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Germany stocks higher at close of trade; DAX up 0.31%

Published 01/26/2018, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.31%
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SIEGn
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EVTG
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Investing.com – Germany stocks were higher after the close on Friday, as gains in the Technology, Retail and Consumer & Cyclical sectors led shares higher.

At the close in Frankfurt, the DAX added 0.31%, while the MDAX index gained 0.60%, and the TecDAX index climbed 1.17%.

The best performers of the session on the DAX were Thyssenkrupp AG O.N. (DE:TKAG), which rose 2.60% or 0.670 points to trade at 26.410 at the close. Meanwhile, Fresenius Medical Care KGAA ST (DE:FMEG) added 1.57% or 1.420 points to end at 92.100 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was up 1.54% or 1.70 points to 111.95 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 0.95% or 0.150 points to trade at 15.650 at the close. Siemens AG Class N (DE:SIEGn) declined 0.82% or 1.00 points to end at 121.06 and E.ON SE NA (DE:EONGn) was down 0.51% or 0.044 points to 8.618.

The top performers on the MDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 4.12% to 0.50, Wacker Chemie O.N. (DE:WCHG) which was up 3.33% to settle at 174.00 and K+S AG NA O.N. (DE:SDFGn) which gained 1.89% to close at 23.230.

The worst performers were Jungheinrich AG O.N.VZO (DE:JUNG_p) which was down 1.33% to 40.180 in late trade, Innogy SE (DE:IGY) which lost 1.00% to settle at 31.670 and Hannover Rueck SE (DE:HNRGn) which was down 0.45% to 109.90 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 6.97% to 41.760, Medigene NA O.N. (DE:MDG1k) which was up 5.93% to settle at 17.150 and Evotec AG O.N. (DE:EVTG) which gained 5.93% to close at 15.800.

The worst performers were Nemetschek AG O.N. (DE:NEKG) which was down 2.14% to 79.900 in late trade, Wirecard AG (DE:WDIG) which lost 1.71% to settle at 97.460 and GFT Technologies AG (DE:GFTG) which was down 0.91% to 13.130 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 468 to 241 and 102 ended unchanged.

Shares in Fresenius Medical Care KGAA ST (DE:FMEG) rose to all time highs; rising 1.57% or 1.420 to 92.100. Shares in Wacker Chemie O.N. (DE:WCHG) rose to 5-year highs; gaining 3.33% or 5.60 to 174.00.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.20% to 13.83.

Gold Futures for February delivery was down 0.76% or 10.40 to $1352.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.99% or 0.65 to hit $66.16 a barrel, while the March Brent oil contract rose 0.16% or 0.11 to trade at $70.53 a barrel.

EUR/USD was up 0.22% to 1.2424, while EUR/GBP fell 0.11% to 0.8758.

The US Dollar Index Futures was down 0.38% at 88.85.

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