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Germany stocks higher at close of trade; DAX up 0.38%

Published 06/20/2019, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.38%
DE40
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Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Food & Beverages, Technology and Retail sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.38% to hit a new 1-month high, while the MDAX index climbed 0.42%, and the TecDAX index added 0.74%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 3.64% or 0.524 points to trade at 14.914 at the close. Meanwhile, SAP SE (DE:SAPG) added 1.49% or 1.740 points to end at 118.720 and Deutsche Post AG NA O.N. (DE:DPWGn) was up 1.45% or 0.405 points to 28.335 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 2.59% or 0.168 points to trade at 6.317 at the close. Vonovia SE (DE:VNAn) declined 2.20% or 0.98 points to end at 43.56 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was down 1.81% or 1.58 points to 85.64.

The top performers on the MDAX were Delivery Hero AG (DE:DHER) which rose 9.71% to 41.00, Rocket Internet (DE:RKET) which was up 7.62% to settle at 25.98 and Dialog Semiconductor (DE:DLGS) which gained 5.35% to close at 34.280.

The worst performers were Commerzbank AG O.N. (DE:CBKG) which was down 3.37% to 6.167 in late trade, United Internet AG NA (DE:UTDI) which lost 2.82% to settle at 29.300 and Deutsche Wohnen AG (DE:DWNG) which was down 2.27% to 33.960 at the close.

The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 5.16% to 34.2200, Siltronic AG (DE:WAFGn) which was up 4.12% to settle at 58.100 and Isra Vision O.N. (DE:ISRG) which gained 3.78% to close at 37.34.

The worst performers were United Internet AG NA (DE:UTDI) which was down 2.82% to 29.300 in late trade, Telefonica Deutschland Holding AG (DE:O2Dn) which lost 1.25% to settle at 2.449 and Medigene NA O.N. (DE:MDG1k) which was down 0.91% to 7.655 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 411 to 276 and 92 ended unchanged.

Shares in SAP SE (DE:SAPG) rose to all time highs; gaining 1.49% or 1.740 to 118.720. Shares in Deutsche Wohnen AG (DE:DWNG) fell to 52-week lows; falling 2.27% or 0.790 to 33.960.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.16% to 14.02 a new 1-month low.

Gold Futures for August delivery was up 3.21% or 43.25 to $1392.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 5.39% or 2.91 to hit $56.88 a barrel, while the August Brent oil contract rose 3.88% or 2.40 to trade at $64.22 a barrel.

EUR/USD was up 0.61% to 1.1292, while EUR/GBP rose 0.14% to 0.8890.

The US Dollar Index Futures was down 0.43% at 96.162.

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