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Germany shares higher at close of trade; DAX up 0.64%

Published 28/04/2018, 02:15 am
Updated 28/04/2018, 02:15 am
© Reuters.  Germany shares higher at close of trade; DAX up 0.64%

© Reuters. Germany shares higher at close of trade; DAX up 0.64%

Investing.com – Germany equities were higher at the close on Friday, as gains in the Software, Food & Beverages and Chemicals sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.64%, while the MDAX index climbed 0.28%, and the TecDAX index gained 0.36%.

The biggest gainers of the session on the DAX were Covestro AG (DE:1COV), which rose 1.96% or 1.460 points to trade at 75.960 at the close. SAP SE (DE:SAPG) added 1.87% or 1.690 points to end at 92.020 and BASF SE NA O.N. (DE:BASFN) was up 1.74% or 1.470 points to 86.070 in late trade.

Biggest losers included RWE AG ST O.N. (DE:RWEG), which lost 7.28% or 1.555 points to trade at 19.805 in late trade. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 3.36% or 0.398 points to end at 11.436 and Fresenius SE & Co KGAA O.N. (DE:FREG) shed 1.14% or 0.720 points to 62.380.

The top performers on the MDAX were Deutsche Euroshop AG (DE:DEQGn) which rose 3.60% to 29.960, Fielmann AG (DE:FIEG) which was up 3.21% to settle at 69.050 and Tag Immobilien AG (DE:TEGG) which gained 2.76% to close at 17.470.

The worst performers were Kion Group AG (DE:KGX) which was down 5.13% to 69.54 in late trade, Osram Licht AG (DE:OSRn) which lost 2.43% to settle at 47.47 and Aurubis AG (DE:NAFG) which was down 2.38% to 73.760 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 3.96% to 101.100, CompuGroup Medical AG O.N. (DE:COPMa) which was up 2.91% to settle at 43.120 and SLM Solutions Group AG (DE:AM3D) which gained 2.54% to close at 32.25.

The worst performers were Aixtron SE (DE:AIXGn) which was down 6.51% to 12.950 in late trade, RIB Software AG Na (DE:RIB) which lost 2.65% to settle at 20.600 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 2.36% to 64.100 at the close.

Advancing stocks outnumbered falling ones by 386 to 290 and 92 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.99% to 15.33.

In commodities trading, Gold Futures for June delivery was up 0.37% or 4.90 to $1322.80 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.32% or 0.22 to hit $67.97 a barrel, while the June Brent oil contract fell 0.25% or 0.19 to trade at $74.55 a barrel.

EUR/USD was up 0.02% to 1.2107, while EUR/GBP rose 0.99% to 0.8782.

The US Dollar Index Futures was up 0.07% at 91.45.

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