Germany stocks higher at close of trade; DAX up 0.24%

Germany stocks higher at close of trade; DAX up 0.24%

Dec 19, 2018

Germany stocks were higher after the close on Wednesday, as gains in the Media, Software and Telecoms sectors led shares higher.

At the close in Frankfurt, the DAX added 0.24%, while the MDAX index added 0.24%, and the TecDAX index added 0.64%.

The best performers of the session on the DAX were Fresenius SE&Co KGAA O.N. (DE:FREG), which rose 4.17% or 1.710 points to trade at 42.710 at the close. Meanwhile, Wirecard AG (DE:WDIG) added 2.64% or 3.500 points to end at 135.950 and Deutsche Boerse AG (DE:DB1Gn) was up 1.99% or 2.050 points to 104.850 in late trade.

The worst performers of the session were Deutsche Post AG NA O.N. (DE:DPWGn), which fell 4.16% or 1.050 points to trade at 24.220 at the close. BAYER AG NA (DE:BAYGN) declined 2.81% or 1.78 points to end at 61.63 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 1.49% or 0.114 points to 7.530.

The top performers on the MDAX were Scout24 AG (DE:G24n) which rose 5.86% to 41.940, CTS Eventim AG (DE:EVDG) which was up 4.29% to settle at 34.540 and Evotec AG O.N. (DE:EVTG) which gained 3.93% to close at 17.970.

The worst performers were Metro AG (DE:CECG) which was down 17.31% to 2.966 in late trade, Siltronic AG (DE:WAFGn) which lost 5.67% to settle at 68.580 and Airbus Group SE (DE:AIRG) which was down 2.13% to 86.86 at the close.

The top performers on the TecDAX were Takkt AG O.N. (DE:TTKG) which rose 3.52% to 12.940, Stroeer SE (DE:SAXG) which was up 2.40% to settle at 44.320 and Jenoptik AG (DE:JENGn) which gained 2.11% to close at 24.180.

The worst performers were Metro AG ST O.N. (DE:CECG) which was down 17.48% to 2.960 in late trade, Tele Columbus AG (DE:TC1n) which lost 4.15% to settle at 3.12 and Zooplus AG (DE:ZO1G) which was down 3.99% to 122.60 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 356 to 353 and 70 ended unchanged.

Shares in Deutsche Post AG NA O.N. (DE:DPWGn) fell to 52-week lows; down 4.16% or 1.050 to 24.220. Shares in Metro AG (DE:CECG) fell to all time lows; falling 17.31% or 0.621 to 2.966. Shares in Siltronic AG (DE:WAFGn) fell to 52-week lows; losing 5.67% or 4.120 to 68.580. Shares in Metro AG ST O.N. (DE:CECG) fell to all time lows; losing 17.48% or 0.627 to 2.960. Shares in Zooplus AG (DE:ZO1G) fell to 52-week lows; losing 3.99% or 5.10 to 122.60.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.90% to 20.46.

Gold Futures for February delivery was up 0.40% or 5.00 to $1258.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.98% or 1.39 to hit $47.99 a barrel, while the February Brent oil contract rose 2.38% or 1.34 to trade at $57.60 a barrel.

EUR/USD was up 0.55% to 1.1425, while EUR/GBP rose 0.37% to 0.9022.

The US Dollar Index Futures was down 0.49% at 96.097.

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