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Germany stocks higher at close of trade; DAX up 0.17%

Published 04/09/2018, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.17%
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Investing.com – Germany stocks were higher after the close on Monday, as gains in the Software, Media and Financial Services sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.17%, while the MDAX index gained 0.20%, and the TecDAX index added 1.14%.

The best performers of the session on the DAX were Deutsche Boerse AG (DE:DB1Gn), which rose 2.41% or 2.700 points to trade at 114.900 at the close. Meanwhile, Deutsche Lufthansa AG (DE:LHAG) added 1.21% or 0.320 points to end at 26.670 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 1.16% or 0.132 points to 11.484 in late trade.

The worst performers of the session were Linde AG O.N. (DE:LING), which fell 0.73% or 1.20 points to trade at 163.65 at the close. Bayerische Motoren Werke AG (DE:BMWG) declined 0.71% or 0.630 points to end at 88.340 and Daimler AG NA O.N. (DE:DAIGn) was down 0.58% or 0.380 points to 64.950.

The top performers on the MDAX were Stroeer SE (DE:SAXG) which rose 2.37% to 58.400, Rational AG (BS:RAAd) which was up 1.56% to settle at 515.00 and Aareal Bank AG (DE:ARLG) which gained 1.47% to close at 39.390.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 4.50% to 0.20 in late trade, Jungheinrich AG O.N.VZO (DE:JUNG_p) which lost 1.71% to settle at 34.540 and Covestro AG (DE:1COV) which was down 1.42% to 79.020 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 4.73% to 9.436, Sartorius AG VZO O.N. (DE:SATG_p) which was up 3.58% to settle at 121.600 and Wirecard AG (DE:WDIG) which gained 3.09% to close at 101.300.

The worst performers were Adva Optical Networking SE (DE:ADAG) which was down 3.15% to 5.065 in late trade, RIB Software AG Na (DE:RIB) which lost 1.78% to settle at 18.170 and Jenoptik AG (DE:JENG) which was down 1.05% to 28.320 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 384 to 310 and 83 ended unchanged.

Shares in Deutsche Boerse AG (DE:DB1Gn) rose to 5-year highs; rising 2.41% or 2.700 to 114.900. Shares in Steinhoff International Holdings NV (DE:SNHG) fell to all time lows; down 4.50% or 0.01 to 0.20.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.03% to 18.90.

Gold Futures for June delivery was up 0.02% or 0.30 to $1336.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 2.06% or 1.28 to hit $63.34 a barrel, while the June Brent oil contract rose 1.98% or 1.33 to trade at $68.44 a barrel.

EUR/USD was up 0.28% to 1.2315, while EUR/GBP rose 0.03% to 0.8718.

The US Dollar Index Futures was down 0.23% at 89.61.

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