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

Published 09/07/2018, 17:15
© Reuters.  Germany shares higher at close of trade; DAX up 0.38%
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LHAG
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SAPG
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Investing.com – 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.

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