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Germany shares higher at close of trade; DAX up 1.85%

Published 24/06/2016, 02:15 am
© Reuters.  Germany shares higher at close of trade; DAX up 1.85%
DE40
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ADSGN
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CBKG
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MRCG
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LING
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TKAG
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SZGG
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SDFGn
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LEOGn
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MORG
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1U1
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CXPEX
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CXPTX
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CXPUX
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MDAXI
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TECDAX
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V1XI
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GFTG
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RIB
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SATG_p
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DWNG
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FIEG
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TLXGn
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VNAn
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AM3D
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Investing.com – Germany equities were higher at the close on Thursday, as gains in the Basic Resources, Utilities and Telecoms sectors propelled shares higher.

At the close in Frankfurt, the DAX added 1.85%, while the MDAX index gained 1.35%, and the TecDAX index added 0.93%.

The biggest gainers of the session on the DAX were Thyssenkrupp AG O.N. (DE:TKAG), which rose 5.07% or 0.960 points to trade at 19.890 at the close. Commerzbank AG O.N. (DE:CBKG) added 4.21% or 0.288 points to end at 7.127 and Linde AG O.N. (DE:LING) was up 3.57% or 4.550 points to 132.000 in late trade.

Biggest losers included Adidas AG NA O.N. (DE:ADSGN), which lost 0.24% or 0.300 points to trade at 123.500 in late trade. Vonovia SE (DE:VNAn) added 0.05% or 0.01 points to end at 31.80 and Merck KGAA O.N. (DE:MRK) gained 0.39% or 0.350 points to 90.090.

The top performers on the MDAX were K+S AG NA O.N. (DE:SDFGn) which rose 5.91% to 22.235, Leoni AG NA O.N. (DE:LEOGn) which was up 5.09% to settle at 30.475 and Salzgitter AG O.N. (DE:SZGG) which gained 4.68% to close at 27.380.

The worst performers were Talanx AG NA O.N. (DE:TLXGn) which was down 1.38% to 28.195 in late trade, Deutsche Wohnen AG Inh (DE:DWNG) which lost 0.83% to settle at 29.315 and Fielmann AG O.N. (DE:FIEG) which was down 0.74% to 64.430 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (DE:SATG_p) which rose 3.25% to 64.870, RIB Software AG Na (DE:RIB) which was up 2.68% to settle at 8.651 and GFT Technologies AG (DE:GFTG) which gained 2.21% to close at 21.525.

The worst performers were Slm Solution G (DE:AM3D) which was down 2.98% to 23.44 in late trade, Drillisch AG O.N. (DE:DRIG) which lost 1.62% to settle at 37.330 and Morphosys AG O.N. (DE:MORG) which was down 1.24% to 37.570 at the close.

Advancing stocks outnumbered falling ones by 597 to 291 and 25 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 6.42% to 25.38.

In commodities trading, Gold for August delivery was down 0.32% or 4.10 to $1265.90 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.77% or 0.38 to hit $49.51 a barrel, while the August Brent oil contract rose 0.80% or 0.40 to trade at $50.28 a barrel.

EUR/USD was up 0.55% to 1.1359, while EUR/GBP fell 0.05% to 0.7672.

The US Dollar Index was down 0.34% at 93.49.

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