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Germany shares higher at close of trade; DAX up 1.42%

Published 03/09/2016, 02:15 am
© Reuters.  Germany shares higher at close of trade; DAX up 1.42%
DE40
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ADSGN
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FMEG
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IFXGn
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CECG
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WDIG
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SZGG
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RWEG
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AIXGn
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HEIG
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MORG
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EONGn
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DLGS
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CXPPX
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CXPRX
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CXPUX
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MDAXI
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TECDAX
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V1XI
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COP1n
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NEKG
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KU2G
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SNHJ
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OSRn
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1COV
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Investing.com – Germany equities were higher at the close on Friday, as gains in the Utilities, Pharmaceuticals & Healthcare and Retail sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 1.42%, while the MDAX index climbed 1.31%, and the TecDAX index climbed 1.21%.

The biggest gainers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 5.62% or 0.800 points to trade at 15.030 at the close. E.ON SE NA (DE:EONGn) added 3.77% or 0.302 points to end at 8.309 and Fresenius Medical Care KGAA ST (DE:FMEG) was up 3.11% or 2.420 points to 80.200 in late trade.

Biggest losers included Adidas AG NA O.N. (DE:ADSGN), which lost 1.59% or 2.350 points to trade at 145.450 in late trade. Heidelbergcement AG O.N. (DE:HEIG) declined 1.04% or 0.870 points to end at 82.550 and Infineon Technologies AG NA O.N. (DE:IFXGn) shed 0.53% or 0.080 points to 14.925.

The top performers on the MDAX were Metro AG ST O.N. (DE:MEOG) which rose 3.96% to 27.955, Steinhoff International Holdings NV (DE:SNHG) which was up 3.02% to settle at 5.50 and Salzgitter AG (DE:SZGG) which gained 2.99% to close at 28.255.

The worst performers were Covestro AG (DE:1COV) which was down 4.21% to 44.250 in late trade, Kuka AG (DE:KU2G) which lost 1.24% to settle at 97.500 and Osram Licht AG (F:OSRn) which was down 0.46% to 46.525 at the close.

The top performers on the TecDAX were CompuGroup Medical AG O.N. (DE:COPMa) which rose 3.13% to 39.505, Wirecard AG (DE:WDIG) which was up 3.00% to settle at 45.860 and Morphosys AG O.N. (DE:MORG) which gained 2.47% to close at 38.985.

The worst performers were Aixtron SE NA O.N. (DE:AIXGn) which was down 0.76% to 5.498 in late trade, Nemetschek AG O.N. (DE:NEKG) which lost 0.64% to settle at 54.150 and Dialog Semiconductor (DE:DLGS) which was down 0.54% to 31.240 at the close.

Advancing stocks outnumbered falling ones by 632 to 226 and 26 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 10.07% to 17.53 a new 52-week low.

In commodities trading, Gold for December delivery was up 0.43% or 5.65 to $1322.75 a troy ounce. Meanwhile, Crude oil for delivery in October rose 3.06% or 1.32 to hit $44.48 a barrel, while the November Brent oil contract rose 3.06% or 1.39 to trade at $46.84 a barrel.

EUR/USD was down 0.38% to 1.1154, while EUR/GBP fell 0.49% to 0.8389.

The US Dollar Index was up 0.27% at 95.92.

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