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

Stock Markets Feb 05, 2019 12:15PM ET
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© Reuters. Germany stocks higher at close of trade; DAX up 1.71%
 
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Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Retail, Software and Consumer & Cyclical sectors led shares higher.

At the close in Frankfurt, the DAX added 1.71% to hit a new 1-month high, while the MDAX index added 1.31%, and the TecDAX index climbed 2.12%.

The best performers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 7.34% or 9.025 points to trade at 131.975 at the close. Meanwhile, Fresenius Medical Care KGAA ST (DE:FMEG) added 3.68% or 2.360 points to end at 66.440 and Covestro AG (DE:1COV) was up 3.55% or 1.730 points to 50.520 in late trade.

The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 0.64% or 0.125 points to trade at 19.275 at the close. Thyssenkrupp AG O.N. (DE:TKAG) declined 0.23% or 0.035 points to end at 15.520 and Deutsche Boerse AG (DE:DB1Gn) was up 0.17% or 0.200 points to 115.800.

The top performers on the MDAX were Delivery Hero AG (DE:DHER) which rose 6.49% to 34.48, Bechtle AG (DE:BC8G) which was up 5.78% to settle at 75.000 and Software AG (DE:SOWGn) which gained 4.30% to close at 34.200.

The worst performers were Salzgitter AG (DE:SZGG) which was down 8.71% to 24.110 in late trade, Deutsche Euroshop AG (DE:DEQGn) which lost 1.46% to settle at 27.020 and Grand City Properties SA (DE:GYC) which was down 1.18% to 21.70 at the close.

The top performers on the TecDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 0.00% to 0.12, Aixtron SE NA O.N. (DE:AIXGn) which was up 4.82% to settle at 9.3940 and Bertrandt AG (DE:BDTG) which gained 4.14% to close at 77.900.

The worst performers were Stabilus (DE:STAB) which was down 2.92% to 47.24 in late trade, Pfeiffer Vacuum Technology O.N. (DE:PV) which lost 1.80% to settle at 119.80 and Isra Vision O.N. (DE:ISRG) which was down 1.20% to 28.85 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 500 to 207 and 75 ended unchanged.

Shares in Salzgitter AG (DE:SZGG) fell to 52-week lows; falling 8.71% or 2.300 to 24.110. Shares in Stabilus (DE:STAB) fell to 52-week lows; down 2.92% or 1.42 to 47.24.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.35% to 15.38 a new 3-months low.

Gold Futures for April delivery was down 0.10% or 1.35 to $1317.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.23% or 0.67 to hit $53.89 a barrel, while the April Brent oil contract fell 0.45% or 0.28 to trade at $62.23 a barrel.

EUR/USD was down 0.26% to 1.1405, while EUR/GBP rose 0.39% to 0.8806.

The US Dollar Index Futures was up 0.28% at 95.833.

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

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Leslie liwenshu Lee
Leslie liwenshu Lee Feb 06, 2019 2:17AM ET
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Index futures strong gains.
 
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