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

Published 08/16/2019, 01:15 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 Friday, as gains in the Food & Beverages, Technology and Pharmaceuticals & Healthcare sectors led shares higher.

At the close in Frankfurt, the DAX added 1.31%, while the MDAX index gained 1.77%, and the TecDAX index climbed 2.28%.

The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 4.71% or 0.277 points to trade at 6.160 at the close. Meanwhile, Wirecard AG (DE:WDIG) added 3.09% or 4.150 points to end at 138.650 and Bayer AG NA (DE:BAYGN) was up 2.59% or 1.63 points to 64.61 in late trade.

The worst performers of the session were Beiersdorf AG O.N. (DE:BEIG), which rose 0.05% or 0.050 points to trade at 110.000 at the close. Adidas AG (DE:ADSGN) added 0.23% or 0.60 points to end at 257.70 and RWE AG ST O.N. (DE:RWEG) was up 0.59% or 0.150 points to 25.570.

The top performers on the MDAX were United Internet AG NA (DE:UTDI) which rose 14.00% to 28.580, Drillisch AG (DE:DRIG) which was up 8.39% to settle at 24.020 and Commerzbank AG O.N. (DE:CBKG) which gained 5.95% to close at 5.001.

The worst performers were Deutsche Euroshop AG (DE:DEQGn) which was down 1.91% to 22.540 in late trade, K+S AG NA O.N. (DE:SDFGn) which lost 1.13% to settle at 13.610 and Evotec AG O.N. (DE:EVTG) which was down 0.55% to 18.895 at the close.

The top performers on the TecDAX were United Internet AG NA (DE:UTDI) which rose 14.00% to 28.580, Drillisch AG (DE:DRIG) which was up 8.39% to settle at 24.020 and Medigene NA O.N. (DE:MDG1k) which gained 5.71% to close at 5.650.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 9.24% to 8.890 in late trade, CompuGroup Medical AG O.N. (DE:COPMa) which lost 1.36% to settle at 50.600 and Evotec AG O.N. (DE:EVTG) which was down 0.55% to 18.895 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 527 to 148 and 78 ended unchanged.

Shares in Beiersdorf AG O.N. (DE:BEIG) rose to all time highs; gaining 0.05% or 0.050 to 110.000. Shares in Deutsche Euroshop AG (DE:DEQGn) fell to 5-year lows; down 1.91% or 0.440 to 22.540. Shares in K+S AG NA O.N. (DE:SDFGn) fell to 5-year lows; falling 1.13% or 0.155 to 13.610.

The DAX volatility index, which measures the implied volatility of DAX options, was down 11.06% to 21.30.

Gold Futures for December delivery was down 0.49% or 7.45 to $1523.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.37% or 0.20 to hit $54.67 a barrel, while the October Brent oil contract rose 0.50% or 0.29 to trade at $58.52 a barrel.

EUR/USD was down 0.13% to 1.1092, while EUR/GBP fell 0.65% to 0.9128.

The US Dollar Index Futures was up 0.05% at 98.055.

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