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Germany shares higher at close of trade; DAX up 0.77%

Published 07/06/2019, 18:15
© Reuters.  Germany shares higher at close of trade; DAX up 0.77%
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BAYGN
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ADSGN
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AIR
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FMEG
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SAPG
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QIA
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EONGn
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CXPYX
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MDAXI
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NWOn
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HLE
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PUMG
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Investing.com – Germany equities were higher at the close on Friday, as gains in the Software, Utilities and Consumer & Cyclical sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 0.77%, while the MDAX index climbed 0.46%, and the TecDAX index added 0.96%.

The biggest gainers of the session on the DAX were SAP SE (DE:SAPG), which rose 2.10% or 2.340 points to trade at 113.720 at the close. Adidas AG (DE:ADSGN) added 1.82% or 4.75 points to end at 265.25 and E.ON SE NA (DE:EONGn) was up 1.74% or 0.170 points to 9.925 in late trade.

Biggest losers included Vonovia SE (DE:VNAn), which lost 1.69% or 0.77 points to trade at 44.72 in late trade. Bayer AG NA (DE:BAYGN) declined 0.79% or 0.42 points to end at 52.87 and Fresenius Medical Care KGAA ST (DE:FMEG) shed 0.27% or 0.180 points to 66.320.

The top performers on the MDAX were Dialog Semiconductor (DE:DLGS) which rose 4.48% to 30.100, Puma SE (DE:PUMG) which was up 2.96% to settle at 557.00 and Airbus Group SE (DE:AIRG) which gained 2.51% to close at 120.96.

The worst performers were Deutsche Wohnen AG (DE:DWNG) which was down 8.53% to 35.810 in late trade, Grand City Properties SA (DE:GYC) which lost 4.93% to settle at 21.62 and Hella KGaA Hueck & Co (DE:HLE) which was down 4.92% to 40.98 at the close.

The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 4.48% to 30.1000, Xing AG (DE:OBCGn) which was up 4.05% to settle at 360.00 and SAP SE (DE:SAPG) which gained 2.10% to close at 113.720.

The worst performers were Drillisch AG (DE:DRIG) which was down 2.10% to 27.060 in late trade, Freenet AG NA (DE:FNTGn) which lost 0.64% to settle at 17.210 and Qiagen NV (DE:QIA) which was down 0.38% to 34.450 at the close.

Advancing stocks outnumbered falling ones by 481 to 220 and 73 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.92% to 15.45.

In commodities trading, Gold Futures for August delivery was up 0.36% or 4.85 to $1347.55 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.90% or 1.00 to hit $53.59 a barrel, while the August Brent oil contract rose 1.95% or 1.20 to trade at $62.87 a barrel.

EUR/USD was up 0.60% to 1.1342, while EUR/GBP rose 0.22% to 0.8894.

The US Dollar Index Futures was down 0.56% at 96.455.

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