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Germany stocks higher at close of trade

Published 02/10/2015, 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 Technology, Media and Telecom sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.85% to hit a new all time high, while the MDAX index gained 0.97%, and the TecDAX index added 1.41%.

The best performers of the session on the DAX were Continental AG O.N. (XETRA:CONG), which rose 3.15% or 6.250 points to trade at 204.450 at the close. Meanwhile, Infineon Technologies AG NA O.N. (XETRA:IFXGn) added 2.34% or 0.229 points to end at 10.015 and Bay.Motoren Werke AG ST (XETRA:BMWG) was up 2.15% or 2.200 points to 104.700 in late trade.

The worst performers of the session were Lanxess AG (XETRA:LXSG), which fell 1.76% or 0.805 points to trade at 44.810 at the close. Henkel AG & Co Kgaa Vzo (XETRA:HNKG_p) declined 0.88% or 0.900 points to end at 101.400 and Allianz SE VNA O.N. (XETRA:ALVG) was down 0.48% or 0.700 points to 146.200.

The top performers on the MDAX were Airbus Group (XETRA:AIRG) which rose 3.34% to 49.811, MTU Aero Engines NA O.N. (XETRA:MTXGn) which was up 2.87% to settle at 83.070 and Kuka AG (XETRA:KU2G) which gained 2.54% to close at 64.690.

The worst performers were Aurubis AG (XETRA:NAFG) which was down 3.49% to 49.460 in late trade, Gagfah SA Nom. (XETRA:GFJG) which lost 2.93% to settle at 19.065 and Metro AG ST O.N. (XETRA:MEOG) which was down 2.53% to 28.900 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (XETRA:NEKG) which rose 4.28% to 103.100, Cancom SE O.N. (XETRA:COKG) which was up 4.07% to settle at 38.715 and Evotec AG O.N. (XETRA:EVTG) which gained 3.61% to close at 3.850.

The worst performers were Stratec Biomedical (XETRA:SBSG) which was down 2.13% to 42.550 in late trade, LPKF Laser & Electronics (XETRA:LPKG) which lost 1.48% to settle at 9.655 and SMA Solar Technology AG (XETRA:S92G) which was down 0.64% to 12.500 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 503 to 228 and 26 ended unchanged.

Shares in Continental AG O.N. (XETRA:CONG) rose to all time highs; rising 3.15% or 6.250 to 204.450. Shares in Henkel AG & Co Kgaa Vzo (XETRA:HNKG_p) fell to all time highs; losing 0.88% or 0.900 to 101.400. Shares in Allianz SE VNA O.N. (XETRA:ALVG) fell to 5-year highs; down 0.48% or 0.700 to 146.200. Shares in Nemetschek AG O.N. (XETRA:NEKG) rose to all time highs; gaining 4.28% or 4.230 to 103.100.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 20.90.

Gold for April delivery was down 0.40% or 5.00 to $1236.50 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in March fell 3.75% or 1.98 to hit $50.88 a barrel, while the April Brent Oil contract fell 1.88% or 1.11 to trade at $58.22 a barrel.

EUR/USD was down 0.00% to 1.1324, while EUR/GBP fell 0.34% to 0.7416.

The US Dollar Index was up 0.03% at 94.72.

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