Breaking News
Ad-Free Version. Upgrade your experience. Save up to 40% More details

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

Stock MarketsMay 29, 2017 12:15PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
© Reuters. Germany stocks higher at close of trade; DAX up 0.21% – Germany stocks were higher after the close on Monday, as gains in the Media, Chemicals and Insurance sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.21%, while the MDAX index gained 0.29%, and the TecDAX index climbed 0.02%.

The best performers of the session on the DAX were BASF SE NA O.N. (DE:BASFN), which rose 1.00% or 0.840 points to trade at 84.700 at the close. Meanwhile, Muench. Rueckvers. VNA O.N. (DE:MUVGn) added 0.90% or 1.55 points to end at 174.15 and Prosiebensat 1 Media AG (DE:PSMGn) was up 0.68% or 0.260 points to 38.265 in late trade.

The worst performers of the session were Volkswagen AG VZO O.N. (DE:VOWG_p), which fell 0.47% or 0.65 points to trade at 137.30 at the close. Fresenius Medical Care KGAA ST (DE:FMEG) declined 0.45% or 0.380 points to end at 83.200 and Lufthansa AG VNA O.N. (DE:LHAG) was down 0.41% or 0.070 points to 17.020.

The top performers on the MDAX were Lanxess AG (DE:LXSG) which rose 6.67% to 67.480, Deutsche Pfandbriefbank AG (DE:PBBG) which was up 2.87% to settle at 12.88 and Hugo Boss AG NA O.N. (DE:BOSSn) which gained 1.88% to close at 66.730.

The worst performers were Aurubis AG (DE:NAFG) which was down 1.89% to 68.990 in late trade, Hella KGaA Hueck & Co (DE:HLE) which lost 1.17% to settle at 45.45 and Zalando SE (DE:ZALG) which was down 0.80% to 42.28 at the close.

The top performers on the TecDAX were Pfeiffer Vacuum Technology O.N. (DE:PV) which rose 1.88% to 127.15, SMA Solar Technology AG (DE:S92G) which was up 1.88% to settle at 24.680 and GFT Technologies AG (DE:GFTG) which gained 1.00% to close at 20.665.

The worst performers were Xing AG (DE:OBCGn) which was down 1.67% to 229.60 in late trade, Jenoptik AG (DE:JENG) which lost 1.42% to settle at 24.980 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 0.87% to 102.500 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 417 to 313 and 31 ended unchanged.

Shares in Deutsche Pfandbriefbank AG (DE:PBBG) rose to all time highs; gaining 2.87% or 0.36 to 12.88. Shares in Pfeiffer Vacuum Technology O.N. (DE:PV) rose to all time highs; gaining 1.88% or 2.35 to 127.15.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.26% to 13.60.

Gold Futures for June delivery was down 0.12% or 1.50 to $1266.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.78% or 0.39 to hit $50.19 a barrel, while the August Brent oil contract rose 0.63% or 0.33 to trade at $52.84 a barrel.

EUR/USD was down 0.01% to 1.1180, while EUR/GBP fell 0.34% to 0.8702.

The US Dollar Index Futures was down 0.05% at 97.28.

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

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email