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Germany stocks higher at close of trade; DAX up 0.85%

Published 03/15/2019, 02:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.85%
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LHAG
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Investing.com – Germany stocks were higher after the close on Friday, as gains in the Technology, Telecoms and Insurance sectors led shares higher.

At the close in Frankfurt, the DAX added 0.85% to hit a new 3-months high, while the MDAX index climbed 0.50%, and the TecDAX index gained 0.55%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 3.97% or 0.755 points to trade at 19.795 at the close. Meanwhile, SAP SE (DE:SAPG) added 2.42% or 2.350 points to end at 99.350 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was up 2.41% or 5.10 points to 216.60 in late trade.

The worst performers of the session were Wirecard AG (DE:WDIG), which fell 10.11% or 11.725 points to trade at 104.225 at the close. Merck KGaA (DE:MRCG) declined 2.03% or 2.04 points to end at 98.36 and Deutsche Lufthansa AG (DE:LHAG) was down 1.22% or 0.260 points to 21.130.

The top performers on the MDAX were Sartorius AG VZO O.N. (DE:SATG_p) which rose 2.74% to 149.900, Schaeffler AG Pref (DE:SHA_p) which was up 2.74% to settle at 7.42 and Software AG (DE:SOWGn) which gained 2.64% to close at 32.700.

The worst performers were Salzgitter AG (DE:SZGG) which was down 4.25% to 26.610 in late trade, Aareal Bank AG (DE:ARLG) which lost 2.62% to settle at 28.660 and Alstria Office Reit-Ag (DE:AOXG) which was down 1.38% to 13.610 at the close.

The top performers on the TecDAX were Isra Vision O.N. (DE:ISRG) which rose 4.41% to 35.50, Infineon Technologies AG NA O.N. (DE:IFXGn) which was up 3.97% to settle at 19.795 and Sartorius AG VZO O.N. (DE:SATG_p) which gained 2.74% to close at 149.900.

The worst performers were Wirecard AG (DE:WDIG) which was down 10.11% to 104.225 in late trade, Nordex SE O.N. (DE:NDXG) which lost 3.84% to settle at 12.260 and SLM Solutions Group AG (DE:AM3D) which was down 2.27% to 6.45 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 443 to 256 and 83 ended unchanged.

Shares in Muench. Rueckvers. VNA O.N. (DE:MUVGn) rose to all time highs; up 2.41% or 5.10 to 216.60. Shares in SLM Solutions Group AG (DE:AM3D) fell to all time lows; falling 2.27% or 0.15 to 6.45.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.71% to 13.41 a new 6-months low.

Gold Futures for April delivery was up 0.54% or 6.95 to $1302.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.22% or 0.13 to hit $58.48 a barrel, while the May Brent oil contract fell 0.01% or 0.01 to trade at $67.22 a barrel.

EUR/USD was up 0.16% to 1.1321, while EUR/GBP fell 0.13% to 0.8522.

The US Dollar Index Futures was down 0.20% at 96.580.

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