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

Germany shares higher at close of trade; DAX up 0.53%

Published 11/07/2018, 02:15 am
© Reuters.  Germany shares higher at close of trade; DAX up 0.53%
DE40
-
ADSGN
-
LHAG
-
DHLn
-
CBKG
-
AIR
-
CECG
-
TKAG
-
WCHG
-
DRWG_p
-
NDXG
-
AIXGn
-
BOSSn
-
CXPDX
-
CXPNX
-
CXPYX
-
MDAXI
-
TECDAX
-
V1XI
-
NOEJ
-
S92G
-
MDG1k
-
JENGn
-
1COVG
-
DHER
-

Investing.com – Germany equities were higher at the close on Tuesday, as gains in the Industrials, Media and Consumer & Cyclical sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 0.53%, while the MDAX index gained 1.03%, and the TecDAX index climbed 1.07%.

The biggest gainers of the session on the DAX were Covestro AG (DE:1COV), which rose 2.18% or 1.640 points to trade at 76.840 at the close. Adidas AG (DE:ADSGN) added 1.73% or 3.15 points to end at 185.00 and Deutsche Post AG NA O.N. (DE:DPWGn) was up 1.69% or 0.470 points to 28.290 in late trade.

Biggest losers included Commerzbank AG O.N. (DE:CBKG), which lost 1.38% or 0.118 points to trade at 8.461 in late trade. Deutsche Lufthansa AG (DE:LHAG) declined 1.12% or 0.230 points to end at 20.330 and Thyssenkrupp AG O.N. (DE:TKAG) shed 0.97% or 0.210 points to 21.550.

The top performers on the MDAX were Airbus Group SE (DE:AIRG) which rose 4.03% to 103.40, Wacker Chemie O.N. (DE:WCHG) which was up 3.80% to settle at 118.85 and Hugo Boss AG NA O.N. (DE:BOSSn) which gained 3.36% to close at 77.460.

The worst performers were Delivery Hero AG (DE:DHER) which was down 2.64% to 48.00 in late trade, Norma Group AG NA O.N. (DE:NOEJ) which lost 1.46% to settle at 57.400 and Metro AG (DE:MEOG) which was down 1.34% to 7.382 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 4.53% to 10.190, Draegerwerk VZO O.N. (DE:DRWG_p) which was up 3.96% to settle at 66.900 and Jenoptik AG (DE:JENG) which gained 3.95% to close at 32.140.

The worst performers were SMA Solar Technology AG (DE:S92G) which was down 3.92% to 33.820 in late trade, Medigene NA O.N. (DE:MDG1k) which lost 2.08% to settle at 12.710 and Aixtron SE (DE:AIXGn) which was down 1.67% to 10.920 at the close.

Advancing stocks outnumbered falling ones by 455 to 257 and 69 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 6.67% to 14.27.

In commodities trading, Gold Futures for August delivery was down 0.28% or 3.50 to $1256.10 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.07% or 0.05 to hit $73.80 a barrel, while the September Brent oil contract rose 0.82% or 0.64 to trade at $78.71 a barrel.

EUR/USD was down 0.18% to 1.1730, while EUR/GBP fell 0.17% to 0.8848.

The US Dollar Index Futures was up 0.18% at 93.97.

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.