Germany stocks higher at close of trade; DAX up 0.17%

15/04/2019 17:15:00 Stock Market

Germany stocks were higher after the close on Monday, as gains in the Telecoms, Transportation&Logistics and Software sectors led shares higher.

At the close in Frankfurt, the DAX added 0.17% to hit a new 6-months high, while the MDAX index added 0.48%, and the TecDAX index gained 1.06%.

The best performers of the session on the DAX were Wirecard AG (DE:WDIG), which rose 3.13% or 3.450 points to trade at 113.850 at the close. Meanwhile, Thyssenkrupp AG O.N. (DE:TKAG) added 1.82% or 0.230 points to end at 12.880 and Deutsche Lufthansa AG (DE:LHAG) was up 1.66% or 0.360 points to 22.080 in late trade.

The worst performers of the session were Covestro AG (DE:1COV), which fell 4.19% or 2.320 points to trade at 53.000 at the close. Vonovia SE (DE:VNAn) declined 1.65% or 0.74 points to end at 43.98 and Deutsche Boerse AG (DE:DB1Gn) was down 1.44% or 1.650 points to 112.900.

The top performers on the MDAX were Software AG (DE:SOWGn) which rose 4.58% to 31.960, Rocket Internet (DE:RKET) which was up 3.69% to settle at 23.02 and Freenet AG NA (DE:FNTGn) which gained 3.51% to close at 20.6700.

The worst performers were Deutsche Wohnen AG (DE:DWNG) which was down 2.46% to 39.310 in late trade, LEG Immobilien AG (DE:LEGn) which lost 1.82% to settle at 102.400 and Gerresheimer AG (DE:GXIG) which was down 1.59% to 68.000 at the close.

The top performers on the TecDAX were SLM Solutions Group AG (DE:AM3D) which rose 5.94% to 9.10, Software AG (DE:SOWGn) which was up 4.58% to settle at 31.960 and RIB Software AG Na (DE:RIB) which gained 3.98% to close at 16.200.

The worst performers were Qiagen NV (DE:QIA) which was down 0.94% to 35.830 in late trade, Xing AG (DE:OBCGn) which lost 0.76% to settle at 324.50 and Infineon Technologies AG NA O.N. (DE:IFXGn) which was down 0.53% to 20.610 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 433 to 258 and 83 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.33% to 12.48 a new 52-week low.

Gold Futures for June delivery was down 0.24% or 3.05 to $1292.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.70% or 0.45 to hit $63.44 a barrel, while the June Brent oil contract fell 0.53% or 0.38 to trade at $71.17 a barrel.

EUR/USD was up 0.05% to 1.1306, while EUR/GBP fell 0.18% to 0.8629.

The US Dollar Index Futures was down 0.07% at 96.532.