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Germany stocks higher at close of trade

Published 02/03/2015, 12:15 PM
© Reuters.  Germany stocks higher at close of trade
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Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Food & Beverage, Retail and Technology sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.58% to hit a new all time high, while the MDAX index gained 0.59%, and the TecDAX index gained 0.46%.

The best performers of the session on the DAX were Commerzbank AG O.N. (XETRA:CBKG), which rose 3.43% or 0.370 points to trade at 11.155 at the close. Meanwhile, Deutsche Bank AG NA O.N. (XETRA:DBKGn) added 3.24% or 0.855 points to end at 27.220 and Thyssenkrupp AG O.N. (XETRA:TKAG) was up 2.51% or 0.570 points to 23.290 in late trade.

The worst performers of the session were RWE AG ST O.N. (XETRA:RWEG), which fell 4.55% or 1.140 points to trade at 23.905 at the close. E.ON SE NA (XETRA:EONGn) declined 3.92% or 0.545 points to end at 13.375 and Lufthansa AG VNA O.N. (XETRA:LHAG) was down 2.40% or 0.350 points to 14.205.

The top performers on the MDAX were Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) which rose 15.65% to 13.005, Bilfinger SE O.N. (XETRA:GBFG) which was up 6.70% to settle at 50.420 and Metro AG ST O.N. (XETRA:MEOG) which gained 4.20% to close at 29.155.

The worst performers were Symrise AG Inh. O.N. (XETRA:SY1G) which was down 3.84% to 55.560 in late trade, Fielmann AG O.N. (XETRA:FIEG) which lost 1.56% to settle at 59.220 and Tui AG NA (XETRA:TUIGn) which was down 1.09% to 15.360 at the close.

The top performers on the TecDAX were Carl Zeiss Meditec AG (XETRA:AFXG) which rose 3.50% to 23.985, Aixtron SE NA O.N. (XETRA:AIXGn) which was up 2.48% to settle at 6.534 and Freenet AG NA (XETRA:FNTGN) which gained 2.36% to close at 26.650.

The worst performers were PSI AG F.Pr.U.Sys. NA (XETRA:PSAGn) which was down 3.29% to 12.040 in late trade, Qiagen NV (XETRA:QGEN) which lost 1.98% to settle at 19.835 and BB Biotech AG (XETRA:BIONn) which was down 1.32% to 243.850 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 503 to 231 and 17 ended unchanged.

Shares in Aixtron SE NA O.N. (XETRA:AIXGn) rose to 5-year lows; up 2.48% or 0.158 to 6.534.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.96% to 20.65.

Gold for April delivery was down 1.32% or 16.80 to $1260.10 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in March rose 2.72% or 1.35 to hit $50.92 a barrel, while the March Brent Oil contract rose 2.60% or 1.43 to trade at $56.17 a barrel.

EUR/USD was up 1.07% to 1.1463, while EUR/GBP rose 0.44% to 0.7575.

The US Dollar Index was down 0.94% at 93.92.

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