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Germany stocks higher at close of trade; DAX up 0.72%

Published 09/01/2017, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.72%
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Investing.com – Germany stocks were higher after the close on Friday, as gains in the Technology, Food & Beverages and Basic Resources sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.72%, while the MDAX index added 0.62%, and the TecDAX index added 0.80%.

The best performers of the session on the DAX were Lufthansa AG VNA O.N. (DE:LHAG), which rose 3.27% or 0.690 points to trade at 21.760 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 2.35% or 0.455 points to end at 19.825 and Deutsche Boerse AG (DE:DB1Gn) was up 1.68% or 1.510 points to 91.300 in late trade.

The worst performers of the session were Prosiebensat 1 Media AG (DE:PSMGn), which fell 1.35% or 0.380 points to trade at 27.800 at the close. Linde AG O.N. (DE:LING) declined 0.43% or 0.70 points to end at 160.35 and Deutsche Telekom AG Na (DE:DTEGn) was down 0.30% or 0.045 points to 15.115.

The top performers on the MDAX were Jungheinrich AG O.N.VZO (DE:JUNG_p) which rose 3.03% to 36.705, Leoni AG (DE:LEOGn) which was up 2.66% to settle at 51.730 and Evonik Industries AG (DE:EVKn) which gained 2.63% to close at 27.945.

The worst performers were Gerresheimer AG (BS:GXId) which was down 1.36% to 65.090 in late trade, Stroeer SE (DE:SAXG) which lost 1.14% to settle at 52.910 and LEG Immobilien AG (DE:LEGn) which was down 0.69% to 84.310 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE:MDG1k) which rose 12.09% to 12.845, SMA Solar Technology AG (DE:S92G) which was up 5.46% to settle at 39.220 and Dialog Semiconductor (DE:DLGS) which gained 3.98% to close at 39.705.

The worst performers were Telefonica Deutschland Holding AG (DE:O2Dn) which was down 2.27% to 4.443 in late trade, RIB Software AG Na (DE:RIB) which lost 1.11% to settle at 15.980 and Freenet AG NA (DE:FNTGn) which was down 1.10% to 27.750 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 525 to 234 and 28 ended unchanged.

Shares in Lufthansa AG VNA O.N. (DE:LHAG) rose to 5-year highs; gaining 3.27% or 0.690 to 21.760. Shares in Jungheinrich AG O.N.VZO (DE:JUNG_p) rose to 3-years highs; gaining 3.03% or 1.080 to 36.705. Shares in Gerresheimer AG (BS:GXId) fell to 52-week lows; losing 1.36% or 0.900 to 65.090. Shares in SMA Solar Technology AG (DE:S92G) rose to 52-week highs; up 5.46% or 2.030 to 39.220.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.40% to 14.86.

Gold Futures for December delivery was up 0.54% or 7.20 to $1329.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.38% or 0.18 to hit $47.05 a barrel, while the November Brent oil contract fell 0.47% or 0.25 to trade at $52.61 a barrel.

EUR/USD was down 0.25% to 1.1879, while EUR/GBP fell 0.58% to 0.9157.

The US Dollar Index Futures was up 0.10% at 92.68.

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