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Germany stocks higher at close of trade; DAX up 0.29%

Published 05/15/2017, 12:15 PM
Updated 05/15/2017, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.29%

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

At the close in Frankfurt, the DAX gained 0.29% to hit a new all time high, while the MDAX index climbed 0.43%, and the TecDAX index added 0.71%.

The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 3.91% or 0.610 points to trade at 16.205 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 2.73% or 0.520 points to end at 19.560 and Commerzbank AG O.N. (DE:CBKG) was up 2.67% or 0.253 points to 9.712 in late trade.

The worst performers of the session were Prosiebensat 1 Media AG (DE:PSMGn), which fell 5.07% or 1.990 points to trade at 37.265 at the close. Fresenius SE & Co KGAA O.N. (DE:FREG) declined 1.53% or 1.220 points to end at 78.270 and BASF SE NA O.N. (DE:BASFN) was down 1.35% or 1.210 points to 88.350.

The top performers on the MDAX were Aurubis AG (DE:NAFG) which rose 5.66% to 66.050, K+S AG NA O.N. (DE:SDFGn) which was up 4.63% to settle at 23.280 and Salzgitter AG (DE:SZGG) which gained 3.59% to close at 33.065.

The worst performers were Norma Group AG NA O.N. (DE:NOEJ) which was down 1.41% to 49.000 in late trade, Uniper SE (DE:UN01) which lost 1.37% to settle at 16.200 and Krones AG O.N. (DE:KRNG) which was down 1.29% to 110.750 at the close.

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The top performers on the TecDAX were Drillisch AG (DE:DRIG) which rose 6.07% to 57.450, Jenoptik AG (DE:JENG) which was up 3.81% to settle at 25.445 and Dialog Semiconductor (DE:DLGS) which gained 3.44% to close at 45.505.

The worst performers were United Internet AG NA (DE:UTDI) which was down 1.21% to 48.100 in late trade, Bechtle AG (DE:BC8G) which lost 0.83% to settle at 108.000 and RIB Software AG Na (DE:RIB) which was down 0.80% to 14.190 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 449 to 297 and 21 ended unchanged.

Shares in RWE AG ST O.N. (DE:RWEG) rose to 52-week highs; gaining 3.91% or 0.610 to 16.205. Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; up 2.73% or 0.520 to 19.560. Shares in Commerzbank AG O.N. (DE:CBKG) rose to 52-week highs; rising 2.67% or 0.253 to 9.712. Shares in Aurubis AG (DE:NAFG) rose to all time highs; rising 5.66% or 3.540 to 66.050. Shares in Drillisch AG (DE:DRIG) rose to all time highs; gaining 6.07% or 3.290 to 57.450.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.90% to 12.63.

Gold Futures for June delivery was up 0.29% or 3.61 to $1231.31 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.80% or 1.34 to hit $49.18 a barrel, while the July Brent oil contract rose 2.52% or 1.28 to trade at $52.12 a barrel.

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EUR/USD was up 0.41% to 1.0977, while EUR/GBP rose 0.27% to 0.8501.

The US Dollar Index Futures was down 0.27% at 98.78.

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