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Germany shares higher at close of trade; DAX up 0.83%

Published 2017-11-21, 12:15 p/m
© Reuters.  Germany shares higher at close of trade; DAX up 0.83%
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Investing.com – Germany equities were higher at the close on Tuesday, as gains in the Technology, Media and Basic Resources sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 0.83%, while the MDAX index gained 0.96%, and the TecDAX index climbed 1.58%.

The biggest gainers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 3.29% or 0.805 points to trade at 25.280 at the close. Volkswagen AG VZO O.N. (DE:VOWG_p) added 3.02% or 5.00 points to end at 170.40 and Bayerische Motoren Werke AG (DE:BMWG) was up 1.88% or 1.600 points to 86.780 in late trade.

Biggest losers included Heidelbergcement AG O.N. (DE:HEIG), which lost 1.94% or 1.800 points to trade at 91.170 in late trade. RWE AG ST O.N. (DE:RWEG) declined 1.93% or 0.385 points to end at 19.600 and Commerzbank AG O.N. (DE:CBKG) shed 1.25% or 0.155 points to 12.215.

The top performers on the MDAX were CTS Eventim AG (DE:EVDG) which rose 3.76% to 38.910, Covestro AG (DE:1COV) which was up 2.89% to settle at 84.650 and Aurubis AG (DE:NAFG) which gained 2.78% to close at 70.710.

The worst performers were Innogy SE (DE:IGY) which was down 1.46% to 39.150 in late trade, Bilfinger SE O.N. (DE:GBFG) which lost 1.44% to settle at 37.310 and Lanxess AG (DE:LXSG) which was down 1.06% to 64.710 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE:MDG1k) which rose 15.83% to 12.220, Adva Optical Networking SE (DE:ADAG) which was up 10.00% to settle at 6.118 and Qiagen NV (DE:QGEN) which gained 4.19% to close at 27.590.

The worst performers were Telefonica Deutschland Holding AG (DE:O2Dn) which was down 1.45% to 4.090 in late trade, Slm Solution G (DE:AM3D) which lost 0.64% to settle at 45.18 and Freenet AG NA (DE:FNTGn) which was down 0.27% to 31.640 at the close.

Advancing stocks outnumbered falling ones by 502 to 242 and 41 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.46% to 12.74.

In commodities trading, Gold Futures for December delivery was up 0.56% or 7.15 to $1282.45 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.55% or 0.31 to hit $56.73 a barrel, while the January Brent oil contract rose 0.31% or 0.19 to trade at $62.41 a barrel.

EUR/USD was up 0.06% to 1.1740, while EUR/GBP rose 0.08% to 0.8872.

The US Dollar Index Futures was down 0.12% at 93.89.

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