Germany stocks higher at close of trade; DAX up 0.39%

Investing.com

Published Nov 15, 2016 12:15PM ET

Germany stocks higher at close of trade; DAX up 0.39%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Food & Beverages, Financial Services and Utilities sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.39%, while the MDAX index gained 1.10%, and the TecDAX index added 0.63%.

The best performers of the session on the DAX were Adidas AG NA O.N. (DE:ADSGN), which rose 3.39% or 4.550 points to trade at 138.750 at the close. Meanwhile, Lufthansa AG VNA O.N. (DE:LHAG) added 3.17% or 0.405 points to end at 13.195 and RWE AG ST O.N. (DE:RWEG) was up 2.60% or 0.310 points to 12.215 in late trade.

The worst performers of the session were Merck KGaA (DE:MRK), which fell 2.00% or 1.900 points to trade at 93.040 at the close. Muench. Rueckvers. VNA O.N. (DE:MUVGn) declined 1.18% or 2.100 points to end at 175.150 and Linde AG O.N. (DE:LING) was down 1.18% or 1.800 points to 151.200.

The top performers on the MDAX were Deutsche Wohnen AG Inh (DE:DWNG) which rose 5.27% to 28.190, Leoni AG (DE:LEOGn) which was up 4.22% to settle at 36.390 and Symrise AG Inh. O.N. (DE:SY1G) which gained 3.31% to close at 55.840.

The worst performers were Deutsche Pfandbriefbank AG (DE:PBBG) which was down 3.64% to 10.06 in late trade, Stroeer SE (DE:SAXG) which lost 3.06% to settle at 36.775 and RTL Group SA (DE:RRTL) which was down 2.07% to 65.390 at the close.

The top performers on the TecDAX were S&T AG (F:SANT1) which rose 6.43% to 9.270, SMA Solar Technology AG (DE:S92G) which was up 3.82% to settle at 21.730 and Drillisch AG (DE:DRIG) which gained 3.34% to close at 38.810.

The worst performers were CompuGroup Medical AG O.N. (DE:COPMa) which was down 2.25% to 36.280 in late trade, Aixtron SE (F:AIXC) which lost 2.01% to settle at 4.682 and RIB Software AG Na (DE:RIB) which was down 1.54% to 13.390 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 532 to 352 and 25 ended unchanged.

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Shares in Stroeer SE (DE:SAXG) fell to 52-week lows; down 3.06% or 1.160 to 36.775. Shares in RTL Group SA (DE:RRTL) fell to 3-years lows; falling 2.07% or 1.380 to 65.390.

The DAX volatility index, which measures the implied volatility of DAX options, was down 6.02% to 19.34.

Gold for December delivery was up 0.23% or 2.80 to $1224.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 4.80% or 2.08 to hit $45.40 a barrel, while the January Brent oil contract rose 4.39% or 1.95 to trade at $46.38 a barrel.

EUR/USD was down 0.12% to 1.0724, while EUR/GBP rose 0.48% to 0.8635.

The US Dollar Index was up 0.17% at 100.20.

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