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Germany stocks higher at close of trade; DAX up 0.48%

Published 06/16/2017, 12:15 PM
Updated 06/16/2017, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.48%

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

At the close in Frankfurt, the DAX rose 0.48%, while the MDAX index added 0.85%, and the TecDAX index climbed 1.17%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 2.44% or 0.470 points to trade at 19.770 at the close. Meanwhile, RWE AG ST O.N. (DE:RWEG) added 1.95% or 0.385 points to end at 20.160 and Deutsche Telekom AG Na (DE:DTEGn) was up 1.80% or 0.295 points to 16.690 in late trade.

The worst performers of the session were Siemens AG (DE:SIEGn), which fell 0.91% or 1.15 points to trade at 124.55 at the close. Linde AG O.N. (DE:LING) declined 0.90% or 1.60 points to end at 175.25 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 0.79% or 0.120 points to 15.000.

The top performers on the MDAX were MTU Aero Engines NA O.N. (DE:MTXGn) which rose 3.00% to 127.05, Hochtief AG (DE:HOTG) which was up 2.91% to settle at 171.25 and Brenntag AG (DE:BNRGn) which gained 2.20% to close at 51.960.

The worst performers were Aurubis AG (DE:NAFG) which was down 2.06% to 67.370 in late trade, RTL Group SA (DE:RRTL) which lost 1.48% to settle at 67.400 and Salzgitter AG (DE:SZGG) which was down 1.32% to 32.960 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE:MDG1k) which rose 4.77% to 11.420, Evotec AG O.N. (DE:EVTG) which was up 4.42% to settle at 13.705 and Siltronic AG (DE:WAFGn) which gained 3.90% to close at 80.690.

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The worst performers were CompuGroup Medical AG O.N. (DE:COPMa) which was down 2.75% to 50.500 in late trade, Dialog Semiconductor (DE:DLGS) which lost 0.64% to settle at 39.725 and Freenet AG NA (DE:FNTGn) which was down 0.48% to 28.875 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 431 to 303 and 28 ended unchanged.

Shares in RWE AG ST O.N. (DE:RWEG) rose to 52-week highs; gaining 1.95% or 0.385 to 20.160. Shares in Evotec AG O.N. (DE:EVTG) rose to all time highs; gaining 4.42% or 0.580 to 13.705.

The DAX volatility index, which measures the implied volatility of DAX options, was down 8.63% to 13.17.

Gold Futures for August delivery was up 0.17% or 2.09 to $1256.69 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.58% or 0.26 to hit $44.72 a barrel, while the August Brent oil contract rose 0.75% or 0.35 to trade at $47.27 a barrel.

EUR/USD was up 0.40% to 1.1191, while EUR/GBP rose 0.19% to 0.8753.

The US Dollar Index Futures was down 0.34% at 97.17.

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