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

Nov 07, 2018

Germany stocks were higher after the close on Wednesday, as gains in the Food&Beverages, Pharmaceuticals&Healthcare and Utilities sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.83%, while the MDAX index gained 0.90%, and the TecDAX index added 1.16%.

The best performers of the session on the DAX were Fresenius Medical Care KGAA ST (DE:FMEG), which rose 9.20% or 6.350 points to trade at 75.350 at the close. Meanwhile, Fresenius SE&Co KGAA O.N. (DE:FREG) added 3.26% or 1.760 points to end at 55.780 and RWE AG ST O.N. (DE:RWEG) was up 3.20% or 0.570 points to 18.410 in late trade.

The worst performers of the session were Adidas AG (DE:ADSGN), which fell 3.55% or 7.30 points to trade at 198.60 at the close. Bayerische Motoren Werke AG (DE:BMWG) declined 3.46% or 2.660 points to end at 74.260 and Beiersdorf AG O.N. (DE:BEIG) was down 1.51% or 1.380 points to 90.280.

The top performers on the MDAX were Scout24 AG (DE:G24n) which rose 6.23% to 37.500, Delivery Hero AG (DE:DHER) which was up 4.32% to settle at 36.68 and Evotec AG O.N. (DE:EVTG) which gained 3.55% to close at 19.385.

The worst performers were Osram Licht AG (DE:OSRn) which was down 3.07% to 34.69 in late trade, Symrise AG Inh. O.N. (DE:SY1G) which lost 2.23% to settle at 72.760 and Puma SE (DE:PUMG) which was down 1.93% to 457.00 at the close.

The top performers on the TecDAX were Patrizia Immobilien AG (DE:PATGn) which rose 6.39% to 17.820, Nordex SE O.N. (DE:NDXG) which was up 4.83% to settle at 9.120 and RIB Software AG Na (DE:RIB) which gained 4.00% to close at 14.550.

The worst performers were Zooplus AG (DE:ZO1G) which was down 3.66% to 136.70 in late trade, Xing AG (DE:OBCGn) which lost 2.64% to settle at 258.50 and Isra Vision O.N. (DE:ISRG) which was down 2.44% to 38.00 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 496 to 200 and 84 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.09% to 19.21.

Gold Futures for December delivery was up 0.42% or 5.10 to $1228.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.00% or 0.62 to hit $61.59 a barrel, while the January Brent oil contract fell 0.31% or 0.22 to trade at $71.91 a barrel.

EUR/USD was up 0.29% to 1.1460, while EUR/GBP fell 0.05% to 0.8721.

The US Dollar Index Futures was down 0.34% at 95.79.