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Germany stocks higher at close of trade; DAX up 0.46%

Published 11/28/2017, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.46%
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Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Food & Beverages, Consumer & Cyclical and Chemicals sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.46%, while the MDAX index gained 0.59%, and the TecDAX index climbed 0.51%.

The best performers of the session on the DAX were Prosiebensat 1 Media AG (DE:PSMGn), which rose 2.02% or 0.530 points to trade at 26.725 at the close. Meanwhile, Deutsche Boerse AG (DE:DB1Gn) added 1.66% or 1.520 points to end at 93.040 and Beiersdorf AG O.N. (DE:BEIG) was up 1.58% or 1.530 points to 98.460 in late trade.

The worst performers of the session were Linde AG O.N. (DE:LING), which fell 1.41% or 2.65 points to trade at 185.70 at the close. Bayerische Motoren Werke AG (DE:BMWG) declined 0.86% or 0.740 points to end at 84.950 and Fresenius SE & Co KGAA O.N. (DE:FREG) was down 0.55% or 0.340 points to 61.080.

The top performers on the MDAX were Kion Group AG (DE:KGX) which rose 3.07% to 68.44, Suedzucker AG (DE:SZUG) which was up 2.58% to settle at 17.485 and Steinhoff International Holdings NV (DE:SNHG) which gained 1.75% to close at 3.37.

The worst performers were Norma Group AG NA O.N. (DE:NOEJ) which was down 1.27% to 53.650 in late trade, Bilfinger SE O.N. (DE:GBFG) which lost 0.89% to settle at 36.655 and Fuchs Petrolub AG VZO Pref (DE:FPEG_p) which was down 0.73% to 44.490 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE:ADAG) which rose 9.06% to 6.271, Evotec AG O.N. (DE:EVTG) which was up 2.36% to settle at 12.775 and Drillisch AG (DE:DRIG) which gained 2.04% to close at 63.930.

The worst performers were Aixtron SE (DE:AIXGn) which was down 3.59% to 13.575 in late trade, Medigene NA O.N. (DE:MDG1k) which lost 1.49% to settle at 11.550 and Morphosys AG O.N. (DE:MORG) which was down 1.35% to 77.390 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 468 to 282 and 35 ended unchanged.

Shares in Beiersdorf AG O.N. (DE:BEIG) rose to all time highs; gaining 1.58% or 1.530 to 98.460. Shares in Drillisch AG (DE:DRIG) rose to all time highs; gaining 2.04% or 1.280 to 63.930.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.94% to 13.52.

Gold Futures for December delivery was up 0.09% or 1.20 to $1295.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.53% or 0.31 to hit $57.80 a barrel, while the February Brent oil contract fell 0.62% or 0.39 to trade at $62.99 a barrel.

EUR/USD was down 0.18% to 1.1877, while EUR/GBP rose 0.47% to 0.8974.

The US Dollar Index Futures was up 0.24% at 93.07.

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