⏳ Final hours! Save up to 60% OFF InvestingProCLAIM SALE

Germany shares higher at close of trade; DAX up 1.60%

Published 07/02/2018, 17:15
© Reuters.  Germany shares higher at close of trade; DAX up 1.60%
DE40
-
ADSGN
-
LHAG
-
DBKGn
-
DB1Gn
-
MUVGn
-
WCHG
-
GBFG
-
AIXGn
-
DLGS
-
CXPDX
-
CXPVX
-
CXPYX
-
MDAXI
-
TECDAX
-
V1XI
-
EVDG
-
JUNG_p
-
PSMGn
-
MDG1k
-
ADVG
-
O2Dn
-
SNHJ
-
KGX
-
WAFGn
-

Investing.com – Germany equities were higher at the close on Wednesday, as gains in the Consumer & Cyclical, Financial Services and Media sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 1.60%, while the MDAX index climbed 2.56%, and the TecDAX index climbed 3.19%.

The biggest gainers of the session on the DAX were Adidas AG (DE:ADSGN), which rose 5.27% or 9.20 points to trade at 183.80 at the close. Prosiebensat 1 Media AG (DE:PSMGn) added 4.73% or 1.350 points to end at 29.900 and Deutsche Boerse AG (DE:DB1Gn) was up 4.13% or 4.200 points to 105.850 in late trade.

Biggest losers included Deutsche Bank AG NA O.N. (DE:DBKGn), which lost 0.44% or 0.058 points to trade at 13.110 in late trade. Deutsche Lufthansa AG (DE:LHAG) declined 0.25% or 0.070 points to end at 27.920 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) gained 0.06% or 0.10 points to 180.45.

The top performers on the MDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 7.87% to 0.44, Jungheinrich AG O.N.VZO (DE:JUNG_p) which was up 4.88% to settle at 39.540 and Kion Group AG (DE:KGX) which gained 4.62% to close at 73.44.

The worst performers were Wacker Chemie O.N. (DE:WCHG) which was down 1.07% to 148.55 in late trade, Bilfinger SE O.N. (DE:GBFG) which lost 0.62% to settle at 35.020 and CTS Eventim AG (DE:EVDG) which was down 0.25% to 39.800 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE:MDG1k) which rose 15.51% to 17.350, Aixtron SE (DE:AIXGn) which was up 8.78% to settle at 12.510 and Adva Optical Networking SE (DE:ADAG) which gained 7.00% to close at 6.650.

The worst performers were Siltronic AG (DE:WAFGn) which was up 0.32% to 123.500 in late trade, Dialog Semiconductor (DE:DLGS) which gained 0.64% to settle at 23.670 and Telefonica Deutschland Holding AG (DE:O2Dn) which was up 0.74% to 3.973 at the close.

Advancing stocks outnumbered falling ones by 668 to 99 and 35 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 18.99% to 20.70.

In commodities trading, Gold Futures for April delivery was down 0.67% or 8.90 to $1320.60 a troy ounce. Meanwhile, Crude oil for delivery in March fell 2.33% or 1.48 to hit $61.91 a barrel, while the April Brent oil contract fell 1.75% or 1.17 to trade at $65.69 a barrel.

EUR/USD was down 0.80% to 1.2277, while EUR/GBP fell 0.21% to 0.8853.

The US Dollar Index Futures was up 0.66% at 90.11.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.