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Germany shares higher at close of trade; DAX up 0.53%

Published 2017-10-04, 12:15 p/m
© Reuters.  Germany shares higher at close of trade; DAX up 0.53%
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Investing.com – Germany equities were higher at the close on Wednesday, as gains in the Pharmaceuticals & Healthcare, Basic Resources and Food & Beverages sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.53% to hit a new all time high, while the MDAX index gained 0.31%, and the TecDAX index climbed 0.98%.

The biggest gainers of the session on the DAX were Fresenius SE & Co KGAA O.N. (DE:FREG), which rose 3.69% or 2.540 points to trade at 71.310 at the close. Bayerische Motoren Werke AG (DE:BMWG) added 2.69% or 2.320 points to end at 88.480 and Volkswagen AG VZO O.N. (DE:VOWG_p) was up 2.29% or 3.15 points to 140.75 in late trade.

Biggest losers included E.ON SE NA (DE:EONGn), which lost 2.76% or 0.267 points to trade at 9.419 in late trade. Thyssenkrupp AG O.N. (DE:TKAG) declined 2.43% or 0.600 points to end at 24.100 and Deutsche Bank AG NA O.N. (DE:DBKGn) shed 0.97% or 0.140 points to 14.350.

The top performers on the MDAX were Rheinmetall AG (DE:RHMG) which rose 2.59% to 98.220, Norma Group AG NA O.N. (DE:NOEJ) which was up 2.42% to settle at 57.470 and Aurubis AG (DE:NAFG) which gained 2.14% to close at 69.150.

The worst performers were Wacker Chemie O.N. (DE:WCHG) which was down 3.60% to 119.25 in late trade, K+S AG NA O.N. (DE:SDFGn) which lost 2.37% to settle at 22.440 and Innogy SE (DE:IGY) which was down 1.73% to 37.465 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 5.43% to 35.610, Evotec AG O.N. (DE:EVTG) which was up 4.21% to settle at 22.380 and Morphosys AG O.N. (DE:MORG) which gained 3.37% to close at 74.280.

The worst performers were Slm Solution G (DE:AM3D) which was down 5.87% to 32.95 in late trade, Telefonica Deutschland Holding AG (DE:O2Dn) which lost 3.91% to settle at 4.601 and Aixtron SE (DE:AIXGn) which was down 2.10% to 11.205 at the close.

Advancing stocks outnumbered falling ones by 403 to 361 and 25 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.76% to 12.14.

In commodities trading, Gold Futures for December delivery was down 0.23% or 2.96 to $1274.94 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.08% or 0.04 to hit $50.38 a barrel, while the December Brent oil contract fell 0.09% or 0.05 to trade at $55.95 a barrel.

EUR/USD was up 0.11% to 1.1757, while EUR/GBP fell 0.12% to 0.8862.

The US Dollar Index Futures was down 0.10% at 93.33.

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