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Germany shares higher at close of trade; DAX up 1.85%

Published 04/12/2018, 04:15 am
© Reuters.  Germany shares higher at close of trade; DAX up 1.85%
DE40
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LHAG
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MBGn
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BMWG
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RHMG
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WDIG
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BEIG
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KRNG
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SGCG
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CXPFX
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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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WACGn
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DWNG
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LEGn
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HLE
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ADJ
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GYC
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VNAn
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Investing.com – Germany equities were higher at the close on Monday, as gains in the Technology, Pharmaceuticals & Healthcare and Food & Beverages sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 1.85%, while the MDAX index gained 1.34%, and the TecDAX index gained 2.13%.

The biggest gainers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 5.19% or 6.925 points to trade at 140.375 at the close. Bayerische Motoren Werke AG (DE:BMWG) added 4.78% or 3.450 points to end at 75.660 and Daimler AG NA O.N. (DE:DAIGn) was up 4.54% or 2.255 points to 51.950 in late trade.

Biggest losers included Vonovia SE (DE:VNAn), which lost 3.13% or 1.34 points to trade at 41.43 in late trade. Deutsche Lufthansa AG (DE:LHAG) declined 1.35% or 0.290 points to end at 21.210 and Beiersdorf AG O.N. (DE:BEIG) shed 0.83% or 0.780 points to 93.760.

The top performers on the MDAX were Siltronic AG (DE:WAFGn) which rose 8.12% to 86.280, Rheinmetall AG (DE:RHMG) which was up 6.80% to settle at 87.360 and Hella KGaA Hueck & Co (DE:HLE) which gained 5.52% to close at 38.60.

The worst performers were LEG Immobilien AG (DE:LEGn) which was down 2.35% to 99.160 in late trade, Deutsche Wohnen AG (DE:DWNG) which lost 2.22% to settle at 41.400 and Grand City Properties SA (DE:GYC) which was down 2.21% to 20.34 at the close.

The top performers on the TecDAX were Wacker Neuson NA O.N. (DE:WACGn) which rose 7.16% to 18.850, Aumann AG (DE:AAGG) which was up 5.72% to settle at 41.6000 and SGL Carbon SE (DE:SGCG) which gained 5.30% to close at 9.340.

The worst performers were Shop Apotheke Europe NV (DE:SAEG) which was down 4.18% to 39.000 in late trade, Krones AG O.N. (DE:KRNG) which lost 4.01% to settle at 75.450 and ADO Properties SARL (DE:ADJ) which was down 2.88% to 46.60 at the close.

Advancing stocks outnumbered falling ones by 513 to 207 and 61 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.73% to 18.15.

In commodities trading, Gold Futures for February delivery was up 1.10% or 13.50 to $1239.50 a troy ounce. Meanwhile, Crude oil for delivery in January rose 3.12% or 1.59 to hit $52.52 a barrel, while the February Brent oil contract rose 2.74% or 1.63 to trade at $61.09 a barrel.

EUR/USD was up 0.37% to 1.1359, while EUR/GBP rose 0.45% to 0.8911.

The US Dollar Index Futures was down 0.39% at 96.817.

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