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Germany stocks higher at close of trade; DAX up 1.74%

Published 05/16/2019, 01:15 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.74%
DE40
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CONG
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DHLn
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IFXGn
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SAPG
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TKAG
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LEOGn
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MORG
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DLGS
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CXPCX
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CXPSX
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CXPTX
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MDAXI
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TECDAX
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V1XI
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NWOn
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COKG
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NEKG
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VOWG_p
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OSRn
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HLE
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PUMG
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LIN
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Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Software, Chemicals and Telecoms sectors led shares higher.

At the close in Frankfurt, the DAX gained 1.74%, while the MDAX index added 1.65%, and the TecDAX index climbed 2.02%.

The best performers of the session on the DAX were Thyssenkrupp AG O.N. (DE:TKAG), which rose 10.06% or 1.218 points to trade at 13.328 at the close. Meanwhile, Linde PLC (DE:LINI) added 3.95% or 6.400 points to end at 168.500 and SAP SE (DE:SAPG) was up 2.76% or 3.120 points to 116.080 in late trade.

The worst performers of the session were Deutsche Post AG NA O.N. (DE:DPWGn), which fell 1.78% or 0.515 points to trade at 28.405 at the close. Continental AG O.N. (DE:CONG) declined 1.39% or 1.82 points to end at 129.30 and Volkswagen AG VZO O.N. (DE:VOWG_p) was down 0.68% or 1.02 points to 148.10.

The top performers on the MDAX were Osram Licht AG (DE:OSRn) which rose 5.30% to 28.80, Nemetschek AG O.N. (DE:NEKG) which was up 4.97% to settle at 150.100 and Morphosys AG O.N. (DE:MORG) which gained 4.94% to close at 93.5000.

The worst performers were Hella KGaA Hueck & Co (DE:HLE) which was down 1.31% to 45.06 in late trade, Puma SE (DE:PUMG) which lost 1.28% to settle at 542.00 and Leoni AG (DE:LEOGn) which was down 0.92% to 15.080 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 4.97% to 150.100, Morphosys AG O.N. (DE:MORG) which was up 4.94% to settle at 93.500 and Cancom SE O.N. (DE:COKG) which gained 3.28% to close at 47.280.

The worst performers were Dialog Semiconductor (DE:DLGS) which was down 0.49% to 34.2900 in late trade, Infineon Technologies AG NA O.N. (DE:IFXGn) which gained 0.09% to settle at 18.216 and Xing AG (DE:OBCGn) which was up 0.15% to 343.50 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 505 to 198 and 73 ended unchanged.

Shares in Linde PLC (DE:LINI) rose to all time highs; up 3.95% or 6.400 to 168.500. Shares in SAP SE (DE:SAPG) rose to all time highs; gaining 2.76% or 3.120 to 116.080. Shares in Leoni AG (DE:LEOGn) fell to 5-year lows; falling 0.92% or 0.140 to 15.080.

The DAX volatility index, which measures the implied volatility of DAX options, was down 9.45% to 15.43.

Gold Futures for June delivery was down 0.88% or 11.45 to $1286.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.40% or 0.87 to hit $62.89 a barrel, while the July Brent oil contract rose 1.49% or 1.07 to trade at $72.84 a barrel.

EUR/USD was down 0.19% to 1.1179, while EUR/GBP rose 0.26% to 0.8737.

The US Dollar Index Futures was up 0.26% at 97.627.

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