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Germany stocks higher at close of trade; DAX up 0.65%

Published 05/25/2018, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.65%
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Investing.com – Germany stocks were higher after the close on Friday, as gains in the Financial Services, Software and Pharmaceuticals & Healthcare sectors led shares higher.

At the close in Frankfurt, the DAX added 0.65%, while the MDAX index climbed 0.62%, and the TecDAX index added 0.84%.

The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 2.21% or 0.85 points to trade at 39.35 at the close. Meanwhile, Merck KGaA (DE:MRCG) added 1.98% or 1.66 points to end at 85.36 and Covestro AG (DE:1COV) was up 1.79% or 1.380 points to 78.580 in late trade.

The worst performers of the session were E.ON SE NA (DE:EONGn), which fell 0.26% or 0.024 points to trade at 9.166 at the close. Daimler AG NA O.N. (DE:DAIGn) declined 0.23% or 0.150 points to end at 65.070 and Heidelbergcement AG O.N. (DE:HEIG) was down 0.18% or 0.140 points to 78.860.

The top performers on the MDAX were CTS Eventim AG (DE:EVDG) which rose 3.41% to 41.800, Fuchs Petrolub AG VZO Pref (DE:FPEG_p) which was up 2.57% to settle at 46.380 and Osram Licht AG (DE:OSRn) which gained 2.45% to close at 52.76.

The worst performers were Rocket Internet (DE:RKET) which was down 3.84% to 23.56 in late trade, Metro AG (DE:MEOG) which lost 0.98% to settle at 8.514 and Stroeer SE (DE:SAXG) which was down 0.95% to 57.600 at the close.

The top performers on the TecDAX were Evotec AG O.N. (DE:EVTG) which rose 3.81% to 15.140, Dialog Semiconductor (DE:DLGS) which was up 3.20% to settle at 19.530 and Carl Zeiss Meditec AG (DE:AFXG) which gained 2.99% to close at 60.250.

The worst performers were SMA Solar Technology AG (DE:S92G) which was down 5.81% to 52.700 in late trade, Medigene NA O.N. (DE:MDG1k) which lost 3.71% to settle at 14.290 and Jenoptik AG (DE:JENG) which was down 0.77% to 36.200 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 439 to 264 and 85 ended unchanged.

Shares in Metro AG (DE:MEOG) fell to 52-week lows; losing 0.98% or 0.084 to 8.514. Shares in Carl Zeiss Meditec AG (DE:AFXG) rose to all time highs; up 2.99% or 1.750 to 60.250.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.71% to 16.56.

Gold Futures for June delivery was down 0.06% or 0.80 to $1303.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 4.19% or 2.96 to hit $67.75 a barrel, while the July Brent oil contract fell 3.39% or 2.67 to trade at $76.12 a barrel.

EUR/USD was down 0.44% to 1.1667, while EUR/GBP unchanged 0.00% to 0.8759.

The US Dollar Index Futures was up 0.38% at 94.08.

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