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Germany stocks higher at close of trade; DAX up 1.36%

Published 01/25/2019, 12:15 PM
Updated 01/25/2019, 12:16 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.36%
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Investing.com – Germany stocks were higher after the close on Friday, as gains in the Basic Resources, Technology and Media sectors led shares higher.

At the close in Frankfurt, the DAX rose 1.36% to hit a new 1-month high, while the MDAX index climbed 1.06%, and the TecDAX index climbed 0.99%.

The best performers of the session on the DAX were Covestro AG (DE:1COV), which rose 4.92% or 2.230 points to trade at 47.590 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:VOWG_p) added 4.19% or 6.10 points to end at 151.64 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 3.95% or 0.309 points to 8.131 in late trade.

The worst performers of the session were Deutsche Telekom AG Na (DE:DTEGn), which fell 0.67% or 0.095 points to trade at 14.095 at the close. Muench. Rueckvers. VNA O.N. (DE:MUVGn) declined 0.66% or 1.30 points to end at 196.00 and Beiersdorf AG O.N. (DE:BEIG) was down 0.37% or 0.320 points to 85.200.

The top performers on the MDAX were Wacker Chemie O.N. (DE:WCHG) which rose 5.36% to 92.40, Aurubis AG (DE:NAFG) which was up 5.22% to settle at 49.000 and Siltronic AG (DE:WAFGn) which gained 5.19% to close at 90.000.

The worst performers were Uniper SE (DE:UN01) which was down 1.82% to 24.820 in late trade, Symrise AG Inh. O.N. (DE:SY1G) which lost 1.26% to settle at 71.900 and Hannover Rueck SE (DE:HNRGn) which was down 1.16% to 127.80 at the close.

The top performers on the TecDAX were Corestate Capital Holding SA (DE:CCAG) which rose 5.70% to 31.5000, Dr. Hoenle AG O.N. (DE:HNLG) which was up 5.66% to settle at 50.400 and Leoni AG (DE:LEOGn) which gained 5.25% to close at 34.090.

The worst performers were Zooplus AG (DE:ZO1G) which was down 2.26% to 112.30 in late trade, CompuGroup Medical AG O.N. (DE:COPMa) which lost 2.13% to settle at 43.240 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 1.76% to 46.920 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 502 to 205 and 72 ended unchanged.

Shares in Beiersdorf AG O.N. (DE:BEIG) fell to 52-week lows; falling 0.37% or 0.320 to 85.200. Shares in Zooplus AG (DE:ZO1G) fell to 52-week lows; down 2.26% or 2.60 to 112.30.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.89% to 16.55.

Gold Futures for February delivery was up 1.39% or 17.85 to $1297.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.79% or 0.42 to hit $53.55 a barrel, while the March Brent oil contract rose 0.64% or 0.39 to trade at $61.48 a barrel.

EUR/USD was up 0.88% to 1.1404, while EUR/GBP rose 0.15% to 0.8664.

The US Dollar Index Futures was down 0.76% at 95.565.

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