The German stock market was up; DAX 30 added 1.94%

21.01.2016

Germany's stock market closed Thursday trading with growth due to consolidation of the utility, core resources and telecommunications sectors.

At the close of the Frankfurt Stock Exchange, DAX 30 rose 1.94%, MDAX rose 1.58%, and TecDAX index grew by 1.59%.

The leaders of growth among DAX 30 components were the shares of RWE AG (DE: RWEG), which rose 0.675 p. (6.08%) and closed at around 11.785. Quotes of Volkswagen AG Vz (DE: VOWG_p) increased by 5.800 p. (5.54%), ending trading at 110.400. Shares of Deutsche Lufthansa AG (DE: LHAG) rose 0.580 p. (4.37%), closing at 13.855.

The worst performers were shares of Deutsche Bank AG (DE: DBKGn), the price of which has fallen by 0.595 p. (3.36%), ending the session at around 17.125. Shares of adidas AG (DE: ADSGN) fell 1.660 p. (1.80%) to 90.420 and Allianz (DE: ALVG) rose 0.450 p. (0.31%) to 145.050.

The leaders of growth among MDAX index were the shares of Salzgitter (DE: SZGG), which rose 7.01% to reach 19.925, Osram Licht (DE: OSRn), which gained 4.04%, to close at 38.036 and shares of Vonovia SE (DE: VNAn), increasing by 3.80%, to 25.94.

Leaders of falling were shares of Kuka (DE: KU2G), which fell in price by 1.85%, closing at 70.460. Shares of DMG Mori Seiki AG (DE: GILG) lost 0.52% to 35.620. Quotes of Fuchs Petrolub AG (DE: FPEG_p) fell in price by 0.47% to reach 36.340.

The leaders of growth among TecDAX index components were the shares of SMA Solar Technology AG (DE: S92G), which rose 5.20% to reach 44.190, Aixtron SE (DE: AIXGn), which gained 4.85% to close at the level of 3.348, as well as shares of CompuGroup Medical AG (DE: COPMa), which rose 3.95%, ending the session at around 34.435.

Leaders of falling were shares of Nordex SE (DE: NDXG), down 1.07%, to 27.700. Shares of Drillisch (DE: DRIG) lost 0.50% and ended the session at 35.750.

On the Frankfurt Stock Exchange, the number of advancing securities (517) exceeded the number closed down (169), and quotes of 37 shares remained virtually unchanged.

Volatility Index – DAX Volatility, which is based on indicators of options trading on DAX 30, rose 3.96% to reach 29.43.

Meanwhile EUR/USD fell 0.43% to 1.0841 and EUR/GBP fell 0.63%, reaching 0.7626.

USD Index rose 0.18% to 99.34.

Back Next suggested article