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Germany stocks higher at close of trade; DAX up 0.99%

Published 11/08/2015, 02:15 am
Updated 11/08/2015, 02:16 am
© Reuters.  Germany stocks higher at close of trade; DAX up 0.99%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Insurance, Telecoms and Software sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.99%, while the MDAX index climbed 0.68%, and the TecDAX index climbed 1.33%.

The best performers of the session on the DAX were Allianz SE VNA O.N. (XETRA:ALVG), which rose 2.64% or 4.050 points to trade at 157.300 at the close. Meanwhile, Deutsche Telekom AG Na (XETRA:DTEGn) added 1.99% or 0.335 points to end at 17.200 and Siemens AG NA (XETRA:SIEGn) was up 1.72% or 1.710 points to 100.900 in late trade.

The worst performers of the session were E.ON SE NA (XETRA:EONGn), which fell 0.58% or 0.070 points to trade at 12.015 at the close. Bayer AG NA (XETRA:BAYGN) added 0.22% or 0.300 points to end at 134.650 and Merck KGAA O.N. (XETRA:MRCG) was up 0.26% or 0.240 points to 91.020.

The top performers on the MDAX were Kloeckner & Co SE NA (XETRA:KCOGn) which rose 2.07% to 8.676, Duerr AG O.N. (XETRA:DUEG) which was up 1.96% to settle at 81.060 and Brenntag AG (XETRA:BNRGn) which gained 1.94% to close at 55.760.

The worst performers were Fraport AG (XETRA:FRAG) which was down 1.07% to 57.090 in late trade, Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) which lost 0.84% to settle at 14.125 and Talanx AG NA O.N. (XETRA:TLXGn) which was down 0.63% to 29.115 at the close.

The top performers on the TecDAX were Evotec AG O.N. (XETRA:EVTG) which rose 5.24% to 3.855, Xing AG (XETRA:OBCGn) which was up 4.40% to settle at 175.650 and Bechtle AG O.N. (XETRA:BC8G) which gained 4.12% to close at 81.410.

The worst performers were Pfeiffer Vacuum Technology O.N. (XETRA:PV) which was down 2.87% to 86.760 in late trade, QSC AG NA O.N. (XETRA:QSCG) which lost 2.24% to settle at 1.918 and PSI AG F.Pr.U.Sys. NA (XETRA:PSAGn) which was down 2.08% to 12.450 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 507 to 235 and 42 ended unchanged.

Shares in Xing AG (XETRA:OBCGn) rose to all time highs; gaining 4.40% or 7.400 to 175.650. Shares in Bechtle AG O.N. (XETRA:BC8G) rose to all time highs; up 4.12% or 3.220 to 81.410.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.52% to 17.07.

Gold for December delivery was up 1.12% or 12.30 to $1106.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.94% or 0.85 to hit $44.72 a barrel, while the October Brent oil contract rose 3.00% or 1.48 to trade at $50.72 a barrel.

EUR/USD was up 0.31% to 1.0998, while EUR/GBP fell 0.24% to 0.7063.

The US Dollar Index was down 0.30% at 97.37.

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