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Germany shares higher at close of trade; DAX up 0.16%

Published 17/07/2018, 02:15 am
© Reuters.  Germany shares higher at close of trade; DAX up 0.16%
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Investing.com – Germany equities were higher at the close on Monday, as gains in the Food & Beverages, Technology and Transportation & Logistics sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.16%, while the MDAX index added 0.26%, and the TecDAX index gained 0.64%.

The biggest gainers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 7.08% or 0.680 points to trade at 10.287 at the close. Fresenius SE & Co KGAA O.N. (DE:FREG) added 1.80% or 1.200 points to end at 67.800 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 1.05% or 0.230 points to 22.150 in late trade.

Biggest losers included Heidelbergcement AG O.N. (DE:HEIG), which lost 0.96% or 0.680 points to trade at 70.280 in late trade. Volkswagen AG VZO O.N. (DE:VOWG_p) declined 0.89% or 1.28 points to end at 142.72 and Continental AG O.N. (DE:CONG) shed 0.74% or 1.50 points to 200.30.

The top performers on the MDAX were Rocket Internet (DE:RKET) which rose 2.24% to 30.16, Kion Group AG (DE:KGX) which was up 2.18% to settle at 63.86 and Wacker Chemie O.N. (DE:WCHG) which gained 1.70% to close at 116.95.

The worst performers were Metro Wholesale & Food Specialist AG (DE:B4B) which was down 2.20% to 10.2400 in late trade, Norma Group AG NA O.N. (DE:NOEJ) which lost 2.15% to settle at 56.850 and Metro AG (DE:MEOG) which was down 1.01% to 7.068 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 5.66% to 113.900, Dialog Semiconductor (DE:DLGS) which was up 4.90% to settle at 15.000 and Aixtron SE (DE:AIXGn) which gained 3.25% to close at 12.070.

The worst performers were Qiagen NV (DE:QIA) which was down 1.29% to 31.480 in late trade, Nordex SE O.N. (DE:NDXG) which lost 0.98% to settle at 9.720 and Xing AG (DE:OBCGn) which was down 0.87% to 283.50 at the close.

Advancing stocks outnumbered falling ones by 373 to 351 and 58 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.65% to 14.35.

In commodities trading, Gold Futures for August delivery was down 0.10% or 1.30 to $1239.90 a troy ounce. Meanwhile, Crude oil for delivery in September fell 4.02% or 2.81 to hit $67.14 a barrel, while the September Brent oil contract fell 4.38% or 3.30 to trade at $72.03 a barrel.

EUR/USD was up 0.20% to 1.1709, while EUR/GBP rose 0.23% to 0.8849.

The US Dollar Index Futures was down 0.17% at 94.28.

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