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Germany shares higher at close of trade; DAX up 0.40%

Published 27-07-2018, 09:45 pm
© Reuters.  Germany shares higher at close of trade; DAX up 0.40%
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Investing.com – Germany equities were higher at the close on Friday, as gains in the Telecoms, Media and Utilities sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.40% to hit a new 1-month high, while the MDAX index gained 0.12%, and the TecDAX index added 0.69%.

The biggest gainers of the session on the DAX were Linde AG 1 (DE:LIN1), which rose 2.64% or 5.5000 points to trade at 213.6000 at the close. Deutsche Lufthansa AG (DE:LHAG) added 2.09% or 0.450 points to end at 21.940 and Deutsche Telekom AG Na (DE:DTEGn) was up 2.02% or 0.280 points to 14.145 in late trade.

Biggest losers included BASF SE NA O.N. (DE:BASFN), which lost 2.69% or 2.280 points to trade at 82.340 in late trade. Deutsche Boerse AG (DE:DB1Gn) declined 1.74% or 2.000 points to end at 112.850 and Bayerische Motoren Werke AG (DE:BMWG) shed 0.58% or 0.480 points to 82.910.

The top performers on the MDAX were Osram Licht AG (DE:OSRn) which rose 3.35% to 37.30, Prosiebensat 1 Media AG (DE:PSMGn) which was up 2.89% to settle at 23.1100 and Metro Wholesale & Food Specialist AG (DE:B4B) which gained 2.83% to close at 10.3650.

The worst performers were Kion Group AG (DE:KGX) which was down 6.35% to 56.68 in late trade, Puma SE (DE:PUMG) which lost 3.54% to settle at 422.00 and Jungheinrich AG O.N.VZO (DE:JUNG_p) which was down 2.92% to 30.620 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 9.95% to 126.000, Cancom SE O.N. (DE:COKG) which was up 3.99% to settle at 49.500 and Telefonica Deutschland Holding AG (DE:O2Dn) which gained 3.56% to close at 3.813.

The worst performers were Qiagen NV (DE:QIA) which was down 1.16% to 31.460 in late trade, Wirecard AG (DE:WDIG) which lost 0.71% to settle at 161.900 and Xing AG (DE:OBCGn) which was down 0.50% to 296.00 at the close.

Advancing stocks outnumbered falling ones by 400 to 286 and 89 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.31% to 14.01.

In commodities trading, Gold Futures for August delivery was down 0.04% or 0.50 to $1225.20 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.43% or 0.30 to hit $69.31 a barrel, while the September Brent oil contract rose 0.17% or 0.13 to trade at $74.67 a barrel.

EUR/USD was up 0.06% to 1.1650, while EUR/GBP rose 0.06% to 0.8888.

The US Dollar Index Futures was down 0.07% at 94.50.

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