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Germany stocks higher at close of trade; DAX up 1.53%

Published 17/07/2015, 02:15 am
© Reuters.  Germany stocks higher at close of trade; DAX up 1.53%

Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Software, Industrials and Utilities sectors led shares higher.

At the close in Frankfurt, the DAX gained 1.53% to hit a new 1-month high, while the MDAX index added 1.54%, and the TecDAX index climbed 1.24%.

The best performers of the session on the DAX were Continental AG O.N. (XETRA:CONG), which rose 2.92% or 6.100 points to trade at 214.850 at the close. Meanwhile, Bay.Motoren Werke AG ST (XETRA:BMWG) added 2.34% or 2.190 points to end at 95.740 and Adidas AG NA O.N. (XETRA:ADSGN) was up 2.26% or 1.580 points to 71.600 in late trade.

The worst performers of the session were Lanxess AG (XETRA:LXSG), which rose 0.38% or 0.210 points to trade at 55.560 at the close. Heidelbergcement AG O.N. (XETRA:HEIG) added 0.57% or 0.410 points to end at 72.770 and Linde AG O.N. (XETRA:LING) was up 0.67% or 1.200 points to 180.150.

The top performers on the MDAX were Duerr AG O.N. (XETRA:DUEG) which rose 6.29% to 89.070, Leoni AG NA O.N. (XETRA:LEOGn) which was up 4.92% to settle at 60.540 and Gagfah SA Nom. (XETRA:GFJG) which gained 4.35% to close at 14.400.

The worst performers were Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) which was down 0.34% to 16.140 in late trade, Symrise AG Inh. O.N. (XETRA:SY1G) which lost 0.15% to settle at 58.940 and Aurubis AG (XETRA:NAFG) which was up 0.04% to 53.250 at the close.

The top performers on the TecDAX were LPKF Laser & Electronics (XETRA:LPKG) which rose 8.99% to 8.818, Adva Optical Networking SE (XETRA:ADAG) which was up 5.60% to settle at 9.940 and Evotec AG O.N. (XETRA:EVTG) which gained 3.96% to close at 3.462.

The worst performers were Draegerwerk VZO O.N. (XETRA:DRWG_p) which was down 8.76% to 90.310 in late trade, SMA Solar Technology AG (XETRA:S92G) which lost 5.78% to settle at 31.800 and Dialog Semiconductor (XETRA:DLGS) which was down 0.93% to 52.060 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 627 to 134 and 30 ended unchanged.

Shares in Adva Optical Networking SE (XETRA:ADAG) rose to all time highs; up 5.60% or 0.527 to 9.940.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.89% to 18.36 a new 3-months low.

Gold for August delivery was down 0.34% or 3.90 to $1143.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.43% or 0.22 to hit $51.19 a barrel, while the September Brent oil contract rose 0.20% or 0.12 to trade at $57.23 a barrel.

EUR/USD was down 0.56% to 1.0889, while EUR/GBP fell 0.34% to 0.6978.

The US Dollar Index was up 0.43% at 97.70.

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