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Germany shares higher at close of trade; DAX up 0.66%

Published 02/11/2018, 16:15
© Reuters.  Germany shares higher at close of trade; DAX up 0.66%
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Investing.com – Germany equities were higher at the close on Friday, as gains in the Basic Resources, Media and Technology sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.66%, while the MDAX index added 0.85%, and the TecDAX index gained 0.19%.

The biggest gainers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 4.15% or 0.790 points to trade at 19.805 at the close. Covestro AG (DE:1COV) added 3.58% or 2.100 points to end at 60.740 and BASF SE NA O.N. (DE:BASFN) was up 2.88% or 1.950 points to 69.730 in late trade.

Biggest losers included Wirecard AG (DE:WDIG), which lost 6.15% or 9.975 points to trade at 152.325 in late trade. Fresenius SE & Co KGAA O.N. (DE:FREG) declined 2.34% or 1.320 points to end at 55.180 and Fresenius Medical Care KGAA ST (DE:FMEG) shed 1.65% or 1.140 points to 67.860.

The top performers on the MDAX were Wacker Chemie O.N. (DE:WCHG) which rose 5.38% to 91.42, Duerr AG (DE:DUEG) which was up 4.15% to settle at 32.910 and Kion Group AG (DE:KGX) which gained 3.83% to close at 54.26.

The worst performers were Aroundtown Property Holdings PLC (DE:AT1) which was down 2.46% to 7.145 in late trade, Siemens Healthineers AG (DE:SHLG) which lost 2.09% to settle at 36.16 and Uniper SE (DE:UN01) which was down 1.32% to 25.440 at the close.

The top performers on the TecDAX were Tele Columbus AG (DE:TC1n) which rose 9.78% to 3.42, Isra Vision O.N. (DE:ISRG) which was up 7.68% to settle at 40.65 and Stabilus (DE:STAB) which gained 5.37% to close at 65.70.

The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 18.19% to 12.32 in late trade, Dr. Hoenle AG O.N. (DE:HNLG) which lost 2.24% to settle at 69.800 and Carl Zeiss Meditec AG (DE:AFXG) which was down 1.62% to 72.650 at the close.

Advancing stocks outnumbered falling ones by 460 to 231 and 22 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.61% to 19.64.

In commodities trading, Gold Futures for December delivery was down 0.24% or 3.00 to $1233.00 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.61% or 0.39 to hit $63.30 a barrel, while the January Brent oil contract fell 0.11% or 0.08 to trade at $72.81 a barrel.

EUR/USD was down 0.26% to 1.1378, while EUR/GBP rose 0.11% to 0.8779.

The US Dollar Index Futures was up 0.30% at 96.37.

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