Germany stocks higher at close of trade; DAX up 0.99%

Germany stocks higher at close of trade; DAX up 0.99%

Jul 01, 2019

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

At the close in Frankfurt, the DAX added 0.99% to hit a new 6-months high, while the MDAX index gained 0.61%, and the TecDAX index added 1.46%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 4.18% or 0.650 points to trade at 16.200 at the close. Meanwhile, Wirecard AG (DE:WDIG) added 3.24% or 4.800 points to end at 152.850 and Deutsche Boerse AG (DE:DB1Gn) was up 2.81% or 3.500 points to 127.900 in late trade.

The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 0.69% or 0.88 points to trade at 127.34 at the close. Deutsche Lufthansa AG (DE:LHAG) declined 0.60% or 0.090 points to end at 14.980 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 0.37% or 0.025 points to 6.755.

The top performers on the MDAX were Nemetschek AG O.N. (DE:NEKG) which rose 5.85% to 56.050, Dialog Semiconductor (DE:DLGS) which was up 4.06% to settle at 36.900 and Duerr AG (DE:DUEG) which gained 3.97% to close at 31.160.

The worst performers were Rocket Internet (DE:RKET) which was down 2.92% to 24.62 in late trade, Leoni AG (DE:LEOGn) which lost 2.34% to settle at 14.195 and Stroeer SE (DE:SAXG) which was down 1.89% to 64.800 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 5.85% to 56.050, Infineon Technologies AG NA O.N. (DE:IFXGn) which was up 4.18% to settle at 16.200 and Dialog Semiconductor (DE:DLGS) which gained 4.06% to close at 36.9000.

The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 4.57% to 12.12 in late trade, Medigene NA O.N. (DE:MDG1k) which lost 1.41% to settle at 7.320 and Xing AG (DE:OBCGn) which was down 1.20% to 371.00 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 476 to 215 and 62 ended unchanged.

Shares in Deutsche Boerse AG (DE:DB1Gn) rose to 5-year highs; rising 2.81% or 3.500 to 127.900. Shares in Nemetschek AG O.N. (DE:NEKG) rose to 52-week highs; gaining 5.85% or 3.100 to 56.050. Shares in Dialog Semiconductor (DE:DLGS) rose to 52-week highs; rising 4.06% or 1.440 to 36.900. Shares in Nemetschek AG O.N. (DE:NEKG) rose to 52-week highs; rising 5.85% or 3.100 to 56.050. Shares in Medigene NA O.N. (DE:MDG1k) fell to 52-week lows; falling 1.41% or 0.105 to 7.320. Shares in Dialog Semiconductor (DE:DLGS) rose to 52-week highs; gaining 4.06% or 1.4400 to 36.9000.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.83% to 13.54 a new 1-month low.

Gold Futures for August delivery was down 1.73% or 24.45 to $1389.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.03% or 0.02 to hit $58.45 a barrel, while the September Brent oil contract fell 0.25% or 0.16 to trade at $64.58 a barrel.

EUR/USD was down 0.68% to 1.1291, while EUR/GBP fell 0.26% to 0.8934.

The US Dollar Index Futures was up 0.72% at 96.357.

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