Stock Market
Tuesday, August 13, 2019 - 17:15
Top Level Title: 
Germany stocks higher at close of trade; DAX up 0.60%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Technology, Pharmaceuticals&Healthcare and Transportation&Logistics sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.60%, while the MDAX index added 0.06%, and the TecDAX index gained 0.49%.

The best performers of the session on the DAX were Bayer AG NA (DE:BAYGN), which rose 1.88% or 1.20 points to trade at 64.96 at the close. Meanwhile, Deutsche Post AG NA O.N. (DE:DPWGn) added 1.77% or 0.505 points to end at 29.030 and Fresenius SE&Co KGAA O.N. (DE:FREG) was up 1.68% or 0.710 points to 42.970 in late trade.

The worst performers of the session were Henkel&Co KGaA AG Pref (DE:HNKG_p), which fell 6.77% or 6.22 points to trade at 85.68 at the close. Deutsche Lufthansa AG (DE:LHAG) declined 2.09% or 0.295 points to end at 13.830 and Vonovia SE (DE:VNAn) was down 1.68% or 0.75 points to 43.90.

The top performers on the MDAX were Siltronic AG (DE:WAFGn) which rose 5.25% to 61.360, Telefonica Deutschland Holding AG (DE:O2Dn) which was up 2.68% to settle at 2.226 and United Internet AG NA (DE:UTDI) which gained 2.55% to close at 27.360.

The worst performers were Deutsche Wohnen AG (DE:DWNG) which was down 3.55% to 31.480 in late trade, Knorr-Bremse AG (DE:KBX) which lost 2.51% to settle at 84.55 and Jungheinrich AG O.N.VZO (DE:JUNG_p) which was down 2.45% to 18.300 at the close.

The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 5.25% to 61.360, Telefonica Deutschland Holding AG (DE:O2Dn) which was up 2.68% to settle at 2.226 and United Internet AG NA (DE:UTDI) which gained 2.55% to close at 27.360.

The worst performers were New Work SE (DE:NWOn) which was down 12.80% to 286.00 in late trade, SMA Solar Technology AG (DE:S92G) which lost 4.42% to settle at 20.320 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 3.92% to 41.220 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 372 to 321 and 63 ended unchanged.

Shares in Deutsche Lufthansa AG (DE:LHAG) fell to 52-week lows; losing 2.09% or 0.295 to 13.830. Shares in Deutsche Wohnen AG (DE:DWNG) fell to 52-week lows; falling 3.55% or 1.160 to 31.480. Shares in Jungheinrich AG O.N.VZO (DE:JUNG_p) fell to 3-years lows; down 2.45% or 0.460 to 18.300. Shares in Draegerwerk VZO O.N. (DE:DRWG_p) fell to 5-year lows; falling 3.92% or 1.680 to 41.220.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.50% to 19.49.

Gold Futures for December delivery was down 0.50% or 7.65 to $1509.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 4.04% or 2.22 to hit $57.15 a barrel, while the October Brent oil contract rose 4.83% or 2.83 to trade at $61.40 a barrel.

EUR/USD was down 0.31% to 1.1177, while EUR/GBP fell 0.22% to 0.9263.

The US Dollar Index Futures was up 0.42% at 97.607.

© Reuters.
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