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Germany stocks higher at close of trade; DAX up 0.33%

Published 12/20/2016, 12:15 PM
Updated 12/20/2016, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.33%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Utilities, Insurance and Media sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.33% to hit a new 52-week high, while the MDAX index gained 0.30%, and the TecDAX index gained 0.22%.

The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 3.26% or 0.570 points to trade at 18.075 at the close. Meanwhile, Commerzbank AG O.N. (DE:CBKG) added 2.34% or 0.175 points to end at 7.639 and E.ON SE NA (DE:EONGn) was up 2.06% or 0.135 points to 6.700 in late trade.

The worst performers of the session were Linde AG O.N. (DE:LING), which fell 4.00% or 6.550 points to trade at 157.000 at the close. Heidelbergcement AG O.N. (DE:HEIG) declined 0.79% or 0.690 points to end at 86.680 and Siemens AG (DE:SIEGn) was down 0.61% or 0.700 points to 114.400.

The top performers on the MDAX were RTL Group SA (DE:RRTL) which rose 3.39% to 69.280, Wacker Chemie O.N. (DE:WCHG) which was up 3.15% to settle at 96.360 and Bilfinger SE O.N. (DE:GBFG) which gained 2.78% to close at 36.070.

The worst performers were Fraport AG (DE:FRAG) which was down 2.35% to 55.630 in late trade, Deutsche Euroshop AG (DE:DEQGn) which lost 0.68% to settle at 37.940 and STADA Arzneimittel VNA O.N. (DE:STAGn) which was down 0.66% to 49.020 at the close.

The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 2.67% to 44.660, Morphosys AG O.N. (DE:MORG) which was up 2.03% to settle at 48.210 and Wirecard AG (DE:WDIG) which gained 1.81% to close at 41.050.

The worst performers were S&T AG (F:SANT1) which was down 2.72% to 8.250 in late trade, RIB Software AG Na (DE:RIB) which lost 1.64% to settle at 12.590 and Cancom SE O.N. (DE:COKG) which was down 1.60% to 43.550 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 444 to 311 and 27 ended unchanged.

Shares in Wacker Chemie O.N. (DE:WCHG) rose to 52-week highs; gaining 3.15% or 2.940 to 96.360. Shares in Siltronic AG (DE:WAFGn) rose to all time highs; rising 2.67% or 1.160 to 44.660.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.45% to 14.94.

Gold for February delivery was down 0.90% or 10.25 to $1132.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.57% or 0.30 to hit $53.36 a barrel, while the February Brent oil contract rose 0.95% or 0.52 to trade at $55.44 a barrel.

EUR/USD was down 0.10% to 1.0392, while EUR/GBP rose 0.24% to 0.8409.

The US Dollar Index was up 0.20% at 103.28.

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