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Germany stocks higher at close of trade; DAX up 0.66%

Published 11/02/2018, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.66%
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Investing.com – Germany stocks were higher after the close on Friday, as gains in the Basic Resources, Media and Technology sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.66%, while the MDAX index climbed 0.84%, and the TecDAX index added 0.17%.

The best performers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 4.15% or 0.790 points to trade at 19.805 at the close. Meanwhile, Covestro AG (DE:1COV) added 3.51% or 2.060 points to end at 60.700 and BASF SE NA O.N. (DE:BASFN) was up 2.88% or 1.955 points to 69.735 in late trade.

The worst performers of the session were Wirecard AG (DE:WDIG), which fell 6.08% or 9.875 points to trade at 152.425 at the close. Fresenius SE & Co KGAA O.N. (DE:FREG) declined 2.25% or 1.270 points to end at 55.230 and Fresenius Medical Care KGAA ST (DE:FMEG) was down 1.49% or 1.030 points to 67.970.

The top performers on the MDAX were Wacker Chemie O.N. (DE:WCHG) which rose 5.56% to 91.57, Duerr AG (DE:DUEG) which was up 4.15% to settle at 32.910 and Kion Group AG (DE:KGX) which gained 3.79% to close at 54.24.

The worst performers were Aroundtown Property Holdings PLC (DE:AT1) which was down 2.46% to 7.145 in late trade, Siemens Healthineers AG (DE:SHLG) which lost 2.07% to settle at 36.16 and Uniper SE (DE:UN01) which was down 1.36% to 25.430 at the close.

The top performers on the TecDAX were Tele Columbus AG (DE:TC1n) which rose 9.78% to 3.42, Isra Vision O.N. (DE:ISRG) which was up 7.68% to settle at 40.65 and Stabilus (DE:STAB) which gained 5.05% to close at 65.50.

The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 17.80% to 12.38 in late trade, Dr. Hoenle AG O.N. (DE:HNLG) which lost 2.24% to settle at 69.800 and Carl Zeiss Meditec AG (DE:AFXG) which was down 1.62% to 72.650 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 460 to 230 and 23 ended unchanged.

Shares in Fresenius SE & Co KGAA O.N. (DE:FREG) fell to 52-week lows; falling 2.25% or 1.270 to 55.230. Shares in Fresenius Medical Care KGAA ST (DE:FMEG) fell to 3-years lows; losing 1.49% or 1.030 to 67.970. Shares in SLM Solutions Group AG (DE:AM3D) fell to all time lows; falling 17.80% or 2.68 to 12.38.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.61% to 19.64.

Gold Futures for December delivery was down 0.26% or 3.20 to $1232.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.72% or 0.46 to hit $63.23 a barrel, while the January Brent oil contract fell 0.15% or 0.11 to trade at $72.78 a barrel.

EUR/USD was down 0.28% to 1.1376, while EUR/GBP rose 0.13% to 0.8780.

The US Dollar Index Futures was up 0.31% at 96.38.

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