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Germany shares higher at close of trade; DAX up 0.98%

Published 13/04/2018, 02:15 am
© Reuters.  Germany shares higher at close of trade; DAX up 0.98%
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Investing.com – Germany equities were higher at the close on Thursday, as gains in the Technology, Basic Resources and Utilities sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.98% to hit a new 1-month high, while the MDAX index added 0.13%, and the TecDAX index added 1.73%.

The biggest gainers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 3.05% or 0.800 points to trade at 26.990 at the close. RWE AG ST O.N. (DE:RWEG) added 2.93% or 0.590 points to end at 20.700 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 2.35% or 0.500 points to 21.810 in late trade.

Biggest losers included Deutsche Boerse AG (DE:DB1Gn), which lost 2.47% or 2.750 points to trade at 108.800 in late trade. Prosiebensat 1 Media AG (DE:PSMGn) declined 0.30% or 0.090 points to end at 29.600 and Heidelbergcement AG O.N. (DE:HEIG) shed 0.25% or 0.200 points to 79.200.

The top performers on the MDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 5.98% to 0.16, Salzgitter AG (DE:SZGG) which was up 4.66% to settle at 43.090 and Jungheinrich AG O.N.VZO (DE:JUNG_p) which gained 2.86% to close at 36.660.

The worst performers were GEA Group AG (DE:G1AG) which was down 8.22% to 31.810 in late trade, Gerresheimer AG (BS:GXId) which lost 4.06% to settle at 64.650 and Norma Group AG NA O.N. (DE:NOEJ) which was down 2.05% to 59.850 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE:ADAG) which rose 5.84% to 5.350, Aixtron SE (DE:AIXGn) which was up 5.78% to settle at 16.343 and Siltronic AG (DE:WAFGn) which gained 4.99% to close at 149.300.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 1.67% to 9.068 in late trade, Nemetschek AG O.N. (DE:NEKG) which lost 1.50% to settle at 95.450 and Cancom SE O.N. (DE:COKG) which was down 0.79% to 94.250 at the close.

Advancing stocks outnumbered falling ones by 489 to 201 and 82 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.62% to 17.62.

In commodities trading, Gold Futures for June delivery was down 1.32% or 18.00 to $1342.00 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.10% or 0.07 to hit $66.75 a barrel, while the June Brent oil contract fell 0.51% or 0.37 to trade at $71.69 a barrel.

EUR/USD was down 0.37% to 1.2321, while EUR/GBP fell 0.83% to 0.8651.

The US Dollar Index Futures was up 0.31% at 89.50.

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