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Germany stocks higher at close of trade

Published 02/12/2015, 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 Thursday, as gains in the Food & Beverage, Basic Resources and Construction sectors led shares higher.

At the close in Frankfurt, the DAX rose 1.56% to hit a new all time high, while the MDAX index climbed 1.84%, and the TecDAX index added 1.49%.

The best performers of the session on the DAX were Deutsche Post AG NA O.N. (XETRA:DPWGn), which rose 4.10% or 1.140 points to trade at 28.935 at the close. Meanwhile, Heidelbergcement AG O.N. (XETRA:HEIG) added 3.53% or 2.370 points to end at 69.590 and Deutsche Bank AG NA O.N. (XETRA:DBKGn) was up 3.17% or 0.845 points to 27.505 in late trade.

The worst performers of the session were Henkel AG & Co Kgaa Vzo (XETRA:HNKG_p), which fell 0.69% or 0.700 points to trade at 100.700 at the close. Commerzbank AG O.N. (XETRA:CBKG) declined 0.31% or 0.035 points to end at 11.240 and Fresenius SE & Co KGAA O.N. (XETRA:FREG) was down 0.31% or 0.150 points to 48.330.

The top performers on the MDAX were Bilfinger SE O.N. (XETRA:GBFG) which rose 9.97% to 55.600, Gerresheimer AG (XETRA:GXId) which was up 5.27% to settle at 49.195 and Metro AG ST O.N. (XETRA:MEOG) which gained 5.26% to close at 30.610.

The worst performers were MTU Aero Engines NA O.N. (XETRA:MTXGn) which was down 4.75% to 79.080 in late trade, Elringklinger AG NA O.N. (XETRA:ZILGn) which lost 0.31% to settle at 30.650 and Rhoen-Klinikum O.N. (XETRA:RHKG) which was down 0.22% to 22.600 at the close.

The top performers on the TecDAX were LPKF Laser & Electronics (XETRA:LPKG) which rose 14.74% to 11.430, Sartorius AG VZO O.N. (XETRA:SATG_p) which was up 7.50% to settle at 113.950 and Adva Optical Networking SE (XETRA:ADAG) which gained 5.44% to close at 3.179.

The worst performers were Stratec Biomedical (XETRA:SBSG) which was down 2.15% to 43.100 in late trade, Kontron AG O.N. (XETRA:KBCG) which lost 1.63% to settle at 5.991 and QSC AG NA O.N. (XETRA:QSCG) which was down 1.35% to 1.966 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 549 to 184 and 27 ended unchanged.

Shares in Deutsche Post AG NA O.N. (XETRA:DPWGn) rose to all time highs; rising 4.10% or 1.140 to 28.935. Shares in Henkel AG & Co Kgaa Vzo (XETRA:HNKG_p) fell to all time highs; losing 0.69% or 0.700 to 100.700. Shares in Kontron AG O.N. (XETRA:KBCG) fell to 52-week highs; losing 1.63% or 0.099 to 5.991.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.84% to 19.66.

Gold for April delivery was up 0.29% or 3.50 to $1223.10 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in March rose 3.62% or 1.77 to hit $50.61 a barrel, while the April Brent Oil contract rose 4.77% or 2.67 to trade at $58.59 a barrel.

EUR/USD was up 0.65% to 1.1408, while EUR/GBP fell 0.28% to 0.7417.

The US Dollar Index was down 1.02% at 94.19.

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