Germany shares higher at close of trade; DAX up 1.45%

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Germany shares higher at close of trade; DAX up 1.45%
Credit: © Reuters.

Investing.com – Germany equities were higher at the close on Monday, as gains in the Food & Beverages , Insurance and Transportation & Logistics sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 1.45%, while the MDAX index climbed 1.06%, and the TecDAX index climbed 1.43%.

The biggest gainers of the session on the DAX were Covestro AG (DE: 1COV ), which rose 5.08% or 2.420 points to trade at 50.040 at the close. Deutsche Bank AG NA O.N. (DE: DBKGn ) added 4.79% or 0.391 points to end at 8.561 and Wirecard AG (DE: WDIG ) was up 2.92% or 3.850 points to 135.800 in late trade.

Biggest losers included Deutsche Boerse AG (DE: DB1Gn ), which lost 1.79% or 2.050 points to trade at 112.500 in late trade. Adidas AG (DE: ADSGN ) declined 1.70% or 3.45 points to end at 199.25 and Merck KGaA (DE: MRCG ) shed 0.57% or 0.56 points to 97.36.

The top performers on the MDAX were Rheinmetall AG (DE: RHMG ) which rose 5.17% to 83.400, Freenet AG NA (DE: FNTGn ) which was up 3.97% to settle at 18.0800 and Telefonica Deutschland Holding AG (DE: O2Dn ) which gained 3.87% to close at 3.597.

The worst performers were Aurubis AG (DE: NAFG ) which was down 13.19% to 45.820 in late trade, MTU Aero Engines NA O.N. (DE: MTXGn ) which lost 1.34% to settle at 177.10 and Grand City Properties SA (DE: GYC ) which was down 1.23% to 20.88 at the close.

The top performers on the TecDAX were Aumann AG (DE: AAGG ) which rose 10.42% to 39.7500, SGL Carbon SE (DE: SGCG ) which was up 5.70% to settle at 9.090 and Sixt AG ST O.N. (DE: SIXG ) which gained 4.78% to close at 82.250.

The worst performers were Shop Apotheke Europe NV (DE: SAEG ) which was down 2.65% to 40.400 in late trade, Indus Holding AG (DE: INHG ) which lost 1.08% to settle at 41.200 and Hapag Lloyd AG (DE: HLAG ) which was down 0.99% to 29.9600 at the close.

Advancing stocks outnumbered falling ones by 484 to 226 and 68 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 3.74% to 19.06.

In commodities trading, Gold Futures for February delivery was down 0.02% or 0.30 to $1228.80 a troy ounce. Meanwhile, Crude oil for delivery in January rose 2.54% or 1.28 to hit $51.70 a barrel, while the February Brent oil contract rose 2.79% or 1.65 to trade at $60.69 a barrel.

EUR/USD was up 0.04% to 1.1341, while EUR/GBP rose 0.01% to 0.8849.

The US Dollar Index Futures was up 0.07% at 96.895.

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