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Germany shares higher at close of trade; DAX up 2.40%

Published 10/06/2015, 17:15
Germany shares higher at close of trade; DAX up 2.40%
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Investing.com – Germany equities were higher at the close on Wednesday, as gains in the Construction, Chemicals and Transportation & Logistics sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 2.40%, while the MDAX index added 1.58%, and the TecDAX index climbed 1.92%.

The biggest gainers of the session on the DAX were Heidelbergcement AG O.N. (XETRA:HEIG), which rose 4.85% or 3.420 points to trade at 73.970 at the close. Bayer AG NA (XETRA:BAYGN) added 4.39% or 5.450 points to end at 129.700 and Lanxess AG (XETRA:LXSG) was up 3.75% or 1.855 points to 51.260 in late trade.

Biggest losers included Infineon Technologies AG NA O.N. (XETRA:IFXGn), which added 0.18% or 0.020 points to trade at 11.320 in late trade. Lufthansa AG VNA O.N. (XETRA:LHAG) added 0.65% or 0.080 points to end at 12.405 and SAP AG O.N. (XETRA:SAPG) gained 0.72% or 0.470 points to 65.300.

The top performers on the MDAX were Wincor Nixdorf O.N. (XETRA:WING) which rose 10.27% to 36.510, Rheinmetall AG (XETRA:RHMG) which was up 4.18% to settle at 48.795 and Leoni AG NA O.N. (XETRA:LEOGn) which gained 3.91% to close at 58.960.

The worst performers were Gerry Weber Internat.O.N. (XETRA:GWIG) which was down 30.58% to 20.530 in late trade, Aurubis AG (XETRA:NAFG) which lost 1.35% to settle at 53.510 and Brenntag AG (XETRA:BNRGn) which was down 0.50% to 51.240 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (XETRA:S92G) which rose 24.09% to 22.095, Xing AG (XETRA:OBCGn) which was up 5.01% to settle at 156.250 and Nordex SE O.N. (XETRA:NDXG) which gained 4.24% to close at 21.620.

The worst performers were Dialog Semiconductor (XETRA:DLGS) which was down 2.44% to 47.170 in late trade, PSI AG F.Pr.U.Sys. NA (XETRA:PSAGn) which lost 0.68% to settle at 11.020 and Adva Optical Networking SE (XETRA:ADAG) which was down 0.21% to 6.293 at the close.

Advancing stocks outnumbered falling ones by 567 to 169 and 37 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 23.65.

In commodities trading, Gold for August delivery was up 0.77% or 9.10 to $1186.70 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.05% or 0.63 to hit $60.77 a barrel, while the July Brent oil contract rose 0.64% or 0.41 to trade at $65.30 a barrel.

EUR/USD was up 0.14% to 1.1296, while EUR/GBP fell 0.59% to 0.7290.

The US Dollar Index was down 0.39% at 94.79.

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