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Germany stocks higher at close of trade; DAX up 1.26%

Published 05/27/2015, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.26%
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Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Construction, Technology and Transportation & Logistics sectors led shares higher.

At the close in Frankfurt, the DAX gained 1.26%, while the MDAX index climbed 1.26%, and the TecDAX index gained 0.48%.

The best performers of the session on the DAX were K & S AG NA O.N. (XETRA:SDFGN), which rose 3.63% or 1.085 points to trade at 30.945 at the close. Meanwhile, Beiersdorf AG O.N. (XETRA:BEIG) added 2.60% or 2.130 points to end at 83.900 and Heidelbergcement AG O.N. (XETRA:HEIG) was up 2.30% or 1.710 points to 76.150 in late trade.

The worst performers of the session were Adidas AG NA O.N. (XETRA:ADSGN), which rose 0.11% or 0.080 points to trade at 73.760 at the close. Muench. Rueckvers. VNA O.N. (XETRA:MUVGn) added 0.14% or 0.250 points to end at 173.500 and Fresenius Medical Care KGAA ST (XETRA:FMEG) was up 0.28% or 0.220 points to 77.600.

The top performers on the MDAX were Duerr AG O.N. (XETRA:DUEG) which rose 3.20% to 94.260, Hochtief AG (XETRA:HOTG) which was up 3.04% to settle at 71.530 and Rheinmetall AG (XETRA:RHMG) which gained 2.75% to close at 50.000.

The worst performers were Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) which was down 2.81% to 14.180 in late trade, Bilfinger SE O.N. (XETRA:GBFG) which lost 0.74% to settle at 39.810 and Kabel Deutschland Holding AG O.N. (XETRA:KD8Gn) which was down 0.45% to 122.150 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (XETRA:ADAG) which rose 4.60% to 6.339, Xing AG (XETRA:OBCGn) which was up 4.16% to settle at 172.800 and Dialog Semiconductor (XETRA:DLGS) which gained 3.88% to close at 50.840.

The worst performers were SMA Solar Technology AG (XETRA:S92G) which was down 3.85% to 17.210 in late trade, Wirecard AG (XETRA:WDIG) which lost 3.72% to settle at 36.930 and Carl Zeiss Meditec AG (XETRA:AFXG) which was down 1.16% to 21.745 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 478 to 262 and 35 ended unchanged.

Shares in Beiersdorf AG O.N. (XETRA:BEIG) rose to all time highs; up 2.60% or 2.130 to 83.900. Shares in Adva Optical Networking SE (XETRA:ADAG) rose to 3-years highs; gaining 4.60% or 0.279 to 6.339. Shares in Xing AG (XETRA:OBCGn) rose to all time highs; up 4.16% or 6.900 to 172.800. Shares in Dialog Semiconductor (XETRA:DLGS) rose to all time highs; rising 3.88% or 1.900 to 50.840.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.68% to 20.32.

Gold for August delivery was down 0.08% or 1.00 to $1186.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.10% or 0.06 to hit $57.97 a barrel, while the July Brent oil contract fell 1.40% or 0.90 to trade at $62.83 a barrel.

EUR/USD was up 0.12% to 1.0885, while EUR/GBP rose 0.48% to 0.7102.

The US Dollar Index was up 0.12% at 97.50.

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