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Germany stocks higher at close of trade; DAX up 1.27%

Published 10/10/2016, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.27%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Basic Resources, Pharmaceuticals & Healthcare and Media sectors led shares higher.

At the close in Frankfurt, the DAX added 1.27%, while the MDAX index climbed 0.94%, and the TecDAX index gained 1.04%.

The best performers of the session on the DAX were Prosiebensat 1 Media AG (DE:PSMGn), which rose 3.44% or 1.275 points to trade at 38.320 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 3.39% or 0.410 points to end at 12.500 and Thyssenkrupp AG O.N. (DE:TKAG) was up 2.82% or 0.615 points to 22.440 in late trade.

The worst performers of the session were RWE AG ST O.N. (DE:RWEG), which fell 0.26% or 0.035 points to trade at 13.360 at the close. Commerzbank AG O.N. (DE:CBKG) declined 0.05% or 0.003 points to end at 5.686 and Deutsche Boerse AG (DE:DB1Gn) was up 0.07% or 0.050 points to 68.620.

The top performers on the MDAX were Salzgitter AG (DE:SZGG) which rose 4.38% to 32.270, Hannover Rueck SE (DE:HNRGn) which was up 2.55% to settle at 95.010 and Covestro AG (DE:1COV) which gained 2.48% to close at 52.570.

The worst performers were Osram Licht AG (F:OSRn) which was down 1.72% to 56.907 in late trade, Stroeer SE (DE:SAXG) which lost 0.49% to settle at 37.715 and DMG Mori AG (DE:GILG) which was down 0.35% to 43.635 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 6.95% to 58.510, Sartorius AG VZO O.N. (DE:SATG_p) which was up 2.65% to settle at 76.600 and Dialog Semiconductor (DE:DLGS) which gained 2.33% to close at 38.925.

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The worst performers were Drillisch AG (DE:DRIG) which was down 0.79% to 41.455 in late trade, Bechtle AG (DE:BC8G) which lost 0.69% to settle at 100.850 and Wirecard AG (DE:WDIG) which was down 0.66% to 44.325 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 636 to 245 and 26 ended unchanged.

Shares in Thyssenkrupp AG O.N. (DE:TKAG) rose to 52-week highs; rising 2.82% or 0.615 to 22.440. Shares in Salzgitter AG (DE:SZGG) rose to 52-week highs; rising 4.38% or 1.355 to 32.270. Shares in Nemetschek AG O.N. (DE:NEKG) rose to all time highs; up 6.95% or 3.800 to 58.510.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.46% to 18.77.

Gold for December delivery was up 0.70% or 8.75 to $1260.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 2.81% or 1.40 to hit $51.21 a barrel, while the December Brent oil contract rose 2.29% or 1.19 to trade at $53.12 a barrel.

EUR/USD was down 0.41% to 1.1155, while EUR/GBP fell 0.02% to 0.9005.

The US Dollar Index was up 0.28% at 96.79.

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