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Germany stocks higher at close of trade; DAX up 0.95%

Published 09/19/2016, 12:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 0.95%
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ADSGN
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DBKGn
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MUVGn
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TKAG
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WCHG
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RWEG
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SZUG
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UTDI
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CXPEX
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CXPFX
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CXPUX
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MDAXI
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TECDAX
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SMHNn
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V1XI
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SAXG
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NWOn
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S92G
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DWNG
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BC8G
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KU2G
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VNAn
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AM3D
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1COV
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Investing.com – Germany stocks were higher after the close on Monday, as gains in the Food & Beverages, Basic Resources and Utilities sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.95%, while the MDAX index climbed 0.79%, and the TecDAX index added 0.34%.

The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 2.93% or 0.420 points to trade at 14.770 at the close. Meanwhile, Thyssenkrupp AG O.N. (DE:TKAG) added 2.66% or 0.540 points to end at 20.825 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was up 1.96% or 3.150 points to 163.800 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 2.42% or 0.290 points to trade at 11.700 at the close. Vonovia SE (DE:VNAn) declined 0.88% or 0.30 points to end at 33.87 and Adidas AG NA O.N. (DE:ADSGN) was down 0.47% or 0.700 points to 149.200.

The top performers on the MDAX were Kuka AG (DE:KU2G) which rose 4.90% to 86.870, Suedzucker AG (DE:SZUG) which was up 4.34% to settle at 24.140 and Covestro AG (DE:1COV) which gained 4.29% to close at 46.605.

The worst performers were Deutsche Wohnen AG Inh (DE:DWNG) which was down 1.46% to 31.950 in late trade, Wacker Chemie O.N. (DE:WCHG) which lost 0.94% to settle at 74.480 and Stroeer SE (DE:SAXG) which was down 0.64% to 41.000 at the close.

The top performers on the TecDAX were Xing AG (DE:OBCGn) which rose 5.38% to 194.950, Bechtle AG (DE:BC8G) which was up 2.80% to settle at 102.150 and Suess Microtec NA O.N. (DE:SMHNn) which gained 2.25% to close at 6.087.

The worst performers were SMA Solar Technology AG (DE:S92G) which was down 7.12% to 28.960 in late trade, United Internet AG NA (DE:UTDI) which lost 1.46% to settle at 39.200 and Slm Solution G (DE:AM3D) which was down 0.96% to 42.10 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 616 to 236 and 32 ended unchanged.

Shares in Suedzucker AG (DE:SZUG) rose to 3-years highs; up 4.34% or 1.005 to 24.140. Shares in Xing AG (DE:OBCGn) rose to all time highs; rising 5.38% or 9.950 to 194.950.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.37% to 18.76.

Gold for December delivery was up 0.55% or 7.15 to $1317.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.74% or 0.76 to hit $44.38 a barrel, while the November Brent oil contract rose 1.77% or 0.81 to trade at $46.58 a barrel.

EUR/USD was up 0.19% to 1.1176, while EUR/GBP fell 0.07% to 0.8564.

The US Dollar Index was down 0.34% at 95.73.

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