Germany stocks higher at close of trade; DAX up 0.52%

Germany stocks higher at close of trade; DAX up 0.52%

Jul 15, 2019

Germany stocks were higher after the close on Monday, as gains in the Technology, Chemicals and Construction sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.52%, while the MDAX index gained 0.70%, and the TecDAX index added 1.43%.

The best performers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 3.64% or 5.250 points to trade at 149.650 at the close. Meanwhile, Covestro AG (DE:1COV) added 2.96% or 1.220 points to end at 42.480 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 2.47% or 0.394 points to 16.334 in late trade.

The worst performers of the session were Deutsche Telekom AG Na (DE:DTEGn), which fell 1.22% or 0.186 points to trade at 15.060 at the close. Deutsche Lufthansa AG (DE:LHAG) declined 0.60% or 0.090 points to end at 14.870 and BAYER AG NA (DE:BAYGN) was down 0.34% or 0.20 points to 58.63.

The top performers on the MDAX were Carl Zeiss Meditec AG (DE:AFXG) which rose 10.18% to 93.600, Siltronic AG (DE:WAFGn) which was up 3.69% to settle at 62.400 and Sartorius AG VZO O.N. (DE:SATG_p) which gained 2.84% to close at 184.600.

The worst performers were Prosiebensat 1 Media AG (DE:PSMGn) which was down 2.94% to 13.0250 in late trade, Puma SE (DE:PUMG) which lost 1.50% to settle at 59.30 and Freenet AG NA (DE:FNTGn) which was down 1.46% to 17.9400 at the close.

The top performers on the TecDAX were Carl Zeiss Meditec AG (DE:AFXG) which rose 10.18% to 93.600, Medigene NA O.N. (DE:MDG1k) which was up 6.35% to settle at 6.700 and CompuGroup Medical AG O.N. (DE:COPMa) which gained 3.96% to close at 72.150.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 1.82% to 14.000 in late trade, Freenet AG NA (DE:FNTGn) which lost 1.46% to settle at 17.940 and United Internet AG NA (DE:UTDI) which was down 1.38% to 28.500 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 380 to 304 and 79 ended unchanged.

Shares in CompuGroup Medical AG O.N. (DE:COPMa) rose to all time highs; up 3.96% or 2.750 to 72.150. Shares in United Internet AG NA (DE:UTDI) fell to 5-year lows; falling 1.38% or 0.400 to 28.500.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.32% to 14.11.

Gold Futures for August delivery was up 0.14% or 1.95 to $1414.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.96% or 0.58 to hit $59.63 a barrel, while the September Brent oil contract fell 0.40% or 0.27 to trade at $66.45 a barrel.

EUR/USD was down 0.08% to 1.1260, while EUR/GBP rose 0.40% to 0.8997.

The US Dollar Index Futures was up 0.13% at 96.545.

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