Germany shares higher at close of trade; DAX up 1.09%

  • Stock Market News
Germany shares higher at close of trade; DAX up 1.09%
Credit: © Reuters. – Germany equities were higher at the close on Wednesday, as gains in the Basic Resources , Software and Pharmaceuticals & Healthcare sectors propelled shares higher.

At the close in Frankfurt, the DAX added 1.09%, while the MDAX index climbed 0.39%, and the TecDAX index climbed 1.08%.

The biggest gainers of the session on the DAX were Deutsche Lufthansa AG (DE: LHAG ), which rose 3.70% or 0.990 points to trade at 27.750 at the close. Fresenius SE & Co KGAA O.N. (DE: FREG ) added 3.21% or 2.020 points to end at 65.000 and Vonovia SE (DE: VNAn ) was up 2.79% or 1.04 points to 38.38 in late trade.

Biggest losers included Prosiebensat 1 Media AG (DE: PSMGn ), which lost 6.12% or 1.840 points to trade at 28.210 in late trade. Volkswagen AG VZO O.N. (DE: VOWG_p ) declined 0.64% or 1.00 points to end at 156.00 and Deutsche Telekom AG Na (DE: DTEGn ) shed 0.30% or 0.040 points to 13.160.

The top performers on the MDAX were Zalando SE (DE: ZALG ) which rose 3.26% to 45.90, Salzgitter AG (DE: SZGG ) which was up 2.77% to settle at 45.580 and Krones AG O.N. (DE: KRNG ) which gained 2.36% to close at 108.300.

The worst performers were Metro AG (DE: MEOG ) which was down 7.33% to 10.050 in late trade, Jungheinrich AG O.N.VZO (DE: JUNG_p ) which lost 4.43% to settle at 36.660 and Steinhoff International Holdings NV (DE: SNHG ) which was down 3.56% to 0.29 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE: RIB ) which rose 8.01% to 33.700, Sartorius AG VZO O.N. (DE: SATG_p ) which was up 4.67% to settle at 114.400 and Aixtron SE (DE: AIXGn ) which gained 3.65% to close at 16.315.

The worst performers were Pfeiffer Vacuum Technology O.N. (DE: PV ) which was down 5.61% to 137.15 in late trade, Nordex SE O.N. (DE: NDXG ) which lost 2.06% to settle at 9.120 and Evotec AG O.N. (DE: EVTG ) which was down 1.77% to 14.150 at the close.

Advancing stocks outnumbered falling ones by 422 to 303 and 73 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 1.38% to 19.64.

In commodities trading, Gold Futures for April delivery was down 0.63% or 8.40 to $1326.80 a troy ounce. Meanwhile, Crude oil for delivery in April fell 2.70% or 1.69 to hit $60.91 a barrel, while the May Brent oil contract fell 2.34% or 1.54 to trade at $64.25 a barrel.

EUR/USD was down 0.07% to 1.2395, while EUR/GBP fell 0.01% to 0.8931.

The US Dollar Index Futures was up 0.15% at 89.69.

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

Error: File type not supported

Drop an image here or