Germany stocks higher at close of trade; DAX up 1.30%

Germany stocks higher at close of trade; DAX up 1.30%

Nov 13, 2018

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

At the close in Frankfurt, the DAX added 1.30%, while the MDAX index climbed 1.07%, and the TecDAX index added 1.57%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 4.15% or 0.695 points to trade at 17.460 at the close. Meanwhile, Deutsche Lufthansa AG (DE:LHAG) added 4.07% or 0.800 points to end at 20.450 and Wirecard AG (DE:WDIG) was up 3.49% or 5.300 points to 157.000 in late trade.

The worst performers of the session were BAYER AG NA (DE:BAYGN), which fell 2.87% or 1.97 points to trade at 66.64 at the close. Linde PLC (DE:LINI) declined 1.50% or 2.150 points to end at 140.800 and Fresenius SE&Co KGAA O.N. (DE:FREG) was down 0.80% or 0.420 points to 52.040.

The top performers on the MDAX were Siltronic AG (DE:WAFGn) which rose 5.51% to 81.600, Schaeffler AG Pref (DE:SHA_p) which was up 4.50% to settle at 8.41 and Rheinmetall AG (DE:RHMG) which gained 4.17% to close at 78.000.

The worst performers were Aareal Bank AG (DE:ARLG) which was down 4.95% to 30.900 in late trade, Delivery Hero AG (DE:DHER) which lost 4.13% to settle at 33.46 and Uniper SE (DE:UN01) which was down 2.76% to 25.320 at the close.

The top performers on the TecDAX were Hamburger Hafen Und Logistik A-SP (DE:HHFGn) which rose 8.02% to 20.200, Isra Vision O.N. (DE:ISRG) which was up 7.51% to settle at 38.65 and Deutz AG (DE:DEZG) which gained 7.45% to close at 6.850.

The worst performers were Nordex SE O.N. (DE:NDXG) which was down 16.83% to 7.968 in late trade, SMA Solar Technology AG (DE:S92G) which lost 6.38% to settle at 18.190 and HelloFresh SE (DE:HFGG) which was down 4.61% to 10.55 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 401 to 291 and 87 ended unchanged.

Shares in Fresenius SE&Co KGAA O.N. (DE:FREG) fell to 3-years lows; losing 0.80% or 0.420 to 52.040. Shares in Aareal Bank AG (DE:ARLG) fell to 52-week lows; down 4.95% or 1.610 to 30.900.

The DAX volatility index, which measures the implied volatility of DAX options, was up 10.19% to 18.93.

Gold Futures for December delivery was up 0.14% or 1.70 to $1203.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 4.25% or 2.55 to hit $57.38 a barrel, while the January Brent oil contract fell 4.19% or 2.94 to trade at $67.18 a barrel.

EUR/USD was up 0.58% to 1.1284, while EUR/GBP fell 0.84% to 0.8657.

The US Dollar Index Futures was down 0.42% at 96.97.

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