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Germany shares higher at close of trade; DAX up 0.32%

Published 2018-01-12, 12:15 p/m
© Reuters.  Germany shares higher at close of trade; DAX up 0.32%

Investing.com – Germany equities were higher at the close on Friday, as gains in the Media, Technology and Insurance sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 0.32%, while the MDAX index climbed 0.28%, and the TecDAX index gained 0.52%.

The biggest gainers of the session on the DAX were Prosiebensat 1 Media AG (DE:PSMGn), which rose 3.11% or 0.890 points to trade at 29.480 at the close. RWE AG ST O.N. (DE:RWEG) added 1.58% or 0.275 points to end at 17.725 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was up 1.58% or 2.95 points to 190.00 in late trade.

Biggest losers included Commerzbank AG O.N. (DE:CBKG), which lost 1.54% or 0.208 points to trade at 13.270 in late trade. Deutsche Boerse AG (DE:DB1Gn) declined 1.52% or 1.520 points to end at 98.480 and Beiersdorf AG O.N. (DE:BEIG) shed 1.21% or 1.180 points to 96.500.

The top performers on the MDAX were Wacker Chemie O.N. (DE:WCHG) which rose 2.78% to 172.10, Covestro AG (DE:1COV) which was up 2.53% to settle at 90.760 and Jungheinrich AG O.N.VZO (DE:JUNG_p) which gained 2.36% to close at 41.600.

The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 5.73% to 0.41 in late trade, Suedzucker AG (DE:SZUG) which lost 1.76% to settle at 16.465 and Rheinmetall AG (DE:RHMG) which was down 1.72% to 111.500 at the close.

The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 6.51% to 138.200, Draegerwerk VZO O.N. (DE:DRWG_p) which was up 5.77% to settle at 80.700 and Aixtron SE (DE:AIXGn) which gained 3.76% to close at 12.280.

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The worst performers were Nordex SE O.N. (DE:NDXG) which was down 6.08% to 10.510 in late trade, Carl Zeiss Meditec AG (DE:AFXG) which lost 3.86% to settle at 52.300 and GFT Technologies AG (DE:GFTG) which was down 3.58% to 13.200 at the close.

Advancing stocks outnumbered falling ones by 397 to 318 and 98 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.03% to 12.00.

In commodities trading, Gold Futures for February delivery was up 0.69% or 9.10 to $1331.60 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.28% or 0.18 to hit $63.98 a barrel, while the March Brent oil contract rose 0.20% or 0.14 to trade at $69.40 a barrel.

EUR/USD was up 0.84% to 1.2133, while EUR/GBP fell 0.27% to 0.8864.

The US Dollar Index Futures was down 0.65% at 91.06.

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