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Germany shares higher at close of trade; DAX up 0.83%

Published 09/12/2017, 04:15 am
© Reuters. Germany shares higher at close of trade; DAX up 0.83%
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ADSGN
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WDIG
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Investing.com – Germany equities were higher at the close on Friday, as gains in the Pharmaceuticals & Healthcare, Transportation & Logistics and Basic Resources sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.83%, while the MDAX index climbed 0.17%, and the TecDAX index gained 1.07%.

The biggest gainers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 3.29% or 0.525 points to trade at 16.490 at the close. Commerzbank AG O.N. (DE:CBKG) added 1.94% or 0.240 points to end at 12.610 and RWE AG ST O.N. (DE:RWEG) was up 1.90% or 0.380 points to 20.395 in late trade.

Biggest losers included Deutsche Telekom AG Na (DE:DTEGn), which lost 0.64% or 0.100 points to trade at 15.520 in late trade. Beiersdorf AG O.N. (DE:BEIG) declined 0.54% or 0.550 points to end at 101.050 and Adidas AG (DE:ADSGN) gained 0.25% or 0.45 points to 180.60.

The top performers on the MDAX were Zalando SE (DE:ZALG) which rose 3.16% to 45.41, Deutsche Pfandbriefbank AG (DE:PBBG) which was up 2.64% to settle at 13.43 and Wacker Chemie O.N. (DE:WCHG) which gained 2.40% to close at 142.85.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 20.67% to 0.47 in late trade, Metro AG (DE:MEOG) which lost 2.91% to settle at 11.495 and Suedzucker AG (DE:SZUG) which was down 2.76% to 17.070 at the close.

The top performers on the TecDAX were Evotec AG O.N. (DE:EVTG) which rose 8.96% to 12.950, GFT Technologies AG (DE:GFTG) which was up 5.29% to settle at 12.435 and Sartorius AG VZO O.N. (DE:SATG_p) which gained 3.86% to close at 83.380.

The worst performers were Dialog Semiconductor (DE:DLGS) which was down 2.03% to 22.955 in late trade, Wirecard AG (DE:WDIG) which lost 0.74% to settle at 89.310 and Freenet AG NA (DE:FNTGn) which was down 0.58% to 31.600 at the close.

Advancing stocks outnumbered falling ones by 482 to 265 and 42 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.50% to 13.74.

In commodities trading, Gold Futures for February delivery was down 0.30% or 3.70 to $1249.40 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.32% or 0.75 to hit $57.44 a barrel, while the February Brent oil contract rose 1.75% or 1.09 to trade at $63.29 a barrel.

EUR/USD was down 0.07% to 1.1765, while EUR/GBP rose 0.70% to 0.8798.

The US Dollar Index Futures was up 0.18% at 93.92.

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