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Germany stocks higher at close of trade

Published 03/06/2015, 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 Friday, as gains in the Basic Resources, Retail and Construction sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.41% to hit a new all time high, while the MDAX index gained 0.20%, and the TecDAX index gained 0.82%.

The best performers of the session on the DAX were Thyssenkrupp AG O.N. (XETRA:TKAG), which rose 3.38% or 0.805 points to trade at 24.650 at the close. Meanwhile, Lanxess AG (XETRA:LXSG) added 2.33% or 1.085 points to end at 47.650 and Volkswagen AG VZO O.N. (XETRA:VOWG_p) was up 1.86% or 4.200 points to 229.850 in late trade.

The worst performers of the session were RWE AG ST O.N. (XETRA:RWEG), which fell 2.62% or 0.655 points to trade at 24.300 at the close. E.ON SE NA (XETRA:EONGn) declined 2.03% or 0.290 points to end at 14.000 and SAP AG O.N. (XETRA:SAPG) was down 0.19% or 0.120 points to 63.470.

The top performers on the MDAX were Salzgitter AG O.N. (XETRA:SZGG) which rose 4.52% to 26.915, Wacker Chemie O.N. (XETRA:WCHG) which was up 3.35% to settle at 111.100 and Bilfinger SE O.N. (XETRA:GBFG) which gained 3.20% to close at 53.820.

The worst performers were Deutsche Wohnen AG Inh (XETRA:DWNG) which was down 2.89% to 23.695 in late trade, LEG Immobilien AG (XETRA:LEGn) which lost 1.76% to settle at 70.790 and Hochtief AG (XETRA:HOTG) which was down 1.29% to 71.000 at the close.

The top performers on the TecDAX were Xing AG (XETRA:OBCGn) which rose 4.85% to 141.600, BB Biotech AG (XETRA:BIONn) which was up 3.85% to settle at 294.000 and Pfeiffer Vacuum Technology O.N. (XETRA:PV) which gained 3.04% to close at 77.020.

The worst performers were Qiagen NV (XETRA:QGEN) which was down 0.90% to 22.570 in late trade, Sartorius AG VZO O.N. (XETRA:SATG_p) which lost 0.81% to settle at 123.000 and Draegerwerk VZO O.N. (XETRA:DRWG_p) which was down 0.75% to 93.990 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 494 to 243 and 30 ended unchanged.

Shares in Thyssenkrupp AG O.N. (XETRA:TKAG) rose to 3-year highs; up 3.38% or 0.805 to 24.650. Shares in Volkswagen AG VZO O.N. (XETRA:VOWG_p) rose to all time highs; rising 1.86% or 4.200 to 229.850. Shares in Wacker Chemie O.N. (XETRA:WCHG) rose to 3-year highs; gaining 3.35% or 3.600 to 111.100. Shares in Xing AG (XETRA:OBCGn) rose to all time highs; rising 4.85% or 6.550 to 141.600. Shares in BB Biotech AG (XETRA:BIONn) rose to all time highs; gaining 3.85% or 10.900 to 294.000.

The DAX volatility index, which measures the implied volatility of DAX options, was up 10.56% to 16.64.

Gold for April delivery was down 2.42% or 28.90 to $1167.30 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in April fell 1.77% or 0.90 to hit $49.86 a barrel, while the April Brent Oil contract fell 0.59% or 0.35 to trade at $60.12 a barrel.

EUR/USD was down 1.60% to 1.0852, while EUR/GBP fell 0.37% to 0.7210.

The US Dollar Index was up 1.35% at 97.70.

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