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Germany stocks higher at close of trade; DAX up 1.31%

Published 29/10/2015, 04:15 am
© Reuters.  Germany stocks higher at close of trade; DAX up 1.31%

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Pharmaceuticals & Healthcare, Transportation & Logistics and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX added 1.31% to hit a new 1-month high, while the MDAX index climbed 1.32%, and the TecDAX index gained 1.55%.

The best performers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which rose 3.99% or 4.200 points to trade at 109.350 at the close. Meanwhile, Thyssenkrupp AG O.N. (DE:TKAG) added 2.43% or 0.440 points to end at 18.560 and Merck KGAA O.N. (DE:MRCG) was up 2.21% or 1.860 points to 85.950 in late trade.

The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 1.32% or 0.155 points to trade at 11.610 at the close. K+S AG NA O.N. (DE:SDFGn) declined 0.55% or 0.135 points to end at 24.205 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 0.42% or 0.115 points to 27.475.

The top performers on the MDAX were Leoni AG NA O.N. (DE:LEOGn) which rose 6.86% to 37.475, Gerry Weber Internat.O.N. (DE:GWIG) which was up 3.11% to settle at 15.400 and Kuka AG (DE:KU2G) which gained 3.00% to close at 76.510.

The worst performers were Suedzucker Mannheim Ochsenfurt AG (DE:SZUG) which was down 2.43% to 17.100 in late trade, Tui AG NA (DE:TUIGn) which lost 0.81% to settle at 16.570 and Krones AG O.N. (DE:KRNG) which was down 0.51% to 107.100 at the close.

The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 7.04% to 34.070, Adva Optical Networking SE (DE:ADAG) which was up 6.41% to settle at 9.849 and QSC AG NA O.N. (DE:QSCG) which gained 3.94% to close at 1.634.

The worst performers were CompuGroup Medical AG O.N. (DE:COPMa) which was down 3.50% to 27.445 in late trade, Xing AG (DE:OBCGn) which lost 2.05% to settle at 176.800 and Nemetschek AG O.N. (DE:NEKG) which was down 1.56% to 36.870 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 457 to 220 and 37 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.45% to 19.78.

Gold for December delivery was up 1.06% or 12.30 to $1178.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 6.11% or 2.64 to hit $45.84 a barrel, while the December Brent oil contract rose 4.82% or 2.25 to trade at $49.06 a barrel.

EUR/USD was up 0.24% to 1.1072, while EUR/GBP rose 0.03% to 0.7222.

The US Dollar Index was down 0.37% at 96.66.

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