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Germany stocks higher at close of trade; DAX up 1.26%

Stock MarketsAug 14, 2017 12:15PM ET
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© Reuters. Germany stocks higher at close of trade; DAX up 1.26%

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

At the close in Frankfurt, the DAX rose 1.26%, while the MDAX index added 1.23%, and the TecDAX index added 1.73%.

The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 3.44% or 0.370 points to trade at 11.120 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 3.09% or 0.440 points to end at 14.660 and Prosiebensat 1 Media AG (DE:PSMGn) was up 2.52% or 0.855 points to 34.800 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which rose 0.13% or 0.25 points to trade at 189.90 at the close. Lufthansa AG VNA O.N. (DE:LHAG) added 0.28% or 0.055 points to end at 19.660 and Bayerische Motoren Werke AG (DE:BMWG) was up 0.31% or 0.250 points to 80.200.

The top performers on the MDAX were Deutsche Pfandbriefbank AG (DE:PBBG) which rose 3.89% to 11.49, Stroeer SE (DE:SAXG) which was up 3.05% to settle at 58.050 and Schaeffler AG Pref (DE:SHA_p) which gained 2.52% to close at 11.79.

The worst performers were CTS Eventim AG (DE:EVDG) which was down 0.09% to 38.210 in late trade, Lanxess AG (DE:LXSG) which lost 0.05% to settle at 63.600 and Talanx AG NA O.N. (DE:TLXGn) which was up 0.18% to 33.720 at the close.

The top performers on the TecDAX were Cancom SE O.N. (DE:COKG) which rose 4.78% to 57.260, Medigene NA O.N. (DE:MDG1k) which was up 4.36% to settle at 9.281 and Aixtron SE (DE:AIXGn) which gained 3.97% to close at 7.070.

The worst performers were Jenoptik AG (DE:JENG) which was up 0.04% to 23.290 in late trade, CompuGroup Medical AG O.N. (DE:COPMa) which gained 0.60% to settle at 48.290 and SMA Solar Technology AG (DE:S92G) which was up 0.60% to 34.320 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 621 to 150 and 16 ended unchanged.

Shares in Cancom SE O.N. (DE:COKG) rose to all time highs; up 4.78% or 2.610 to 57.260.

The DAX volatility index, which measures the implied volatility of DAX options, was down 14.84% to 14.89.

Gold Futures for December delivery was down 0.33% or 4.33 to $1289.67 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.27% or 0.62 to hit $48.20 a barrel, while the October Brent oil contract fell 1.48% or 0.77 to trade at $51.33 a barrel.

EUR/USD was down 0.39% to 1.1776, while EUR/GBP fell 0.13% to 0.9075.

The US Dollar Index Futures was up 0.34% at 93.31.

Germany stocks higher at close of trade; DAX up 1.26%
 

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