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Germany stocks higher at close of trade; DAX up 0.18%

Published 17/12/2015, 04:15 am
© Reuters.  Germany stocks higher at close of trade; DAX up 0.18%

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Utilities, Food & Beverages and Industrials sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.18%, while the MDAX index added 0.88%, and the TecDAX index climbed 0.19%.

The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 3.42% or 0.365 points to trade at 11.030 at the close. Meanwhile, E.ON SE NA (DE:EONGn) added 1.38% or 0.113 points to end at 8.312 and Bay.Motoren Werke AG ST (DE:BMWG) was up 0.84% or 0.800 points to 95.490 in late trade.

The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 3.00% or 0.405 points to trade at 13.080 at the close. Beiersdorf AG O.N. (DE:BEIG) declined 0.83% or 0.700 points to end at 83.860 and Merck KGAA O.N. (DE:MRCG) was down 0.78% or 0.690 points to 87.630.

The top performers on the MDAX were Leoni AG NA O.N. (DE:LEOGn) which rose 3.55% to 36.000, Elringklinger AG NA O.N. (DE:ZILGn) which was up 3.12% to settle at 22.635 and GEA Group AG (DE:G1AG) which gained 2.61% to close at 38.000.

The worst performers were Osram Licht (DE:OSRn) which was down 1.73% to 39.650 in late trade, Gerry Weber Internat.O.N. (DE:GWIG) which lost 1.61% to settle at 11.945 and Aurubis AG (DE:NAFG) which was down 1.18% to 47.620 at the close.

The top performers on the TecDAX were Carl Zeiss Meditec AG (DE:AFXG) which rose 6.99% to 27.305, SMA Solar Technology AG (DE:S92G) which was up 4.58% to settle at 47.220 and Kontron AG O.N. (DE:KBCG) which gained 4.46% to close at 2.977.

The worst performers were Dialog Semiconductor (DE:DLGS) which was down 4.84% to 30.070 in late trade, STRATEC Biomedical AG (DE:SBSG) which lost 3.13% to settle at 55.410 and Cancom SE O.N. (DE:COKG) which was down 2.92% to 41.525 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 452 to 230 and 31 ended unchanged.

Shares in Gerry Weber Internat.O.N. (DE:GWIG) fell to 5-year lows; falling 1.61% or 0.195 to 11.945.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.43% to 23.32.

Gold for February delivery was up 1.28% or 13.60 to $1075.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 3.99% or 1.49 to hit $35.86 a barrel, while the February Brent oil contract fell 2.70% or 1.04 to trade at $37.69 a barrel.

EUR/USD was up 0.00% to 1.0932, while EUR/GBP rose 0.25% to 0.7284.

The US Dollar Index was up 0.07% at 98.27.

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