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Germany shares higher at close of trade; DAX up 0.49%

Published 23-11-2018, 10:45 pm
© Reuters.  Germany shares higher at close of trade; DAX up 0.49%
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Investing.com – Germany equities were higher at the close on Friday, as gains in the Food & Beverages, Transportation & Logistics and Media sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.49%, while the MDAX index gained 0.51%, and the TecDAX index gained 1.33%.

The biggest gainers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 2.85% or 0.580 points to trade at 20.910 at the close. Merck KGaA (DE:MRCG) added 1.53% or 1.48 points to end at 97.92 and Wirecard AG (DE:WDIG) was up 1.42% or 1.850 points to 131.950 in late trade.

Biggest losers included RWE AG ST O.N. (DE:RWEG), which lost 1.17% or 0.225 points to trade at 18.975 in late trade. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 0.75% or 0.062 points to end at 8.170 and Volkswagen AG VZO O.N. (DE:VOWG_p) shed 0.62% or 0.94 points to 150.98.

The top performers on the MDAX were Qiagen NV (DE:QIA) which rose 3.37% to 30.3700, Hugo Boss AG NA O.N. (DE:BOSSn) which was up 2.83% to settle at 62.540 and Stroeer SE (DE:SAXG) which gained 2.70% to close at 48.660.

The worst performers were GEA Group AG (DE:G1AG) which was down 9.83% to 23.490 in late trade, Salzgitter AG (DE:SZGG) which lost 2.68% to settle at 29.410 and Uniper SE (DE:UN01) which was down 1.47% to 24.150 at the close.

The top performers on the TecDAX were Shop Apotheke Europe NV (DE:SAEG) which rose 5.60% to 41.500, Hapag Lloyd AG (DE:HLAG) which was up 4.13% to settle at 30.2600 and Isra Vision O.N. (DE:ISRG) which gained 4.06% to close at 35.90.

The worst performers were SMA Solar Technology AG (DE:S92G) which was down 4.22% to 18.380 in late trade, Patrizia Immobilien AG (DE:PATGn) which lost 3.30% to settle at 16.690 and HelloFresh SE (DE:HFGG) which was down 3.24% to 8.65 at the close.

Advancing stocks outnumbered falling ones by 436 to 265 and 75 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.15% to 19.80.

In commodities trading, Gold Futures for December delivery was down 0.37% or 4.60 to $1223.40 a troy ounce. Meanwhile, Crude oil for delivery in January fell 6.81% or 3.72 to hit $50.91 a barrel, while the January Brent oil contract fell 6.10% or 3.82 to trade at $58.78 a barrel.

EUR/USD was down 0.60% to 1.1335, while EUR/GBP fell 0.12% to 0.8845.

The US Dollar Index Futures was up 0.25% at 96.828.

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