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Germany shares higher at close of trade; DAX up 1.57%

Published 18/04/2018, 02:15 am
© Reuters.  Germany shares higher at close of trade; DAX up 1.57%
DE40
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BAYGN
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LHAG
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FMEG
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MRCG
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CECG
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FREG
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DRWG_p
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SOWGn
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NAFG
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STAGn
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LEOGn
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EONGn
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CXPEX
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CXPHX
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CXPPX
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MDAXI
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TECDAX
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V1XI
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RIB
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SATG_p
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MDG1k
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ADVG
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SNHJ
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IGY
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Investing.com – Germany equities were higher at the close on Tuesday, as gains in the Basic Resources, Technology and Pharmaceuticals & Healthcare sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 1.57% to hit a new 1-month high, while the MDAX index added 1.40%, and the TecDAX index climbed 1.61%.

The biggest gainers of the session on the DAX were Fresenius SE & Co KGAA O.N. (DE:FREG), which rose 2.97% or 1.900 points to trade at 65.800 at the close. Bayer AG NA (DE:BAYGN) added 2.76% or 2.70 points to end at 100.68 and Fresenius Medical Care KGAA ST (DE:FMEG) was up 2.71% or 2.240 points to 84.800 in late trade.

Biggest losers included Merck KGaA (DE:MRCG), which added 0.27% or 0.22 points to trade at 81.26 in late trade. E.ON SE NA (DE:EONGn) added 0.30% or 0.027 points to end at 9.028 and Deutsche Lufthansa AG (DE:LHAG) gained 0.37% or 0.100 points to 27.010.

The top performers on the MDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 14.15% to 0.16, Leoni AG (DE:LEOGn) which was up 5.20% to settle at 52.980 and Aurubis AG (DE:NAFG) which gained 4.52% to close at 69.800.

The worst performers were STADA Arzneimittel VNA O.N. (DE:STAGn) which was down 0.45% to 83.900 in late trade, Metro AG (DE:MEOG) which lost 0.17% to settle at 9.340 and Innogy SE (DE:IGY) which was down 0.08% to 37.900 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE:MDG1k) which rose 12.73% to 15.500, Adva Optical Networking SE (DE:ADAG) which was up 5.34% to settle at 5.720 and RIB Software AG Na (DE:RIB) which gained 4.71% to close at 21.800.

The worst performers were Draegerwerk VZO O.N. (DE:DRWG_p) which was down 11.70% to 69.050 in late trade, Sartorius AG VZO O.N. (DE:SATG_p) which lost 1.39% to settle at 127.400 and Software AG (DE:SOWG) which was down 0.22% to 40.030 at the close.

Advancing stocks outnumbered falling ones by 509 to 189 and 80 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.81% to 14.89 a new 1-month low.

In commodities trading, Gold Futures for June delivery was down 0.24% or 3.30 to $1347.40 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.14% or 0.09 to hit $66.31 a barrel, while the June Brent oil contract rose 0.03% or 0.02 to trade at $71.44 a barrel.

EUR/USD was down 0.31% to 1.2342, while EUR/GBP rose 0.02% to 0.8637.

The US Dollar Index Futures was up 0.24% at 89.35.

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