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Germany stocks higher at close of trade; DAX up 1.85%

Published 12/03/2018, 12:15 PM
Updated 12/03/2018, 12:16 PM
© Reuters.  Germany stocks higher at close of trade; DAX up 1.85%
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Investing.com – Germany stocks were higher after the close on Monday, as gains in the Technology, Pharmaceuticals & Healthcare and Food & Beverages sectors led shares higher.

At the close in Frankfurt, the DAX rose 1.85%, while the MDAX index climbed 1.34%, and the TecDAX index climbed 2.13%.

The best performers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 5.19% or 6.925 points to trade at 140.375 at the close. Meanwhile, Bayerische Motoren Werke AG (DE:BMWG) added 4.78% or 3.450 points to end at 75.660 and Daimler AG NA O.N. (DE:DAIGn) was up 4.54% or 2.255 points to 51.950 in late trade.

The worst performers of the session were Vonovia SE (DE:VNAn), which fell 3.13% or 1.34 points to trade at 41.43 at the close. Deutsche Lufthansa AG (DE:LHAG) declined 1.35% or 0.290 points to end at 21.210 and Beiersdorf AG O.N. (DE:BEIG) was down 0.83% or 0.780 points to 93.760.

The top performers on the MDAX were Siltronic AG (DE:WAFGn) which rose 8.12% to 86.280, Rheinmetall AG (DE:RHMG) which was up 6.80% to settle at 87.360 and Hella KGaA Hueck & Co (DE:HLE) which gained 5.52% to close at 38.60.

The worst performers were LEG Immobilien AG (DE:LEGn) which was down 2.35% to 99.160 in late trade, Deutsche Wohnen AG (DE:DWNG) which lost 2.22% to settle at 41.400 and Grand City Properties SA (DE:GYC) which was down 2.21% to 20.34 at the close.

The top performers on the TecDAX were Wacker Neuson NA O.N. (DE:WACGn) which rose 7.16% to 18.850, Aumann AG (DE:AAGG) which was up 5.72% to settle at 41.6000 and SGL Carbon SE (DE:SGCG) which gained 5.30% to close at 9.340.

The worst performers were Shop Apotheke Europe NV (DE:SAEG) which was down 4.18% to 39.000 in late trade, Krones AG O.N. (DE:KRNG) which lost 4.01% to settle at 75.450 and ADO Properties SARL (DE:ADJ) which was down 2.88% to 46.60 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 513 to 207 and 61 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.73% to 18.15.

Gold Futures for February delivery was up 1.09% or 13.40 to $1239.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 3.32% or 1.69 to hit $52.62 a barrel, while the February Brent oil contract rose 2.88% or 1.71 to trade at $61.17 a barrel.

EUR/USD was up 0.37% to 1.1359, while EUR/GBP rose 0.44% to 0.8910.

The US Dollar Index Futures was down 0.38% at 96.822.

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