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Germany stocks higher at close of trade; DAX up 1.15%

Published 10/15/2019, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.15%
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Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Retail, Technology and Transportation & Logistics sectors led shares higher.

At the close in Frankfurt, the DAX gained 1.15% to hit a new 3-months high, while the MDAX index added 1.09%, and the TecDAX index gained 0.07%.

The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 2.88% or 0.197 points to trade at 7.049 at the close. Meanwhile, Bayerische Motoren Werke AG (DE:BMWG) added 2.65% or 1.720 points to end at 66.630 and Fresenius SE & Co KGAA O.N. (DE:FREG) was up 2.56% or 1.080 points to 43.290 in late trade.

The worst performers of the session were Wirecard AG (DE:WDIG), which fell 12.80% or 17.925 points to trade at 122.075 at the close. MTU Aero Engines NA O.N. (DE:MTXGn) declined 2.58% or 6.30 points to end at 238.00 and Henkel & Co KGaA AG Pref (DE:HNKG_p) was down 0.77% or 0.72 points to 92.76.

The top performers on the MDAX were Siltronic AG (DE:WAFGn) which rose 5.01% to 77.200, Drillisch AG (DE:DRIG) which was up 4.83% to settle at 31.240 and Gerresheimer AG (DE:GXIG) which gained 4.29% to close at 65.700.

The worst performers were Rheinmetall AG (DE:RHMG) which was down 3.30% to 107.100 in late trade, MTU Aero Engines NA O.N. (DE:MTXGn) which lost 2.58% to settle at 238.00 and Hugo Boss AG NA O.N. (DE:BOSSn) which was down 2.15% to 36.790 at the close.

The top performers on the TecDAX were Draegerwerk VZO O.N. (DE:DRWG_p) which rose 11.54% to 53.250, Siltronic AG (DE:WAFGn) which was up 5.01% to settle at 77.200 and Drillisch AG (DE:DRIG) which gained 4.83% to close at 31.240.

The worst performers were Wirecard AG (DE:WDIG) which was down 12.80% to 122.075 in late trade, Medigene NA O.N. (DE:MDG1k) which lost 1.81% to settle at 5.970 and SLM Solutions Group AG (DE:AM3D) which was down 1.24% to 14.28 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 428 to 231 and 92 ended unchanged.

Shares in Hugo Boss AG NA O.N. (DE:BOSSn) fell to 5-year lows; losing 2.15% or 0.810 to 36.790.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.37% to 14.84.

Gold Futures for December delivery was down 0.92% or 13.75 to $1483.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.13% or 0.07 to hit $53.52 a barrel, while the December Brent oil contract rose 0.12% or 0.07 to trade at $59.42 a barrel.

EUR/USD was down 0.09% to 1.1018, while EUR/GBP fell 1.23% to 0.8638.

The US Dollar Index Futures was down 0.04% at 98.127.

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