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Germany stocks higher at close of trade; DAX up 1.31%

Published 03/29/2018, 12:15 PM
Updated 03/29/2018, 12:16 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.31%
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Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Basic Resources, Food & Beverages and Transportation & Logistics sectors led shares higher.

At the close in Frankfurt, the DAX added 1.31%, while the MDAX index climbed 0.96%, and the TecDAX index gained 0.48%.

The best performers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which rose 4.12% or 6.38 points to trade at 161.38 at the close. Meanwhile, Daimler AG NA O.N. (DE:DAIGn) added 4.03% or 2.670 points to end at 68.970 and Deutsche Lufthansa AG (DE:LHAG) was up 3.68% or 0.920 points to 25.940 in late trade.

The worst performers of the session were Linde AG O.N. (DE:LING), which fell 1.63% or 2.70 points to trade at 163.00 at the close. Commerzbank AG O.N. (DE:CBKG) declined 0.94% or 0.100 points to end at 10.544 and RWE AG ST O.N. (DE:RWEG) was down 0.59% or 0.120 points to 20.060.

The top performers on the MDAX were Aurubis AG (DE:NAFG) which rose 3.67% to 68.280, Jungheinrich AG O.N.VZO (DE:JUNG_p) which was up 3.33% to settle at 35.960 and Schaeffler AG Pref (DE:SHA_p) which gained 3.30% to close at 12.54.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was unchanged 1.75% to 0.22 in late trade, Uniper SE (DE:UN01) which lost 0.76% to settle at 24.750 and Bilfinger SE O.N. (DE:GBFG) which was down 0.54% to 37.000 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 10.77% to 91.000, Medigene NA O.N. (DE:MDG1k) which was up 7.20% to settle at 14.450 and Evotec AG O.N. (DE:EVTG) which gained 5.89% to close at 15.900.

The worst performers were RIB Software AG Na (DE:RIB) which was down 15.82% to 17.290 in late trade, S&T AG (F:SANT1) which lost 10.34% to settle at 18.290 and Dialog Semiconductor (DE:DLGS) which was down 3.53% to 19.295 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 479 to 211 and 79 ended unchanged.

Shares in Steinhoff International Holdings NV (DE:SNHG) unchanged to all time lows; unchanged 1.75% or 0.00 to 0.22. Shares in Nemetschek AG O.N. (DE:NEKG) rose to all time highs; rising 10.77% or 8.850 to 91.000. Shares in Dialog Semiconductor (DE:DLGS) fell to 3-years lows; falling 3.53% or 0.705 to 19.295.

The DAX volatility index, which measures the implied volatility of DAX options, was down 10.73% to 18.44.

Gold Futures for April delivery was down 0.06% or 0.80 to $1323.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.54% or 0.35 to hit $64.73 a barrel, while the June Brent oil contract rose 0.48% or 0.33 to trade at $69.09 a barrel.

EUR/USD was down 0.10% to 1.2297, while EUR/GBP rose 0.26% to 0.8767.

The US Dollar Index Futures was up 0.01% at 89.77.

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