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

Published 09/28/2017, 12:15 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 Thursday, as gains in the Food & Beverages, Retail and Basic Resources sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.37% to hit a new 3-months high, while the MDAX index gained 0.40%, and the TecDAX index gained 0.80%.

The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 2.68% or 0.375 points to trade at 14.370 at the close. Meanwhile, Linde AG O.N. (DE:LING) added 2.37% or 4.05 points to end at 174.70 and Fresenius Medical Care KGAA ST (DE:FMEG) was up 1.66% or 1.350 points to 82.670 in late trade.

The worst performers of the session were Merck KGaA (DE:MRCG), which fell 2.74% or 2.74 points to trade at 97.31 at the close. Volkswagen AG VZO O.N. (DE:VOWG_p) declined 1.67% or 2.35 points to end at 138.35 and Commerzbank AG O.N. (DE:CBKG) was down 1.00% or 0.115 points to 11.340.

The top performers on the MDAX were Krones AG O.N. (DE:KRNG) which rose 2.34% to 120.400, Hochtief AG (DE:HOTG) which was up 2.29% to settle at 142.90 and Wacker Chemie O.N. (DE:WCHG) which gained 2.23% to close at 123.65.

The worst performers were Deutsche Wohnen AG (DE:DWNG) which was down 1.13% to 35.595 in late trade, Steinhoff International Holdings NV (DE:SNHG) which lost 0.72% to settle at 3.71 and Hugo Boss AG NA O.N. (DE:BOSSn) which was down 0.59% to 74.060 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE:MDG1k) which rose 3.83% to 13.275, Carl Zeiss Meditec AG (DE:AFXG) which was up 3.62% to settle at 43.560 and Aixtron SE (DE:AIXGn) which gained 3.10% to close at 11.300.

The worst performers were Qiagen NV (DE:QGEN) which was down 1.31% to 26.820 in late trade, Telefonica Deutschland Holding AG (DE:O2Dn) which lost 1.20% to settle at 4.762 and Sartorius AG VZO O.N. (DE:SATG_p) which was down 0.50% to 81.280 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 452 to 298 and 38 ended unchanged.

Shares in Krones AG O.N. (DE:KRNG) rose to all time highs; up 2.34% or 2.750 to 120.400. Shares in Steinhoff International Holdings NV (DE:SNHG) fell to all time lows; down 0.72% or 0.03 to 3.71. Shares in Wacker Chemie O.N. (DE:WCHG) rose to 5-year highs; up 2.23% or 2.70 to 123.65.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.04% to 11.84.

Gold Futures for December delivery was down 0.02% or 0.21 to $1287.59 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 1.53% or 0.80 to hit $51.34 a barrel, while the December Brent oil contract fell 1.20% or 0.69 to trade at $56.88 a barrel.

EUR/USD was up 0.26% to 1.1778, while EUR/GBP fell 0.10% to 0.8769.

The US Dollar Index Futures was down 0.20% at 93.08.

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