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Germany shares higher at close of trade; DAX up 0.43%

Published 10/05/2017, 02:15 am
© Reuters.  Germany shares higher at close of trade; DAX up 0.43%
DE40
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DHLn
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EONGn
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NWOn
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Investing.com – Germany equities were higher at the close on Tuesday, as gains in the Utilities, Food & Beverages and Media sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.43% to hit a new all time high, while the MDAX index added 0.34%, and the TecDAX index gained 0.64%.

The biggest gainers of the session on the DAX were E.ON SE NA (DE:EONGn), which rose 4.31% or 0.306 points to trade at 7.398 at the close. RWE AG ST O.N. (DE:RWEG) added 1.37% or 0.210 points to end at 15.565 and Thyssenkrupp AG O.N. (DE:TKAG) was up 1.19% or 0.265 points to 22.445 in late trade.

Biggest losers included Muench. Rueckvers. VNA O.N. (DE:MUVGn), which lost 1.58% or 2.85 points to trade at 177.20 in late trade. Deutsche Post AG NA O.N. (DE:DPWGn) declined 0.74% or 0.245 points to end at 32.850 and Volkswagen AG VZO O.N. (DE:VOWG_p) shed 0.72% or 1.05 points to 144.25.

The top performers on the MDAX were Suedzucker AG (DE:SZUG) which rose 2.16% to 20.075, Evonik Industries AG (DE:EVKn) which was up 2.06% to settle at 31.530 and Axel Springer SE (DE:SPRGn) which gained 2.01% to close at 53.730.

The worst performers were Fraport AG (DE:FRAG) which was down 2.49% to 72.350 in late trade, Schaeffler AG Pref (DE:SHA_p) which lost 1.77% to settle at 15.56 and Zalando SE (DE:ZALG) which was down 1.39% to 40.53 at the close.

The top performers on the TecDAX were Draegerwerk VZO O.N. (DE:DRWG_p) which rose 5.40% to 105.400, SMA Solar Technology AG (DE:S92G) which was up 4.61% to settle at 25.625 and Xing AG (DE:OBCGn) which gained 2.74% to close at 211.50.

The worst performers were Slm Solution G (DE:AM3D) which was down 1.41% to 38.45 in late trade, Medigene NA O.N. (DE:MDG1k) which lost 0.98% to settle at 10.645 and Drillisch AG (DE:DRIG) which was down 0.76% to 49.225 at the close.

Advancing stocks outnumbered falling ones by 498 to 248 and 29 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.10% to 12.96 a new 1-month low.

In commodities trading, Gold Futures for June delivery was down 0.74% or 9.04 to $1218.06 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.93% or 0.43 to hit $46.00 a barrel, while the July Brent oil contract fell 0.87% or 0.43 to trade at $48.91 a barrel.

EUR/USD was down 0.43% to 1.0877, while EUR/GBP fell 0.43% to 0.8404.

The US Dollar Index Futures was up 0.44% at 99.47.

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