Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

Germany shares higher at close of trade; DAX up 2.23%

Published 19/05/2015, 17:15
© Reuters.  Germany shares higher at close of trade; DAX up 2.23%

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

At the close in Frankfurt, the DAX rose 2.23%, while the MDAX index added 1.84%, and the TecDAX index climbed 2.66%.

The biggest gainers of the session on the DAX were Volkswagen AG VZO O.N. (XETRA:VOWG_p), which rose 4.88% or 10.850 points to trade at 233.200 at the close. K & S AG NA O.N. (XETRA:SDFGN) added 3.91% or 1.150 points to end at 30.590 and Continental AG O.N. (XETRA:CONG) was up 3.78% or 8.050 points to 220.900 in late trade.

Biggest losers included Merck KGAA O.N. (XETRA:MRCG), which lost 1.66% or 1.700 points to trade at 100.550 in late trade. Thyssenkrupp AG O.N. (XETRA:TKAG) declined 0.14% or 0.035 points to end at 25.610 and Lufthansa AG VNA O.N. (XETRA:LHAG) gained 0.26% or 0.035 points to 13.725.

The top performers on the MDAX were Kuka AG (XETRA:KU2G) which rose 4.72% to 69.710, Deutsche Wohnen AG Inh (XETRA:DWNG) which was up 4.45% to settle at 24.890 and Hugo Boss AG NA O.N. (XETRA:BOSSn) which gained 3.82% to close at 108.800.

The worst performers were Gagfah SA Nom. (XETRA:GFJG) which was down 2.36% to 18.600 in late trade, Brenntag AG (XETRA:BNRGn) which lost 1.22% to settle at 56.500 and Kloeckner & Co SE NA (XETRA:KCOGn) which was down 0.80% to 8.210 at the close.

The top performers on the TecDAX were United Internet AG NA (XETRA:UTDI) which rose 7.92% to 44.570, BB Biotech AG (XETRA:BIONn) which was up 5.97% to settle at 289.500 and Xing AG (XETRA:OBCGn) which gained 5.32% to close at 171.100.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were PSI AG F.Pr.U.Sys. NA (XETRA:PSAGn) which was down 1.83% to 11.295 in late trade, QSC AG NA O.N. (XETRA:QSCG) which lost 1.80% to settle at 1.960 and CompuGroup Medical AG O.N. (XETRA:COPMa) which was down 1.04% to 27.500 at the close.

Advancing stocks outnumbered falling ones by 583 to 152 and 32 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.42% to 20.03 a new 1-month low.

In commodities trading, Gold for June delivery was down 1.63% or 20.00 to $1207.60 a troy ounce. Meanwhile, Crude oil for delivery in July fell 3.09% or 1.86 to hit $58.38 a barrel, while the July Brent oil contract fell 2.86% or 1.90 to trade at $64.38 a barrel.

EUR/USD was down 1.49% to 1.1146, while EUR/GBP fell 0.62% to 0.7183.

The US Dollar Index was up 1.19% at 95.34.

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.