Germany shares higher at close of trade; DAX up 0.38%

  • Stock Market News
Germany shares higher at close of trade; DAX up 0.38%
Credit: © Reuters. – Germany equities were higher at the close on Monday, as gains in the Technology , Software and Transportation & Logistics sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.38%, while the MDAX index climbed 0.55%, and the TecDAX index added 0.61%.

The biggest gainers of the session on the DAX were Deutsche Lufthansa AG (DE: LHAG ), which rose 2.24% or 0.450 points to trade at 20.560 at the close. SAP SE (DE: SAPG ) added 1.94% or 1.930 points to end at 101.380 and Infineon Technologies AG NA O.N. (DE: IFXGn ) was up 1.49% or 0.320 points to 21.830 in late trade.

Biggest losers included E.ON SE NA (DE: EONGn ), which lost 1.52% or 0.151 points to trade at 9.780 in late trade. Volkswagen AG VZO O.N. (DE: VOWG_p ) declined 1.18% or 1.74 points to end at 146.00 and Thyssenkrupp AG O.N. (DE: TKAG ) shed 1.14% or 0.250 points to 21.760.

The top performers on the MDAX were Norma Group AG NA O.N. (DE: NOEJ ) which rose 3.56% to 58.250, Deutsche Pfandbriefbank AG (DE: PBBG ) which was up 2.91% to settle at 13.43 and Leoni AG (DE: LEOGn ) which gained 2.85% to close at 43.010.

The worst performers were CTS Eventim AG (DE: EVDG ) which was down 2.27% to 39.680 in late trade, Uniper SE (DE: UN01 ) which lost 1.34% to settle at 26.570 and Salzgitter AG (DE: SZGG ) which was down 1.18% to 38.380 at the close.

The top performers on the TecDAX were Aixtron SE (DE: AIXGn ) which rose 10.99% to 11.110, Dialog Semiconductor (DE: DLGS ) which was up 4.45% to settle at 14.425 and Draegerwerk VZO O.N. (DE: DRWG_p ) which gained 2.71% to close at 64.350.

The worst performers were Isra Vision O.N. (DE: ISRG ) which was down 5.34% to 54.90 in late trade, United Internet AG NA (DE: UTDI ) which lost 1.61% to settle at 49.030 and Jenoptik AG (DE: JENG ) which was down 1.15% to 30.920 at the close.

Advancing stocks outnumbered falling ones by 449 to 265 and 67 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 4.36% to 15.29.

In commodities trading, Gold Futures for August delivery was up 0.45% or 5.60 to $1261.40 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.45% or 0.33 to hit $73.47 a barrel, while the September Brent oil contract rose 1.02% or 0.79 to trade at $77.90 a barrel.

EUR/USD was up 0.03% to 1.1748, while EUR/GBP rose 0.49% to 0.8882.

The US Dollar Index Futures was up 0.06% at 93.82.

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

Error: File type not supported

Drop an image here or