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

Germany stocks higher at close of trade; DAX up 1.30%

Published 08/21/2019, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.30%
DE40
-
SIEGn
-
CBKG
-
FMEG
-
DTEGn
-
SAPG
-
WDIG
-
DRWG_p
-
UTDI
-
LEOGn
-
EONGn
-
CXPFX
-
CXPRX
-
CXPSX
-
MDAXI
-
TECDAX
-
V1XI
-
EVTG
-
NWOn
-
NEKG
-
JENGn
-
SPRGn
-
B4B
-

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Food & Beverages, Software and Retail sectors led shares higher.

At the close in Frankfurt, the DAX added 1.30%, while the MDAX index climbed 1.88%, and the TecDAX index gained 1.86%.

The best performers of the session on the DAX were SAP SE (DE:SAPG), which rose 2.81% or 3.000 points to trade at 109.860 at the close. Meanwhile, Wirecard AG (DE:WDIG) added 2.59% or 3.650 points to end at 144.650 and Siemens AG Class N (DE:SIEGn) was up 2.18% or 1.90 points to 89.12 in late trade.

The worst performers of the session were Fresenius Medical Care KGAA ST (DE:FMEG), which fell 0.79% or 0.480 points to trade at 60.040 at the close. Deutsche Telekom AG Na (DE:DTEGn) declined 0.56% or 0.084 points to end at 14.880 and E.ON SE NA (DE:EONGn) was down 0.32% or 0.026 points to 8.184.

The top performers on the MDAX were Leoni AG (DE:LEOGn) which rose 9.92% to 9.620, Evotec AG O.N. (DE:EVTG) which was up 6.08% to settle at 19.540 and Nemetschek AG O.N. (DE:NEKG) which gained 4.73% to close at 49.560.

The worst performers were Commerzbank AG O.N. (DE:CBKG) which was down 0.51% to 4.930 in late trade, Metro Wholesale & Food Specialist AG (DE:B4B) which lost 0.38% to settle at 14.2900 and Axel Springer SE (DE:SPRGn) which was unchanged 0.00% to 63.050 at the close.

The top performers on the TecDAX were Evotec AG O.N. (DE:EVTG) which rose 6.08% to 19.540, Nemetschek AG O.N. (DE:NEKG) which was up 4.73% to settle at 49.560 and United Internet AG NA (DE:UTDI) which gained 3.64% to close at 28.750.

The worst performers were New Work SE (DE:NWOn) which was down 2.11% to 278.00 in late trade, Draegerwerk VZO O.N. (DE:DRWG_p) which lost 0.76% to settle at 41.760 and Jenoptik AG (DE:JENGn) which was down 0.71% to 21.000 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 478 to 191 and 90 ended unchanged.

Shares in E.ON SE NA (DE:EONGn) fell to 52-week lows; down 0.32% or 0.026 to 8.184. Shares in Jenoptik AG (DE:JENGn) fell to 52-week lows; falling 0.71% or 0.150 to 21.000.

The DAX volatility index, which measures the implied volatility of DAX options, was down 9.21% to 17.35.

Gold Futures for December delivery was up 0.01% or 0.15 to $1515.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.07% or 0.04 to hit $56.17 a barrel, while the October Brent oil contract rose 0.98% or 0.59 to trade at $60.62 a barrel.

EUR/USD was up 0.00% to 1.1099, while EUR/GBP rose 0.25% to 0.9141.

The US Dollar Index Futures was down 0.01% at 98.053.

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.