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

Published 07/26/2017, 12:15 PM
Updated 07/26/2017, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.33%

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

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

At the close in Frankfurt, the DAX added 0.33%, while the MDAX index added 1.23%, and the TecDAX index added 0.80%.

The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 2.73% or 0.295 points to trade at 11.115 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:VOWG_p) added 1.90% or 2.55 points to end at 136.60 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 1.63% or 0.300 points to 18.700 in late trade.

The worst performers of the session were Merck KGaA (DE:MRCG), which fell 3.35% or 3.30 points to trade at 95.18 at the close. Fresenius SE & Co KGAA O.N. (DE:FREG) declined 0.77% or 0.570 points to end at 73.040 and Daimler AG NA O.N. (DE:DAIGn) was down 0.75% or 0.460 points to 60.600.

The top performers on the MDAX were Kion Group AG (DE:KGX) which rose 7.35% to 73.43, Metro AG (DE:MEOG) which was up 7.13% to settle at 9.885 and Covestro AG (DE:1COV) which gained 3.11% to close at 66.720.

The worst performers were Deutsche Pfandbriefbank AG (DE:PBBG) which was down 0.75% to 11.30 in late trade, Alstria Office Reit-Ag (DE:AOXG) which lost 0.32% to settle at 12.325 and Hochtief AG (DE:HOTG) which was down 0.30% to 151.20 at the close.

The top performers on the TecDAX were Aixtron SE (DE:AIXGn) which rose 6.25% to 7.957, Bechtle AG (DE:BC8G) which was up 3.37% to settle at 60.480 and Dialog Semiconductor (DE:DLGS) which gained 2.95% to close at 39.070.

The worst performers were Evotec AG O.N. (DE:EVTG) which was down 3.00% to 11.800 in late trade, Jenoptik AG (DE:JENG) which lost 1.57% to settle at 23.160 and RIB Software AG Na (DE:RIB) which was down 0.97% to 14.745 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 443 to 322 and 22 ended unchanged.

Shares in Kion Group AG (DE:KGX) rose to all time highs; rising 7.35% or 5.03 to 73.43. Shares in Aixtron SE (DE:AIXGn) rose to 52-week highs; gaining 6.25% or 0.468 to 7.957. Shares in Bechtle AG (DE:BC8G) rose to 52-week highs; rising 3.37% or 1.970 to 60.480.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.94% to 13.39.

Gold Futures for August delivery was down 0.28% or 3.52 to $1248.58 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.61% or 0.77 to hit $48.66 a barrel, while the September Brent oil contract rose 1.39% or 0.70 to trade at $50.90 a barrel.

EUR/USD was down 0.10% to 1.1634, while EUR/GBP fell 0.29% to 0.8915.

The US Dollar Index Futures was up 0.10% at 94.01.

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