Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Germany shares higher at close of trade; DAX up 0.62%

Published 2018-05-10, 12:15 p/m
© Reuters.  Germany shares higher at close of trade; DAX up 0.62%

Investing.com – Germany equities were higher at the close on Thursday, as gains in the Utilities, Chemicals and Media sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.62% to hit a new 3-month high, while the MDAX index climbed 0.23%, and the TecDAX index climbed 0.50%.

The biggest gainers of the session on the DAX were E.ON SE NA (DE:EONGn), which rose 2.69% or 0.248 points to trade at 9.476 at the close. Linde AG 1 (DE:LIN1) added 2.06% or 3.9000 points to end at 193.6000 and Merck KGaA (DE:MRCG) was up 1.56% or 1.28 points to 83.36 in late trade.

Biggest losers included Heidelbergcement AG O.N. (DE:HEIG), which lost 1.19% or 0.980 points to trade at 81.080 in late trade. Continental AG O.N. (DE:CONG) declined 0.88% or 2.00 points to end at 224.40 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) shed 0.73% or 1.40 points to 191.10.

The top performers on the MDAX were Norma Group AG NA O.N. (DE:NOEJ) which rose 2.25% to 68.100, Wacker Chemie O.N. (DE:WCHG) which was up 2.10% to settle at 152.90 and Uniper SE (DE:UN01) which gained 1.78% to close at 27.380.

The worst performers were Metro Wholesale & Food Specialist AG (DE:B4B) which was down 1.31% to 11.6500 in late trade, Hochtief AG (DE:HOTG) which lost 1.25% to settle at 149.50 and Rheinmetall AG (DE:RHMG) which was down 0.96% to 113.150 at the close.

The top performers on the TecDAX were SLM Solutions Group AG (DE:AM3D) which rose 7.83% to 33.05, Xing AG (DE:OBCGn) which was up 3.47% to settle at 268.50 and Morphosys AG O.N. (DE:MORG) which gained 3.21% to close at 91.750.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The worst performers were S&T AG (F:SANT1) which was down 7.11% to 20.900 in late trade, Dialog Semiconductor (DE:DLGS) which lost 6.96% to settle at 19.762 and Evotec AG O.N. (DE:EVTG) which was down 2.64% to 12.365 at the close.

Advancing stocks outnumbered falling ones by 412 to 258 and 95 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.47% to 14.47 a new 3-month low.

In commodities trading, Gold Futures for June delivery was up 0.48% or 6.30 to $1319.30 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.15% or 0.11 to hit $71.03 a barrel, while the July Brent oil contract fell 0.12% or 0.09 to trade at $77.12 a barrel.

EUR/USD was up 0.46% to 1.1904, while EUR/GBP rose 0.82% to 0.8820.

The US Dollar Index Futures was down 0.29% at 92.68.

Latest comments

Risk Disclosure: 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.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.