Germany shares higher at close of trade; DAX up 1.56%

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Germany shares higher at close of trade; DAX up 1.56%
Credit: © Reuters. – Germany equities were higher at the close on Tuesday, as gains in the Technology , Financial Services and Construction sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 1.56%, while the MDAX index added 1.41%, and the TecDAX index added 1.71%.

The biggest gainers of the session on the DAX were Deutsche Boerse AG (DE: DB1Gn ), which rose 3.45% or 3.700 points to trade at 111.100 at the close. Infineon Technologies AG NA O.N. (DE: IFXGn ) added 3.07% or 0.670 points to end at 22.460 and Fresenius Medical Care KGAA ST (DE: FMEG ) was up 2.59% or 2.060 points to 81.460 in late trade.

Biggest losers included Commerzbank AG O.N. (DE: CBKG ), which lost 0.40% or 0.044 points to trade at 10.850 in late trade. Muench. Rueckvers. VNA O.N. (DE: MUVGn ) added 0.19% or 0.35 points to end at 184.60 and E.ON SE NA (DE: EONGn ) gained 0.40% or 0.035 points to 8.854.

The top performers on the MDAX were Gerresheimer AG (BS: GXId ) which rose 3.90% to 67.950, Bilfinger SE O.N. (DE: GBFG ) which was up 2.82% to settle at 37.900 and Leoni AG (DE: LEOGn ) which gained 2.81% to close at 52.720.

The worst performers were Suedzucker AG (DE: SZUG ) which was down 7.14% to 13.195 in late trade, Osram Licht AG (F: OSRn ) which lost 1.29% to settle at 59.860 and Axel Springer SE (DE: SPRGn ) which was down 0.36% to 68.300 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE: MDG1k ) which rose 13.06% to 14.720, Draegerwerk VZO O.N. (DE: DRWG_p ) which was up 6.91% to settle at 78.150 and RIB Software AG Na (DE: RIB ) which gained 6.09% to close at 21.940.

The worst performers were SMA Solar Technology AG (DE: S92G ) which was down 3.00% to 53.300 in late trade, GFT Technologies AG (DE: GFTG ) which lost 2.48% to settle at 12.970 and Pfeiffer Vacuum Technology O.N. (DE: PV ) which was down 1.45% to 129.50 at the close.

Advancing stocks outnumbered falling ones by 516 to 182 and 70 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 13.55% to 19.67.

In commodities trading, Gold Futures for April delivery was down 0.83% or 11.20 to $1343.80 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.02% or 0.01 to hit $65.56 a barrel, while the June Brent oil contract rose 0.29% or 0.20 to trade at $69.72 a barrel.

EUR/USD was down 0.27% to 1.2410, while EUR/GBP rose 0.22% to 0.8765.

The US Dollar Index Futures was up 0.34% at 88.94.

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