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Germany stocks higher at close of trade; DAX up 0.63%

Published 04/26/2018, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.63%
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Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Basic Resources, Telecoms and Financial Services sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.63%, while the MDAX index added 0.98%, and the TecDAX index climbed 1.94%.

The best performers of the session on the DAX were Fresenius Medical Care KGAA ST (DE:FMEG), which rose 2.71% or 2.200 points to trade at 83.260 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:VOWG_p) added 2.66% or 4.44 points to end at 171.44 and Vonovia SE (DE:VNAn) was up 2.24% or 0.89 points to 40.71 in late trade.

The worst performers of the session were Deutsche Lufthansa AG (DE:LHAG), which fell 5.31% or 1.360 points to trade at 24.250 at the close. Thyssenkrupp AG O.N. (DE:TKAG) declined 1.31% or 0.290 points to end at 21.890 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 1.30% or 0.156 points to 11.834.

The top performers on the MDAX were Uniper SE (DE:UN01) which rose 4.27% to 24.920, Aurubis AG (DE:NAFG) which was up 4.25% to settle at 75.560 and Wacker Chemie O.N. (DE:WCHG) which gained 2.51% to close at 147.30.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 13.51% to 0.13 in late trade, Covestro AG (DE:1COV) which lost 4.19% to settle at 74.500 and Krones AG O.N. (DE:KRNG) which was down 2.84% to 105.900 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE:RIB) which rose 7.30% to 21.160, S&T AG (F:SANT1) which was up 4.95% to settle at 21.200 and Sartorius AG VZO O.N. (DE:SATG_p) which gained 4.13% to close at 126.000.

The worst performers were Aixtron SE (DE:AIXGn) which was down 5.81% to 13.852 in late trade, Adva Optical Networking SE (DE:ADAG) which lost 3.79% to settle at 5.580 and GFT Technologies AG (DE:GFTG) which was down 2.98% to 13.030 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 462 to 222 and 84 ended unchanged.

Shares in Steinhoff International Holdings NV (DE:SNHG) fell to all time lows; losing 13.51% or 0.02 to 0.13.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.20% to 15.64.

Gold Futures for June delivery was down 0.37% or 4.90 to $1317.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.24% or 0.16 to hit $67.89 a barrel, while the June Brent oil contract rose 0.41% or 0.30 to trade at $74.30 a barrel.

EUR/USD was down 0.36% to 1.2117, while EUR/GBP fell 0.37% to 0.8698.

The US Dollar Index Futures was up 0.29% at 91.29.

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