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Germany shares higher at close of trade; DAX up 0.54%

Published 23/06/2018, 02:15 am
© Reuters.  Germany shares higher at close of trade; DAX up 0.54%
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BAYGN
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BMWG
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SZGG
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SOWGn
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Investing.com – Germany equities were higher at the close on Friday, as gains in the Pharmaceuticals & Healthcare, Insurance and Retail sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.54%, while the MDAX index gained 0.55%, and the TecDAX index added 0.01%.

The biggest gainers of the session on the DAX were Bayer AG NA (DE:BAYGN), which rose 2.54% or 2.45 points to trade at 98.84 at the close. Linde AG 1 (DE:LIN1) added 2.34% or 4.7000 points to end at 205.3000 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was up 1.87% or 3.30 points to 179.80 in late trade.

Biggest losers included Infineon Technologies AG NA O.N. (DE:IFXGn), which lost 2.45% or 0.580 points to trade at 23.110 in late trade. Bayerische Motoren Werke AG (DE:BMWG) declined 1.12% or 0.910 points to end at 80.310 and Deutsche Boerse AG (DE:DB1Gn) shed 0.82% or 0.950 points to 114.350.

The top performers on the MDAX were Jungheinrich AG O.N.VZO (DE:JUNG_p) which rose 3.82% to 31.560, Rocket Internet (DE:RKET) which was up 2.36% to settle at 26.92 and MTU Aero Engines NA O.N. (DE:MTXGn) which gained 2.01% to close at 162.80.

The worst performers were Deutsche Pfandbriefbank AG (DE:PBBG) which was down 7.24% to 12.17 in late trade, Duerr AG (DE:DUEG) which lost 4.83% to settle at 43.150 and Salzgitter AG (DE:SZGG) which was down 3.23% to 39.840 at the close.

The top performers on the TecDAX were Isra Vision O.N. (DE:ISRG) which rose 5.74% to 53.40, Morphosys AG O.N. (DE:MORG) which was up 2.44% to settle at 104.900 and Evotec AG O.N. (DE:EVTG) which gained 2.05% to close at 15.165.

The worst performers were Siltronic AG (DE:WAFGn) which was down 3.07% to 127.750 in late trade, SMA Solar Technology AG (DE:S92G) which lost 2.17% to settle at 37.880 and Software AG (DE:SOWGn) which was down 2.11% to 40.300 at the close.

Advancing stocks outnumbered falling ones by 393 to 327 and 62 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 9.72% to 15.82.

In commodities trading, Gold Futures for August delivery was up 0.02% or 0.20 to $1270.70 a troy ounce. Meanwhile, Crude oil for delivery in August rose 4.59% or 3.01 to hit $68.55 a barrel, while the August Brent oil contract rose 2.45% or 1.79 to trade at $74.84 a barrel.

EUR/USD was up 0.30% to 1.1638, while EUR/GBP rose 0.14% to 0.8775.

The US Dollar Index Futures was down 0.21% at 94.34.

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