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

Investing.com

Published Jul 01, 2019 01:15PM ET

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

Investing.com – 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.

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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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