.

The top performers on the MDAX were Bilfinger SE O.N. (DE:GBFG) which rose 5.42% to 36.160, Krones AG O.N. (DE:KRNG) which was up 3.83% to settle at 111.200 and Gerresheimer AG (BS:GXId) which gained 3.71% to close at 67.700.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 1.68% to 0.36 in late trade, Norma Group AG NA O.N. (DE:NOEJ) which lost 0.86% to settle at 57.350 and Wacker Chemie O.N. (DE:WCHG) which was down 0.61% to 139.15 at the close.

The top performers on the TecDAX were Aixtron SE (DE:AIXGn) which rose 8.17% to 11.850, Siltronic AG (DE:WAFGn) which was up 7.96% to settle at 116.700 and S&T AG (F:SANT1) which gained 4.76% to close at 20.920.

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The worst performers were GFT Technologies AG (DE:GFTG) which was down 2.40% to 11.370 in late trade, RIB Software AG Na (DE:RIB) which lost 1.65% to settle at 23.800 and Nordex SE O.N. (DE:NDXG) which was down 0.49% to 10.200 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 533 to 206 and 64 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 18.88% to 20.63.

Gold Futures for April delivery was up 1.49% or 19.80 to $1350.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.32% or 0.19 to hit $59.38 a barrel, while the April Brent oil contract rose 0.48% or 0.30 to trade at $63.02 a barrel.

EUR/USD was up 0.30% to 1.2389, while EUR/GBP fell 0.16% to 0.8878.

The US Dollar Index Futures was down 0.36% at 89.28.

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