Germany stocks higher at close of trade; DAX up 0.33%
Investing.com
Published Mar 23, 2016 01:15PM ET
Germany stocks higher at close of trade; DAX up 0.33%
Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Food & Beverages, Technology and Retail sectors led shares higher.
At the close in Frankfurt, the DAX gained 0.33% to hit a new 1-month high, while the MDAX index added 0.34%, and the TecDAX index gained 0.81%.
The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 1.97% or 0.240 points to trade at 12.435 at the close. Meanwhile, Adidas AG NA O.N. (DE:ADSGN) added 1.78% or 1.800 points to end at 103.150 and Henkel AG & Co Kgaa Vzo (DE:HNKG_p) was up 1.72% or 1.650 points to 97.750 in late trade.
The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 2.87% or 0.480 points to trade at 16.225 at the close. K+S AG NA O.N. (DE:SDFGn) declined 2.02% or 0.435 points to end at 21.120 and Commerzbank AG O.N. (DE:CBKG) was down 1.98% or 0.160 points to 7.921.
The top performers on the MDAX were Hochtief AG (DE:HOTG) which rose 2.39% to 107.200, Suedzucker Mannheim Ochsenfurt AG (DE:SZUG) which was up 2.25% to settle at 15.225 and Kuka AG (DE:KU2G) which gained 2.14% to close at 90.620.
The worst performers were Leoni AG NA O.N. (DE:LEOGn) which was down 7.14% to 29.250 in late trade, Norma Group AG NA O.N. (DE:NOEJ) which lost 2.68% to settle at 48.720 and Aareal Bank AG (DE:ARLG) which was down 2.41% to 28.800 at the close.
The top performers on the TecDAX were Aixtron SE NA O.N. (DE:AIXGn) which rose 15.99% to 4.141, Pfeiffer Vacuum Technology O.N. (DE:PV) which was up 8.79% to settle at 100.950 and SMA Solar Technology AG (DE:S92G) which gained 6.04% to close at 42.150.
The worst performers were BB Biotech AG (DE:BIONn) which was down 3.03% to 208.000 in late trade, Nordex SE O.N. (DE:NDXG) which lost 3.01% to settle at 22.740 and PSI AG F.Pr.U.Sys. NA (DE:PSAGn) which was down 2.27% to 13.805 at the close.
Get The News You Want
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 467 to 363 and 44 ended unchanged.
Shares in Adidas AG NA O.N. (DE:ADSGN) rose to all time highs; rising 1.78% or 1.800 to 103.150. Shares in Hochtief AG (DE:HOTG) rose to all time highs; up 2.39% or 2.500 to 107.200. Shares in Kuka AG (DE:KU2G) rose to all time highs; rising 2.14% or 1.900 to 90.620.
The DAX volatility index, which measures the implied volatility of DAX options, was down 0.05% to 20.16.
Gold for April delivery was down 1.99% or 24.80 to $1223.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 3.09% or 1.28 to hit $40.17 a barrel, while the May Brent oil contract fell 2.44% or 1.02 to trade at $40.77 a barrel.
EUR/USD was down 0.38% to 1.1174, while EUR/GBP rose 0.41% to 0.7927.
The US Dollar Index was up 0.50% at 96.15.
Written By: Investing.com
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.