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Germany stocks higher at close of trade; DAX up 0.37%

Published 06/04/2018, 12:15 PM
Updated 06/04/2018, 12:16 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.37%
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Investing.com – Germany stocks were higher after the close on Monday, as gains in the Financial Services, Media and Transportation & Logistics sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.37%, while the MDAX index added 0.43%, and the TecDAX index climbed 0.73%.

The best performers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 2.13% or 0.500 points to trade at 23.930 at the close. Meanwhile, RWE AG ST O.N. (DE:RWEG) added 2.05% or 0.395 points to end at 19.620 and Deutsche Boerse AG (DE:DB1Gn) was up 1.92% or 2.200 points to 117.000 in late trade.

The worst performers of the session were Merck KGaA (DE:MRCG), which fell 3.73% or 3.30 points to trade at 85.06 at the close. Thyssenkrupp AG O.N. (DE:TKAG) declined 0.65% or 0.150 points to end at 22.970 and Bayer AG NA (DE:BAYGN) was down 0.62% or 0.64 points to 102.72.

The top performers on the MDAX were Krones AG O.N. (DE:KRNG) which rose 4.46% to 114.800, Aroundtown Property Holdings PLC (DE:AT1) which was up 3.71% to settle at 7.400 and CTS Eventim AG (DE:EVDG) which gained 2.16% to close at 42.560.

The worst performers were Wacker Chemie O.N. (DE:WCHG) which was down 7.74% to 131.80 in late trade, Osram Licht AG (DE:OSRn) which lost 1.68% to settle at 50.18 and STADA Arzneimittel VNA O.N. (DE:STAGn) which was down 1.11% to 81.840 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE:ADAG) which rose 3.65% to 6.240, Wirecard AG (DE:WDIG) which was up 2.63% to settle at 136.800 and Sartorius AG VZO O.N. (DE:SATG_p) which gained 2.46% to close at 125.000.

The worst performers were SMA Solar Technology AG (DE:S92G) which was down 6.96% to 48.380 in late trade, Dialog Semiconductor (DE:DLGS) which lost 3.65% to settle at 15.300 and GFT Technologies AG (DE:GFTG) which was down 1.63% to 13.840 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 430 to 277 and 79 ended unchanged.

Shares in Deutsche Boerse AG (DE:DB1Gn) rose to 5-year highs; rising 1.92% or 2.200 to 117.000. Shares in Aroundtown Property Holdings PLC (DE:AT1) rose to all time highs; up 3.71% or 0.265 to 7.400. Shares in Wirecard AG (DE:WDIG) rose to all time highs; up 2.63% or 3.500 to 136.800. Shares in Dialog Semiconductor (DE:DLGS) fell to 3-years lows; falling 3.65% or 0.580 to 15.300.

The DAX volatility index, which measures the implied volatility of DAX options, was down 6.20% to 15.50.

Gold Futures for August delivery was down 0.13% or 1.70 to $1297.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.14% or 0.75 to hit $65.06 a barrel, while the August Brent oil contract fell 1.29% or 0.99 to trade at $75.80 a barrel.

EUR/USD was up 0.26% to 1.1690, while EUR/GBP rose 0.49% to 0.8780.

The US Dollar Index Futures was down 0.14% at 94.03.

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