Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Germany stocks higher at close of trade; DAX up 1.16%

Published 12/04/2019, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.16%
DE40
-
BAYGN
-
DBKGn
-
MRCG
-
WDIG
-
DRWG_p
-
MTXGn
-
QIA
-
UTDI
-
CXPEX
-
CXPNX
-
CXPRX
-
MDAXI
-
TECDAX
-
V1XI
-
NWOn
-
DWNG
-
OSRn
-
AM3D
-
ZALG
-
WAFGn
-
VNAn
-

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Industrials, Retail and Basic Resources sectors led shares higher.

At the close in Frankfurt, the DAX rose 1.16%, while the MDAX index climbed 1.28%, and the TecDAX index gained 1.23%.

The best performers of the session on the DAX were Bayer AG NA (DE:BAYGN), which rose 2.44% or 1.65 points to trade at 69.32 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 2.21% or 0.140 points to end at 6.471 and MTU Aero Engines NA O.N. (DE:MTXGn) was up 2.02% or 5.00 points to 253.00 in late trade.

The worst performers of the session were Vonovia SE (DE:VNAn), which fell 0.94% or 0.44 points to trade at 46.26 at the close. Wirecard AG (DE:WDIG) declined 0.25% or 0.300 points to end at 118.000 and Merck KGaA (DE:MRCG) was down 0.14% or 0.15 points to 103.35.

The top performers on the MDAX were Siltronic AG (DE:WAFGn) which rose 7.64% to 79.220, Zalando SE (DE:ZALG) which was up 4.14% to settle at 42.05 and United Internet AG NA (DE:UTDI) which gained 3.61% to close at 30.440.

The worst performers were Osram Licht AG (DE:OSRn) which was down 2.12% to 38.30 in late trade, Deutsche Wohnen AG (DE:DWNG) which lost 1.04% to settle at 35.070 and Qiagen NV (DE:QIA) which was down 0.89% to 38.0100 at the close.

The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 7.64% to 79.220, Draegerwerk VZO O.N. (DE:DRWG_p) which was up 4.35% to settle at 56.350 and SLM Solutions Group AG (DE:AM3D) which gained 3.71% to close at 16.20.

The worst performers were New Work SE (DE:NWOn) which was down 1.72% to 285.50 in late trade, Qiagen NV (DE:QIA) which lost 0.89% to settle at 38.010 and Wirecard AG (DE:WDIG) which was down 0.25% to 118.000 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 512 to 169 and 70 ended unchanged.

Shares in SLM Solutions Group AG (DE:AM3D) rose to 52-week highs; rising 3.71% or 0.58 to 16.20.

The DAX volatility index, which measures the implied volatility of DAX options, was down 9.80% to 16.02.

Gold Futures for February delivery was down 0.31% or 4.55 to $1479.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 4.24% or 2.38 to hit $58.48 a barrel, while the February Brent oil contract rose 3.96% or 2.41 to trade at $63.23 a barrel.

EUR/USD was down 0.06% to 1.1075, while EUR/GBP fell 0.77% to 0.8460.

The US Dollar Index Futures was down 0.08% at 97.605.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.