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Germany shares higher at close of trade; DAX up 1.11%

Published 11/04/2018, 02:15 am
© Reuters.  Germany shares higher at close of trade; DAX up 1.11%
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Investing.com – Germany equities were higher at the close on Tuesday, as gains in the Pharmaceuticals & Healthcare, Basic Resources and Technology sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 1.11%, while the MDAX index climbed 0.46%, and the TecDAX index added 1.56%.

The biggest gainers of the session on the DAX were Bayer AG NA (DE:BAYGN), which rose 4.73% or 4.42 points to trade at 97.85 at the close. Volkswagen AG VZO O.N. (DE:VOWG_p) added 4.46% or 7.32 points to end at 171.58 and Commerzbank AG O.N. (DE:CBKG) was up 3.70% or 0.390 points to 10.938 in late trade.

Biggest losers included Henkel & Co KGaA AG Pref (DE:HNKG_p), which lost 0.95% or 1.00 points to trade at 104.20 in late trade. E.ON SE NA (DE:EONGn) declined 0.77% or 0.069 points to end at 8.911 and Vonovia SE (DE:VNAn) shed 0.72% or 0.29 points to 40.03.

The top performers on the MDAX were Duerr AG (DE:DUEG) which rose 3.04% to 88.260, Salzgitter AG (DE:SZGG) which was up 3.00% to settle at 41.610 and Covestro AG (DE:1COV) which gained 2.96% to close at 81.360.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 16.19% to 0.17 in late trade, Symrise AG Inh. O.N. (DE:SY1G) which lost 1.83% to settle at 64.200 and Deutsche Euroshop AG (DE:DEQGn) which was down 1.36% to 29.000 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE:RIB) which rose 13.59% to 20.640, Siltronic AG (DE:WAFGn) which was up 6.76% to settle at 147.650 and SMA Solar Technology AG (DE:S92G) which gained 3.29% to close at 49.560.

The worst performers were Cancom SE O.N. (DE:COKG) which was down 1.85% to 90.000 in late trade, Carl Zeiss Meditec AG (DE:AFXG) which lost 1.51% to settle at 52.200 and Xing AG (DE:OBCGn) which was down 0.20% to 250.00 at the close.

Advancing stocks outnumbered falling ones by 449 to 242 and 85 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.57% to 18.23.

In commodities trading, Gold Futures for June delivery was up 0.16% or 2.20 to $1342.30 a troy ounce. Meanwhile, Crude oil for delivery in May rose 2.92% or 1.85 to hit $65.27 a barrel, while the June Brent oil contract rose 2.93% or 2.01 to trade at $70.66 a barrel.

EUR/USD was up 0.15% to 1.2337, while EUR/GBP fell 0.11% to 0.8709.

The US Dollar Index Futures was down 0.13% at 89.41.

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