🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Germany shares higher at close of trade; DAX up 0.85%

Published 16/03/2019, 05:15 am
© Reuters.  Germany shares higher at close of trade; DAX up 0.85%
DE40
-
LHAG
-
MRCG
-
IFXGn
-
MUVGn
-
SAPG
-
WDIG
-
SZGG
-
SOWGn
-
NDXG
-
ARLG
-
CXPHX
-
CXPIX
-
CXPTX
-
MDAXI
-
TECDAX
-
V1XI
-
AOXG
-
ISRG
-
SATG_p
-
AM3D
-
SHA
-

Investing.com – Germany equities were higher at the close on Friday, as gains in the Technology, Telecoms and Insurance sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.85% to hit a new 3-month high, while the MDAX index added 0.50%, and the TecDAX index gained 0.55%.

The biggest gainers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 3.97% or 0.755 points to trade at 19.795 at the close. SAP SE (DE:SAPG) added 2.42% or 2.350 points to end at 99.350 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was up 2.41% or 5.10 points to 216.60 in late trade.

Biggest losers included Wirecard AG (DE:WDIG), which lost 10.11% or 11.725 points to trade at 104.225 in late trade. Merck KGaA (DE:MRCG) declined 2.03% or 2.04 points to end at 98.36 and Deutsche Lufthansa AG (DE:LHAG) shed 1.22% or 0.260 points to 21.130.

The top performers on the MDAX were Sartorius AG VZO O.N. (DE:SATG_p) which rose 2.74% to 149.900, Schaeffler AG Pref (DE:SHA_p) which was up 2.74% to settle at 7.42 and Software AG (DE:SOWGn) which gained 2.64% to close at 32.700.

The worst performers were Salzgitter AG (DE:SZGG) which was down 4.25% to 26.610 in late trade, Aareal Bank AG (DE:ARLG) which lost 2.62% to settle at 28.660 and Alstria Office Reit-Ag (DE:AOXG) which was down 1.38% to 13.610 at the close.

The top performers on the TecDAX were Isra Vision O.N. (DE:ISRG) which rose 4.41% to 35.50, Infineon Technologies AG NA O.N. (DE:IFXGn) which was up 3.97% to settle at 19.795 and Sartorius AG VZO O.N. (DE:SATG_p) which gained 2.74% to close at 149.900.

The worst performers were Wirecard AG (DE:WDIG) which was down 10.11% to 104.225 in late trade, Nordex SE O.N. (DE:NDXG) which lost 3.84% to settle at 12.260 and SLM Solutions Group AG (DE:AM3D) which was down 2.27% to 6.45 at the close.

Advancing stocks outnumbered falling ones by 443 to 256 and 83 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.71% to 13.41 a new 6-month low.

In commodities trading, Gold Futures for April delivery was up 0.52% or 6.75 to $1301.85 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.24% or 0.14 to hit $58.47 a barrel, while the May Brent oil contract fell 0.04% or 0.03 to trade at $67.20 a barrel.

EUR/USD was up 0.16% to 1.1321, while EUR/GBP fell 0.13% to 0.8522.

The US Dollar Index Futures was down 0.20% at 96.580.

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.