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Germany stocks higher at close of trade; DAX up 1.22%

Published 07/03/2017, 12:15 PM
Updated 07/03/2017, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.22%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Construction, Basic Resources and Insurance sectors led shares higher.

At the close in Frankfurt, the DAX rose 1.22%, while the MDAX index climbed 1.02%, and the TecDAX index added 0.87%.

The best performers of the session on the DAX were Thyssenkrupp AG O.N. (DE:TKAG), which rose 4.92% or 1.225 points to trade at 26.100 at the close. Meanwhile, Commerzbank AG O.N. (DE:CBKG) added 4.27% or 0.445 points to end at 10.875 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 3.67% or 0.570 points to 16.095 in late trade.

The worst performers of the session were Merck KGaA (DE:MRCG), which fell 0.71% or 0.75 points to trade at 105.00 at the close. Vonovia SE (DE:VNAn) declined 0.68% or 0.23 points to end at 34.53 and SAP SE (DE:SAPG) was down 0.30% or 0.270 points to 91.180.

The top performers on the MDAX were K+S AG NA O.N. (DE:SDFGn) which rose 3.57% to 23.220, Leoni AG (DE:LEOGn) which was up 3.48% to settle at 46.645 and Bilfinger SE O.N. (DE:GBFG) which gained 3.06% to close at 35.350.

The worst performers were LEG Immobilien AG (DE:LEGn) which was down 1.47% to 81.100 in late trade, Fielmann AG (DE:FIEG) which lost 0.84% to settle at 66.970 and Schaeffler AG Pref (DE:SHA_p) which was down 0.68% to 12.46 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 5.53% to 11.350, Wirecard AG (DE:WDIG) which was up 3.02% to settle at 57.400 and CompuGroup Medical AG O.N. (DE:COPMa) which gained 2.32% to close at 50.270.

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The worst performers were Slm Solution G (DE:AM3D) which was down 2.78% to 37.43 in late trade, Jenoptik AG (DE:JENG) which lost 2.46% to settle at 22.400 and Software AG O.N. (DE:SOWG) which was down 0.78% to 38.050 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 538 to 244 and 9 ended unchanged.

Shares in Thyssenkrupp AG O.N. (DE:TKAG) rose to 52-week highs; up 4.92% or 1.225 to 26.100. Shares in Commerzbank AG O.N. (DE:CBKG) rose to 52-week highs; rising 4.27% or 0.445 to 10.875.

The DAX volatility index, which measures the implied volatility of DAX options, was down 17.05% to 13.68.

Gold Futures for August delivery was down 1.52% or 18.85 to $1223.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.56% or 0.72 to hit $46.76 a barrel, while the September Brent oil contract rose 1.33% or 0.65 to trade at $49.42 a barrel.

EUR/USD was down 0.53% to 1.1365, while EUR/GBP rose 0.06% to 0.8775.

The US Dollar Index Futures was up 0.56% at 95.92.

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