Germany shares higher at close of trade; DAX up 0.41%

  • Stock Market News
Germany shares higher at close of trade; DAX up 0.41%
Credit: © Reuters. – Germany equities were higher at the close on Wednesday, as gains in the Telecoms , Basic Resources and Insurance sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.41%, while the MDAX index climbed 0.07%, and the TecDAX index climbed 0.26%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (DE: CBKG ), which rose 3.31% or 0.199 points to trade at 6.211 at the close. Deutsche Telekom AG Na (DE: DTEGn ) added 1.97% or 0.285 points to end at 14.785 and Infineon Technologies AG NA O.N. (DE: IFXGn ) was up 1.34% or 0.200 points to 15.155 in late trade.

Biggest losers included Vonovia SE (DE: VNAn ), which lost 1.37% or 0.47 points to trade at 33.75 in late trade. Henkel & Co KGaA AG Pref (DE: HNKG ) declined 0.99% or 1.200 points to end at 120.250 and Linde AG O.N. (DE: LING ) shed 0.69% or 1.000 points to 143.800.

The top performers on the MDAX were Covestro AG (DE: 1COV ) which rose 3.45% to 47.585, Krones AG O.N. (DE: KRNG ) which was up 2.69% to settle at 83.650 and Aurubis AG (DE: NAFG ) which gained 1.72% to close at 49.150.

The worst performers were Kuka AG (DE: KU2G ) which was down 2.11% to 86.000 in late trade, LEG Immobilien AG (DE: LEGn ) which lost 1.79% to settle at 85.560 and Deutsche Euroshop AG (DE: DEQGn ) which was down 1.65% to 40.280 at the close.

The top performers on the TecDAX were Telefonica Deutschland Holding AG (DE: O2Dn ) which rose 6.32% to 3.700, Suess Microtec NA O.N. (DE: SMHNn ) which was up 4.40% to settle at 6.528 and Evotec AG O.N. (DE: EVTG ) which gained 2.50% to close at 4.791.

The worst performers were Jenoptik AG (DE: JENG ) which was down 4.80% to 15.850 in late trade, SMA Solar Technology AG (DE: S92G ) which lost 1.49% to settle at 28.140 and Dialog Semiconductor (DE: DLGS ) which was down 1.37% to 34.275 at the close.

Advancing stocks outnumbered falling ones by 497 to 361 and 18 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 3.74% to 18.34.

In commodities trading, Gold for December delivery was up 1.01% or 13.35 to $1331.55 a troy ounce. Meanwhile, Crude oil for delivery in November rose 2.61% or 1.15 to hit $45.20 a barrel, while the November Brent oil contract rose 2.01% or 0.92 to trade at $46.80 a barrel.

EUR/USD was up 0.09% to 1.1161, while EUR/GBP rose 0.19% to 0.8600.

The US Dollar Index was down 0.22% at 95.76.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or


Related Articles