Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Germany shares higher at close of trade; DAX up 0.51%

Published 07/08/2018, 05:35 pm
© Reuters.  Germany shares higher at close of trade; DAX up 0.51%
DE40
-
DHLn
-
MBGn
-
CBKG
-
TKAG
-
BEIG
-
DRWG_p
-
NAFG
-
PV
-
LEOGn
-
BOSSn
-
CXPEX
-
CXPHX
-
CXPLX
-
MDAXI
-
TECDAX
-
V1XI
-
NWOn
-
KTN
-
MDG1k
-
O2Dn
-
ZALG
-
SHA
-
DHER
-
LIN1
-

Investing.com – Germany equities were higher at the close on Thursday, as gains in the Transportation & Logistics, Basic Resources and Technology sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.51%, while the MDAX index added 0.22%, and the TecDAX index added 0.22%.

The biggest gainers of the session on the DAX were Deutsche Post AG NA O.N. (DE:DPWGn), which rose 1.56% or 0.460 points to trade at 30.010 at the close. Daimler AG NA O.N. (DE:DAIGn) added 1.28% or 0.745 points to end at 58.995 and Linde AG 1 (DE:LIN1) was up 1.29% or 2.5000 points to 197.0000 in late trade.

Biggest losers included Commerzbank AG O.N. (DE:CBKG), which lost 3.15% or 0.282 points to trade at 8.664 in late trade. Beiersdorf AG O.N. (DE:BEIG) declined 2.63% or 2.640 points to end at 97.760 and Thyssenkrupp AG O.N. (DE:TKAG) shed 0.21% or 0.045 points to 21.625.

The top performers on the MDAX were Schaeffler AG Pref (DE:SHA_p) which rose 6.65% to 12.12, Delivery Hero AG (DE:DHER) which was up 2.00% to settle at 48.00 and Aurubis AG (DE:NAFG) which gained 1.36% to close at 69.900.

The worst performers were Zalando SE (DE:ZALG) which was down 6.10% to 45.08 in late trade, Leoni AG (DE:LEOGn) which lost 0.63% to settle at 42.630 and Hugo Boss AG NA O.N. (DE:BOSSn) which was down 0.62% to 70.360 at the close.

The top performers on the TecDAX were S&T AG (DE:SANT1) which rose 1.92% to 26.60, Xing AG (DE:OBCGn) which was up 1.88% to settle at 298.00 and Medigene NA O.N. (DE:MDG1k) which gained 1.43% to close at 12.800.

The worst performers were Telefonica Deutschland Holding AG (DE:O2Dn) which was down 3.79% to 3.658 in late trade, Draegerwerk VZO O.N. (DE:DRWG_p) which lost 1.01% to settle at 68.300 and Pfeiffer Vacuum Technology O.N. (DE:PV) which was down 0.90% to 126.45 at the close.

Advancing stocks outnumbered falling ones by 317 to 139 and 40 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.54% to 15.76.

In commodities trading, Gold Futures for December delivery was up 0.12% or 1.50 to $1219.20 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.30% or 0.21 to hit $69.22 a barrel, while the October Brent oil contract rose 0.49% or 0.36 to trade at $74.11 a barrel.

EUR/USD was up 0.16% to 1.1572, while EUR/GBP rose 0.06% to 0.8930.

The US Dollar Index Futures was down 0.13% at 95.07.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.