Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Germany shares higher at close of trade; DAX up 1.49%

Published 12/12/2018, 04:15 am
© Reuters.  Germany shares higher at close of trade; DAX up 1.49%

Investing.com – Germany equities were higher at the close on Tuesday, as gains in the Consumer & Cyclical, Pharmaceuticals & Healthcare and Utilities sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 1.49%, while the MDAX index gained 0.67%, and the TecDAX index gained 1.68%.

The biggest gainers of the session on the DAX were Linde PLC (DE:LINI), which rose 4.04% or 5.500 points to trade at 141.800 at the close. Volkswagen AG VZO O.N. (DE:VOWG_p) added 3.63% or 5.12 points to end at 146.10 and Bayer AG NA (DE:BAYGN) was up 3.37% or 2.05 points to 62.85 in late trade.

Biggest losers included Vonovia SE (DE:VNAn), which lost 1.34% or 0.57 points to trade at 42.01 in late trade. Deutsche Post AG NA O.N. (DE:DPWGn) declined 0.94% or 0.240 points to end at 25.280 and Fresenius SE & Co KGAA O.N. (DE:FREG) shed 0.55% or 0.220 points to 39.660.

The top performers on the MDAX were Wacker Chemie O.N. (DE:WCHG) which rose 5.91% to 75.49, Evotec AG O.N. (DE:EVTG) which was up 5.55% to settle at 18.265 and Freenet AG NA (DE:FNTGn) which gained 3.69% to close at 17.1200.

The worst performers were Deutsche Pfandbriefbank AG (DE:PBBG) which was down 2.50% to 8.96 in late trade, Grand City Properties SA (DE:GYC) which lost 2.44% to settle at 19.22 and LEG Immobilien AG (DE:LEGn) which was down 2.18% to 96.980 at the close.

The top performers on the TecDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 9.08% to 0.10, Medigene NA O.N. (DE:MDG1k) which was up 6.52% to settle at 8.000 and Nordex SE O.N. (DE:NDXG) which gained 6.38% to close at 8.802.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were Hornbach Holding VZO O.N. (DE:HBH) which was down 16.37% to 42.150 in late trade, KWS SAAT AG O.N. (DE:KWSG) which lost 8.18% to settle at 252.50 and Adler Real Estate AG (DE:ADLG) which was down 4.16% to 14.28 at the close.

Advancing stocks outnumbered falling ones by 508 to 199 and 74 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 9.67% to 21.76.

In commodities trading, Gold Futures for February delivery was down 0.02% or 0.20 to $1249.20 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.12% or 0.57 to hit $51.57 a barrel, while the February Brent oil contract rose 0.45% or 0.27 to trade at $60.24 a barrel.

EUR/USD was down 0.37% to 1.1313, while EUR/GBP fell 0.10% to 0.9032.

The US Dollar Index Futures was up 0.27% at 97.450.

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.