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Germany stocks higher at close of trade; DAX up 0.21%

Published 04/04/2017, 12:15 PM
Updated 04/04/2017, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.21%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Consumer & Cyclical, Financial Services and Insurance sectors led shares higher.

At the close in Frankfurt, the DAX added 0.21%, while the MDAX index gained 0.31%, and the TecDAX index gained 0.53%.

The best performers of the session on the DAX were Henkel & Co KGaA AG Pref (DE:HNKG_p), which rose 1.37% or 1.65 points to trade at 122.50 at the close. Meanwhile, Linde AG O.N. (DE:LING) added 1.30% or 2.05 points to end at 159.35 and Lufthansa AG VNA O.N. (DE:LHAG) was up 1.05% or 0.160 points to 15.360 in late trade.

The worst performers of the session were E.ON SE NA (DE:EONGn), which fell 1.27% or 0.094 points to trade at 7.305 at the close. Commerzbank AG O.N. (DE:CBKG) declined 1.20% or 0.100 points to end at 8.266 and Volkswagen AG VZO O.N. (DE:VOWG_p) was down 1.11% or 1.50 points to 134.20.

The top performers on the MDAX were Zalando SE (DE:ZALG) which rose 3.59% to 39.57, Covestro AG (DE:1COV) which was up 2.25% to settle at 74.640 and Hugo Boss AG NA O.N. (DE:BOSSn) which gained 1.51% to close at 69.200.

The worst performers were Suedzucker AG (DE:SZUG) which was down 8.18% to 21.315 in late trade, Schaeffler AG Pref (DE:SHA_p) which lost 2.07% to settle at 15.88 and Stroeer SE (DE:SAXG) which was down 1.81% to 51.550 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE:MDG1k) which rose 4.96% to 11.855, Carl Zeiss Meditec AG (DE:AFXG) which was up 2.96% to settle at 40.810 and Xing AG (DE:OBCGn) which gained 2.44% to close at 195.55.

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The worst performers were CompuGroup Medical AG O.N. (DE:COPMa) which was down 2.48% to 40.850 in late trade, Adva Optical Networking SE (DE:ADAG) which lost 1.64% to settle at 10.205 and Qiagen NV (DE:QGEN) which was down 0.86% to 26.975 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 382 to 361 and 25 ended unchanged.

Shares in Lufthansa AG VNA O.N. (DE:LHAG) rose to 52-week highs; up 1.05% or 0.160 to 15.360. Shares in Covestro AG (DE:1COV) rose to all time highs; gaining 2.25% or 1.640 to 74.640. Shares in Hugo Boss AG NA O.N. (DE:BOSSn) rose to 52-week highs; gaining 1.51% or 1.030 to 69.200.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.62% to 16.24.

Gold Futures for June delivery was up 0.26% or 3.25 to $1257.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.73% or 0.87 to hit $51.11 a barrel, while the June Brent oil contract rose 2.03% or 1.08 to trade at $54.20 a barrel.

EUR/USD was down 0.08% to 1.0661, while EUR/GBP rose 0.39% to 0.8577.

The US Dollar Index Futures was up 0.14% at 100.50.

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