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Germany stocks higher at close of trade; DAX up 0.23%

Published 10/08/2015, 12:15 PM
Updated 10/08/2015, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.23%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Transportation & Logistics, Media and Construction sectors led shares higher.

At the close in Frankfurt, the DAX added 0.23%, while the MDAX index climbed 0.82%, and the TecDAX index added 0.31%.

The best performers of the session on the DAX were Lufthansa AG VNA O.N. (XETRA:LHAG), which rose 4.21% or 0.555 points to trade at 13.740 at the close. Meanwhile, K+S AG NA O.N. (XETRA:SDFGn) added 3.29% or 0.780 points to end at 24.460 and Fresenius Medical Care KGAA ST (XETRA:FMEG) was up 2.04% or 1.460 points to 72.970 in late trade.

The worst performers of the session were Bayer AG NA (XETRA:BAYGN), which fell 1.80% or 2.050 points to trade at 112.000 at the close. Deutsche Bank AG NA O.N. (XETRA:DBKGn) declined 1.77% or 0.450 points to end at 25.030 and Deutsche Telekom AG Na (XETRA:DTEGn) was down 1.20% or 0.185 points to 15.260.

The top performers on the MDAX were Wincor Nixdorf O.N. (XETRA:WING) which rose 6.11% to 38.020, Gerry Weber Internat.O.N. (XETRA:GWIG) which was up 5.40% to settle at 15.315 and Elringklinger AG NA O.N. (XETRA:ZILGn) which gained 3.83% to close at 19.240.

The worst performers were Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) which was down 4.03% to 15.700 in late trade, Rheinmetall AG (XETRA:RHMG) which lost 1.81% to settle at 56.500 and Aareal Bank AG (XETRA:ARLG) which was down 1.52% to 32.480 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (XETRA:S92G) which rose 9.22% to 41.500, Aixtron SE NA O.N. (XETRA:AIXGn) which was up 7.69% to settle at 5.786 and LPKF Laser & Electronics (XETRA:LPKG) which gained 4.45% to close at 8.726.

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The worst performers were STRATEC Biomedical AG (XETRA:SBSG) which was down 3.04% to 51.310 in late trade, BB Biotech AG (XETRA:BIONn) which lost 2.90% to settle at 234.300 and Sartorius AG VZO O.N. (XETRA:SATG_p) which was down 1.31% to 184.850 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 399 to 280 and 35 ended unchanged.

Shares in SMA Solar Technology AG (XETRA:S92G) rose to 52-week highs; gaining 9.22% or 3.505 to 41.500.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.09% to 22.51 a new 1-month low.

Gold for December delivery was down 0.49% or 5.60 to $1143.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 3.18% or 1.52 to hit $49.33 a barrel, while the November Brent oil contract rose 3.11% or 1.59 to trade at $52.92 a barrel.

EUR/USD was up 0.34% to 1.1276, while EUR/GBP rose 0.35% to 0.7362.

The US Dollar Index was down 0.22% at 95.44.

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