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Germany stocks higher at close of trade

Published 02/19/2015, 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 Consumer & Cyclical, Industrial and Financial Services sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.37% to hit a new all time high, while the MDAX index climbed 0.77%, and the TecDAX index climbed 0.29%.

The best performers of the session on the DAX were Adidas AG NA O.N. (XETRA:ADSGN), which rose 4.96% or 3.210 points to trade at 67.870 at the close. Meanwhile, Volkswagen AG VZO O.N. (XETRA:VOWG_p) added 2.76% or 6.000 points to end at 223.150 and Continental AG O.N. (XETRA:CONG) was up 1.52% or 3.200 points to 213.950 in late trade.

The worst performers of the session were RWE AG ST O.N. (XETRA:RWEG), which fell 1.39% or 0.330 points to trade at 23.480 at the close. Infineon Technologies AG NA O.N. (XETRA:IFXGn) declined 1.37% or 0.140 points to end at 10.110 and E.ON SE NA (XETRA:EONGn) was down 1.00% or 0.135 points to 13.305.

The top performers on the MDAX were Rheinmetall AG (XETRA:RHMG) which rose 7.92% to 43.400, Norma Group AG NA O.N. (XETRA:NOEJ) which was up 2.39% to settle at 46.500 and Osram Licht (XETRA:OSRn) which gained 2.05% to close at 41.228.

The worst performers were Gagfah SA Nom. (XETRA:GFJG) which was down 3.06% to 20.250 in late trade, Salzgitter AG O.N. (XETRA:SZGG) which lost 1.25% to settle at 26.410 and Kloeckner & Co SE NA (XETRA:KCOGn) which was down 1.09% to 9.798 at the close.

The top performers on the TecDAX were CompuGroup Medical AG O.N. (XETRA:COPMa) which rose 3.51% to 27.000, Nemetschek AG O.N. (XETRA:NEKG) which was up 3.28% to settle at 114.950 and Xing AG (XETRA:OBCGn) which gained 2.93% to close at 122.900.

The worst performers were SMA Solar Technology AG (XETRA:S92G) which was down 3.93% to 12.960 in late trade, Aixtron SE NA O.N. (XETRA:AIXGn) which lost 3.34% to settle at 6.980 and QSC AG NA O.N. (XETRA:QSCG) which was down 2.32% to 1.940 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 426 to 308 and 23 ended unchanged.

Shares in Volkswagen AG VZO O.N. (XETRA:VOWG_p) rose to all time highs; up 2.76% or 6.000 to 223.150. Shares in Continental AG O.N. (XETRA:CONG) rose to all time highs; up 1.52% or 3.200 to 213.950. Shares in CompuGroup Medical AG O.N. (XETRA:COPMa) rose to all time highs; gaining 3.51% or 0.915 to 27.000. Shares in Nemetschek AG O.N. (XETRA:NEKG) rose to all time highs; up 3.28% or 3.650 to 114.950. Shares in Xing AG (XETRA:OBCGn) rose to all time highs; gaining 2.93% or 3.500 to 122.900.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.98% to 18.34 a new 1-month low.

Gold for April delivery was up 0.91% or 10.90 to $1211.10 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in April fell 1.50% or 0.79 to hit $52.03 a barrel, while the April Brent Oil contract fell 0.45% or 0.28 to trade at $60.26 a barrel.

EUR/USD was down 0.18% to 1.1377, while EUR/GBP fell 0.20% to 0.7368.

The US Dollar Index was up 0.27% at 94.39.

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