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Germany stocks higher at close of trade; DAX up 0.27%

Published 08/29/2018, 12:15 PM
Updated 08/29/2018, 12:16 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.27%
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Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Media, Pharmaceuticals & Healthcare and Food & Beverages sectors led shares higher.

At the close in Frankfurt, the DAX added 0.27%, while the MDAX index added 0.29%, and the TecDAX index climbed 0.45%.

The best performers of the session on the DAX were Fresenius Medical Care KGAA ST (DE:FMEG), which rose 2.38% or 2.120 points to trade at 91.240 at the close. Meanwhile, Vonovia SE (DE:VNAn) added 1.45% or 0.64 points to end at 44.67 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 1.12% or 0.110 points to 9.971 in late trade.

The worst performers of the session were Covestro AG (DE:1COV), which fell 2.02% or 1.560 points to trade at 75.600 at the close. Henkel & Co KGaA AG Pref (DE:HNKG_p) declined 0.58% or 0.65 points to end at 111.55 and Adidas AG (DE:ADSGN) was down 0.51% or 1.10 points to 214.60.

The top performers on the MDAX were Stroeer SE (DE:SAXG) which rose 4.49% to 52.400, RTL Group SA (DE:RRTL) which was up 2.09% to settle at 63.500 and Aroundtown Property Holdings PLC (DE:AT1) which gained 1.97% to close at 7.745.

The worst performers were Delivery Hero AG (DE:DHER) which was down 2.23% to 48.30 in late trade, Kion Group AG (DE:KGX) which lost 0.98% to settle at 60.44 and Hella KGaA Hueck & Co (DE:HLE) which was down 0.96% to 51.85 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (DE:SATG_p) which rose 4.95% to 156.800, Dialog Semiconductor (DE:DLGS) which was up 4.82% to settle at 20.000 and SLM Solutions Group AG (DE:AM3D) which gained 4.00% to close at 23.40.

The worst performers were Jenoptik AG (DE:JENG) which was down 3.30% to 33.960 in late trade, Aixtron SE (DE:AIXGn) which lost 2.98% to settle at 11.225 and RIB Software AG Na (DE:RIB) which was down 2.89% to 20.160 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 389 to 307 and 82 ended unchanged.

Shares in Vonovia SE (DE:VNAn) rose to all time highs; rising 1.45% or 0.64 to 44.67. Shares in Aroundtown Property Holdings PLC (DE:AT1) rose to all time highs; up 1.97% or 0.150 to 7.745. Shares in Sartorius AG VZO O.N. (DE:SATG_p) rose to 52-week highs; rising 4.95% or 7.400 to 156.800.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.61% to 14.46 a new 1-month low.

Gold Futures for December delivery was down 0.23% or 2.80 to $1211.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.15% or 0.79 to hit $69.32 a barrel, while the November Brent oil contract rose 1.04% or 0.79 to trade at $77.08 a barrel.

EUR/USD was up 0.03% to 1.1700, while EUR/GBP fell 1.02% to 0.8993.

The US Dollar Index Futures was down 0.10% at 94.54.

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