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Germany stocks higher at close of trade; DAX up 0.80%

Published 07/17/2018, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.80%
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Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Basic Resources, Food & Beverages and Insurance sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.80%, while the MDAX index climbed 0.75%, and the TecDAX index climbed 0.34%.

The best performers of the session on the DAX were Thyssenkrupp AG O.N. (DE:TKAG), which rose 9.20% or 1.895 points to trade at 22.495 at the close. Meanwhile, Covestro AG (DE:1COV) added 3.09% or 2.380 points to end at 79.280 and Allianz SE VNA O.N. (DE:ALVG) was up 2.29% or 4.12 points to 184.20 in late trade.

The worst performers of the session were Adidas AG (DE:ADSGN), which fell 1.59% or 3.00 points to trade at 185.75 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 1.36% or 0.140 points to end at 10.166 and Deutsche Lufthansa AG (DE:LHAG) was down 0.53% or 0.110 points to 20.490.

The top performers on the MDAX were GEA Group AG (DE:G1AG) which rose 4.78% to 30.280, Hella KGaA Hueck & Co (DE:HLE) which was up 4.50% to settle at 51.50 and Evonik Industries AG (DE:EVKn) which gained 4.38% to close at 31.190.

The worst performers were Metro AG (DE:MEOG) which was down 1.73% to 6.946 in late trade, Gerresheimer AG (DE:GXIG) which lost 1.45% to settle at 74.700 and CTS Eventim AG (DE:EVDG) which was down 1.27% to 40.480 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 4.48% to 119.000, Jenoptik AG (DE:JENG) which was up 3.49% to settle at 33.180 and Software AG (DE:SOWGn) which gained 3.07% to close at 42.990.

The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 1.65% to 12.480 in late trade, Sartorius AG VZO O.N. (DE:SATG_p) which lost 1.53% to settle at 141.700 and Siemens Healthineers AG (DE:SHLG) which was down 1.32% to 37.25 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 411 to 293 and 80 ended unchanged.

Shares in Metro AG (DE:MEOG) fell to 52-week lows; losing 1.73% or 0.122 to 6.946. Shares in Nemetschek AG O.N. (DE:NEKG) rose to all time highs; up 4.48% or 5.100 to 119.000.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.29% to 13.88.

Gold Futures for August delivery was down 0.98% or 12.10 to $1227.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.39% or 0.26 to hit $66.81 a barrel, while the September Brent oil contract rose 0.18% or 0.13 to trade at $71.97 a barrel.

EUR/USD was down 0.41% to 1.1662, while EUR/GBP rose 0.21% to 0.8867.

The US Dollar Index Futures was up 0.46% at 94.70.

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