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Germany shares higher at close of trade; DAX up 0.67%

Published 08/09/2017, 02:15 am
© Reuters.  Germany shares higher at close of trade; DAX up 0.67%
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Investing.com – Germany equities were higher at the close on Thursday, as gains in the Utilities, Technology and Retail sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.67% to hit a new 1-month high, while the MDAX index gained 0.47%, and the TecDAX index added 0.98%.

The biggest gainers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 3.81% or 0.785 points to trade at 21.385 at the close. Adidas AG (DE:ADSGN) added 2.17% or 4.15 points to end at 195.40 and Thyssenkrupp AG O.N. (DE:TKAG) was up 1.99% or 0.500 points to 25.565 in late trade.

Biggest losers included Commerzbank AG O.N. (DE:CBKG), which lost 1.62% or 0.165 points to trade at 10.025 in late trade. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 1.19% or 0.160 points to end at 13.255 and Prosiebensat 1 Media AG (DE:PSMGn) shed 0.96% or 0.270 points to 27.940.

The top performers on the MDAX were Schaeffler AG Pref (DE:SHA_p) which rose 3.74% to 12.47, Jungheinrich AG O.N.VZO (DE:JUNG_p) which was up 3.42% to settle at 38.370 and Rheinmetall AG (DE:RHMG) which gained 2.76% to close at 89.710.

The worst performers were Airbus Group SE (F:AIRG) which was down 1.66% to 70.359 in late trade, Hannover Rueck SE (DE:HNRGn) which lost 1.66% to settle at 95.95 and Deutsche Pfandbriefbank AG (DE:PBBG) which was down 1.44% to 11.66 at the close.

The top performers on the TecDAX were Aixtron SE (DE:AIXGn) which rose 11.39% to 9.662, Morphosys AG O.N. (DE:MORG) which was up 3.70% to settle at 65.850 and Evotec AG O.N. (DE:EVTG) which gained 3.28% to close at 17.765.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 4.09% to 10.075 in late trade, SMA Solar Technology AG (DE:S92G) which lost 3.27% to settle at 37.005 and S&T AG (F:SANT1) which was down 0.77% to 16.805 at the close.

Advancing stocks outnumbered falling ones by 464 to 277 and 49 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 6.18% to 15.21.

In commodities trading, Gold Futures for December delivery was up 0.91% or 12.24 to $1351.24 a troy ounce. Meanwhile, Crude oil for delivery in October unchanged 0.00% or 0.00 to hit $49.16 a barrel, while the November Brent oil contract rose 0.33% or 0.18 to trade at $54.38 a barrel.

EUR/USD was up 0.75% to 1.2006, while EUR/GBP rose 0.48% to 0.9181.

The US Dollar Index Futures was down 0.64% at 91.62.

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