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Germany stocks higher at close of trade; DAX up 1.50%

Published 10/15/2015, 12:15 PM
Updated 10/15/2015, 12:15 PM
Germany stocks higher at close of trade; DAX up 1.50%

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

At the close in Frankfurt, the DAX gained 1.50%, while the MDAX index gained 0.57%, and the TecDAX index added 2.19%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 5.06% or 0.535 points to trade at 11.105 at the close. Meanwhile, Deutsche Boerse NA O.N. (DE:DB1Gn) added 4.55% or 3.450 points to end at 79.310 and Fresenius SE & Co KGAA O.N. (DE:FREG) was up 3.93% or 2.230 points to 58.990 in late trade.

The worst performers of the session were Volkswagen AG VZO O.N. (DE:VOWG_p), which fell 3.56% or 3.800 points to trade at 102.800 at the close. RWE AG ST O.N. (DE:RWEG) declined 3.48% or 0.440 points to end at 12.195 and E.ON SE NA (DE:EONGn) was down 0.74% or 0.070 points to 9.346.

The top performers on the MDAX were Prosiebensat 1 Media AG (DE:PSMGn) which rose 3.33% to 45.500, Aurubis AG (DE:NAFG) which was up 2.87% to settle at 60.880 and Wincor Nixdorf O.N. (DE:WING) which gained 2.87% to close at 38.710.

The worst performers were Hugo Boss AG NA O.N. (DE:BOSSn) which was down 1.64% to 102.200 in late trade, Kloeckner & Co SE NA (DE:KCOGn) which lost 1.58% to settle at 8.055 and Gerry Weber Internat.O.N. (DE:GWIG) which was down 1.56% to 15.100 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE:ADAG) which rose 6.45% to 10.725, BB Biotech AG (DE:BIONn) which was up 6.24% to settle at 234.150 and Kontron AG O.N. (DE:KBCG) which gained 5.72% to close at 2.994.

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The worst performers were Draegerwerk VZO O.N. (DE:DRWG_p) which was down 0.88% to 59.470 in late trade, LPKF Laser & Electronics (DE:LPKG) which lost 0.23% to settle at 8.231 and SMA Solar Technology AG (DE:S92G) which was down 0.22% to 38.200 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 473 to 201 and 39 ended unchanged.

Shares in Aurubis AG (DE:NAFG) rose to all time highs; gaining 2.87% or 1.700 to 60.880. Shares in Adva Optical Networking SE (DE:ADAG) rose to all time highs; up 6.45% or 0.650 to 10.725. Shares in Draegerwerk VZO O.N. (DE:DRWG_p) fell to 3-years lows; down 0.88% or 0.530 to 59.470.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.92% to 21.28.

Gold for December delivery was up 0.69% or 8.10 to $1187.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 1.84% or 0.86 to hit $45.78 a barrel, while the December Brent oil contract fell 0.82% or 0.41 to trade at $49.28 a barrel.

EUR/USD was down 0.58% to 1.1407, while EUR/GBP fell 0.65% to 0.7365.

The US Dollar Index was up 0.32% at 94.29.

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