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Germany stocks higher at close of trade; DAX up 1.46%

Published 01/04/2018, 12:15 PM
Updated 01/04/2018, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.46%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Chemicals, Industrials and Construction sectors led shares higher.

At the close in Frankfurt, the DAX rose 1.46%, while the MDAX index climbed 1.35%, and the TecDAX index climbed 0.98%.

The best performers of the session on the DAX were Linde AG O.N. (DE:LING), which rose 3.07% or 5.55 points to trade at 186.05 at the close. Meanwhile, Siemens AG Class N (DE:SIEGn) added 2.73% or 3.18 points to end at 119.66 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 2.65% or 0.422 points to 16.332 in late trade.

The worst performers of the session were Deutsche Lufthansa AG (DE:LHAG), which fell 0.58% or 0.180 points to trade at 30.720 at the close. Vonovia SE (DE:VNAn) declined 0.19% or 0.08 points to end at 41.75 and Merck KGaA (DE:MRCG) was down 0.18% or 0.16 points to 90.70.

The top performers on the MDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 21.91% to 0.56, CTS Eventim AG (DE:EVDG) which was up 2.96% to settle at 39.660 and Jungheinrich AG O.N.VZO (DE:JUNG_p) which gained 2.68% to close at 40.620.

The worst performers were STADA Arzneimittel VNA O.N. (DE:STAGn) which was down 1.12% to 88.460 in late trade, Deutsche Euroshop AG (DE:DEQGn) which lost 1.06% to settle at 33.540 and Salzgitter AG (DE:SZGG) which was down 0.82% to 48.470 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE:ADAG) which rose 11.61% to 6.875, Aixtron SE (DE:AIXGn) which was up 5.21% to settle at 13.325 and Slm Solution G (DE:AM3D) which gained 4.26% to close at 49.00.

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The worst performers were RIB Software AG Na (DE:RIB) which was down 2.42% to 26.640 in late trade, SMA Solar Technology AG (DE:S92G) which lost 1.34% to settle at 38.180 and Medigene NA O.N. (DE:MDG1k) which was down 1.31% to 12.820 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 530 to 215 and 72 ended unchanged.

Shares in Slm Solution G (DE:AM3D) rose to all time highs; gaining 4.26% or 2.00 to 49.00.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.19% to 12.23.

Gold Futures for February delivery was up 0.09% or 1.20 to $1319.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.73% or 0.45 to hit $62.08 a barrel, while the March Brent oil contract rose 0.24% or 0.16 to trade at $68.00 a barrel.

EUR/USD was up 0.40% to 1.2064, while EUR/GBP rose 0.24% to 0.8911.

The US Dollar Index Futures was down 0.25% at 91.66.

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