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Germany shares higher at close of trade; DAX up 0.25%

Published 01/03/2019, 05:15 am
© Reuters.  Germany shares higher at close of trade; DAX up 0.25%
DE40
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LHAG
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IFXGn
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TKAG
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WDIG
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FREG
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FNTGn
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WCHG
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AIXGn
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CXPPX
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CXPRX
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CXPSX
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MDAXI
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TECDAX
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V1XI
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ISRG
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KTN
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RIB
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DUEG
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KGX
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ZALG
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PBBG
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1COV
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Investing.com – Germany equities were higher at the close on Thursday, as gains in the Retail, Pharmaceuticals & Healthcare and Software sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.25%, while the MDAX index added 0.56%, and the TecDAX index added 0.38%.

The biggest gainers of the session on the DAX were Covestro AG (DE:1COV), which rose 3.55% or 1.720 points to trade at 50.140 at the close. Wirecard AG (DE:WDIG) added 3.04% or 3.550 points to end at 120.500 and Fresenius SE & Co KGAA O.N. (DE:FREG) was up 2.68% or 1.290 points to 49.430 in late trade.

Biggest losers included Deutsche Lufthansa AG (DE:LHAG), which lost 2.18% or 0.500 points to trade at 22.450 in late trade. Thyssenkrupp AG O.N. (DE:TKAG) declined 1.28% or 0.170 points to end at 13.150 and Infineon Technologies AG NA O.N. (DE:IFXGn) shed 0.90% or 0.175 points to 19.305.

The top performers on the MDAX were Zalando SE (DE:ZALG) which rose 23.76% to 32.40, Duerr AG (DE:DUEG) which was up 7.60% to settle at 35.940 and Deutsche Pfandbriefbank AG (DE:PBBG) which gained 5.24% to close at 10.84.

The worst performers were Kion Group AG (DE:KGX) which was down 3.06% to 50.12 in late trade, Freenet AG NA (DE:FNTGn) which lost 2.32% to settle at 18.5150 and Wacker Chemie O.N. (DE:WCHG) which was down 2.28% to 90.06 at the close.

The top performers on the TecDAX were Isra Vision O.N. (DE:ISRG) which rose 16.88% to 37.05, RIB Software AG Na (DE:RIB) which was up 6.04% to settle at 12.810 and Wirecard AG (DE:WDIG) which gained 3.04% to close at 120.500.

The worst performers were Aixtron SE NA O.N. (DE:AIXGn) which was down 3.98% to 7.8580 in late trade, Freenet AG NA (DE:FNTGn) which lost 2.32% to settle at 18.515 and S&T AG (DE:SANT1) which was down 1.67% to 21.18 at the close.

Declining stocks outnumbered rising ones by 359 to 337 and 82 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.04% to 15.62.

In commodities trading, Gold Futures for April delivery was down 0.35% or 4.65 to $1316.55 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.30% or 0.17 to hit $57.11 a barrel, while the May Brent oil contract fell 0.44% or 0.29 to trade at $66.29 a barrel.

EUR/USD was up 0.14% to 1.1384, while EUR/GBP rose 0.47% to 0.8582.

The US Dollar Index Futures was down 0.01% at 96.032.

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