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Germany shares higher at close of trade; DAX up 0.47%

Published 2017-08-30, 12:15 p/m
© Reuters.  Germany shares higher at close of trade; DAX up 0.47%
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Investing.com – Germany equities were higher at the close on Wednesday, as gains in the Construction, Financial Services and Industrials sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.47%, while the MDAX index added 0.86%, and the TecDAX index added 1.36%.

The biggest gainers of the session on the DAX were Heidelbergcement AG O.N. (DE:HEIG), which rose 1.57% or 1.220 points to trade at 78.840 at the close. Adidas AG (DE:ADSGN) added 1.36% or 2.50 points to end at 185.70 and Deutsche Boerse AG (DE:DB1Gn) was up 1.16% or 1.020 points to 89.230 in late trade.

Biggest losers included Fresenius SE & Co KGAA O.N. (DE:FREG), which lost 0.85% or 0.600 points to trade at 70.390 in late trade. Prosiebensat 1 Media AG (DE:PSMGn) declined 0.66% or 0.185 points to end at 27.750 and Volkswagen AG VZO O.N. (DE:VOWG_p) shed 0.47% or 0.60 points to 125.90.

The top performers on the MDAX were LEG Immobilien AG (DE:LEGn) which rose 2.35% to 83.750, Duerr AG (DE:DUEG) which was up 2.29% to settle at 96.840 and RTL Group SA (DE:RRTL) which gained 2.10% to close at 63.660.

The worst performers were Gerresheimer AG (BS:GXId) which was down 2.39% to 65.730 in late trade, Brenntag AG (DE:BNRGn) which lost 1.00% to settle at 44.370 and Fielmann AG (DE:FIEG) which was down 0.75% to 69.100 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE:ADAG) which rose 9.86% to 4.801, Jenoptik AG (DE:JENG) which was up 6.81% to settle at 24.535 and Medigene NA O.N. (DE:MDG1k) which gained 4.64% to close at 9.620.

The worst performers were Siltronic AG (DE:WAFGn) which was down 3.89% to 77.820 in late trade, RIB Software AG Na (DE:RIB) which lost 0.37% to settle at 16.000 and Dialog Semiconductor (DE:DLGS) which was up 0.04% to 36.620 at the close.

Advancing stocks outnumbered falling ones by 621 to 146 and 19 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.25% to 16.17.

In commodities trading, Gold Futures for December delivery was down 0.39% or 5.10 to $1313.80 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.17% or 0.08 to hit $46.52 a barrel, while the November Brent oil contract fell 0.39% or 0.20 to trade at $51.46 a barrel.

EUR/USD was down 0.43% to 1.1921, while EUR/GBP fell 0.50% to 0.9219.

The US Dollar Index Futures was up 0.40% at 92.64.

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