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Germany stocks higher at close of trade; DAX up 1.71%

Published 12/28/2018, 12:15 PM
Updated 12/28/2018, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.71%

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

At the close in Frankfurt, the DAX added 1.71%, while the MDAX index added 1.35%, and the TecDAX index added 2.08%.

The best performers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 4.32% or 5.500 points to trade at 132.800 at the close. Meanwhile, Linde PLC (DE:LINI) added 3.40% or 4.550 points to end at 138.550 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 3.39% or 0.570 points to 17.365 in late trade.

The worst performers of the session were Fresenius Medical Care KGAA ST (DE:FMEG), which fell 0.74% or 0.420 points to trade at 56.640 at the close. Vonovia SE (DE:VNAn) declined 0.28% or 0.11 points to end at 39.59 and Deutsche Lufthansa AG (DE:LHAG) was up 0.59% or 0.115 points to 19.700.

The top performers on the MDAX were Siltronic AG (DE:WAFGn) which rose 5.52% to 72.200, Commerzbank AG O.N. (DE:CBKG) which was up 4.42% to settle at 5.783 and Evotec AG O.N. (DE:EVTG) which gained 4.39% to close at 17.365.

The worst performers were Zalando SE (DE:ZALG) which was down 2.14% to 22.44 in late trade, Sartorius AG VZO O.N. (DE:SATG_p) which lost 2.07% to settle at 108.900 and Metro AG (DE:CECG) which was down 1.47% to 3.146 at the close.

The top performers on the TecDAX were Heidelberger Druckmaschinen O.N. (DE:HDDG) which rose 6.78% to 1.5910, Sixt AG ST O.N. (DE:SIXG) which was up 6.63% to settle at 69.200 and Xing AG (DE:OBCGn) which gained 5.79% to close at 237.50.

The worst performers were Isra Vision O.N. (DE:ISRG) which was down 2.61% to 24.30 in late trade, Hornbach Holding VZO O.N. (DE:HBH) which lost 1.67% to settle at 41.200 and Metro AG ST O.N. (DE:CECG) which was down 1.47% to 3.146 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 592 to 133 and 49 ended unchanged.

Shares in Fresenius Medical Care KGAA ST (DE:FMEG) fell to 3-years lows; falling 0.74% or 0.420 to 56.640. Shares in Zalando SE (DE:ZALG) fell to 3-years lows; falling 2.14% or 0.49 to 22.44.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.66% to 23.39.

Gold Futures for February delivery was up 0.03% or 0.40 to $1281.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.23% or 0.55 to hit $45.16 a barrel, while the March Brent oil contract rose 0.46% or 0.24 to trade at $52.97 a barrel.

EUR/USD was up 0.10% to 1.1441, while EUR/GBP fell 0.35% to 0.9009.

The US Dollar Index Futures was down 0.07% at 95.938.

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