Germany shares higher at close of trade; DAX up 1.71%

Investing.com – Germany equities were higher at the close on Friday, as gains in the Technology , Food & Beverages and Chemicals sectors propelled shares higher.

At the close in Frankfurt, the DAX added 1.71%, while the MDAX index added 1.35%, and the TecDAX index added 2.08%.

The biggest gainers of the session on the DAX were Wirecard AG (DE: WDIG ), which rose 4.32% or 5.500 points to trade at 132.800 at the close. Linde PLC (DE: LINI ) added 3.40% or 4.550 points to end at 138.550 and Infineon Technologies AG NA O.N. (DE: IFXGn ) was up 3.39% or 0.570 points to 17.365 in late trade.

Biggest losers included Fresenius Medical Care KGAA ST (DE: FMEG ), which lost 0.74% or 0.420 points to trade at 56.640 in late trade. Vonovia SE (DE: VNAn ) declined 0.28% or 0.11 points to end at 39.59 and Deutsche Lufthansa AG (DE: LHAG ) gained 0.59% or 0.115 points to 19.700.

The top performers on the MDAX were Siltronic AG (DE: WAFGn ) which rose 5.52% to 72.200, Commerzbank AG O.N. (DE: CBKG ) which was up 4.42% to settle at 5.783 and Evotec AG O.N. (DE: EVTG ) which gained 4.39% to close at 17.365.

The worst performers were Zalando SE (DE: ZALG ) which was down 2.14% to 22.44 in late trade, Sartorius AG VZO O.N. (DE: SATG_p ) which lost 2.07% to settle at 108.900 and Metro AG (DE: CECG ) which was down 1.47% to 3.146 at the close.

The top performers on the TecDAX were Heidelberger Druckmaschinen O.N. (DE: HDDG ) which rose 6.78% to 1.5910, Sixt AG ST O.N. (DE: SIXG ) which was up 6.63% to settle at 69.200 and Xing AG (DE: OBCGn ) which gained 5.79% to close at 237.50.

The worst performers were Isra Vision O.N. (DE: ISRG ) which was down 2.61% to 24.30 in late trade, Hornbach Holding VZO O.N. (DE: HBH ) which lost 1.67% to settle at 41.200 and Metro AG ST O.N. (DE: CECG ) which was down 1.47% to 3.146 at the close.

Advancing stocks outnumbered falling ones by 592 to 133 and 49 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 7.66% to 23.39.

In commodities trading, Gold Futures for February delivery was up 0.04% or 0.45 to $1281.55 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.30% or 0.58 to hit $45.19 a barrel, while the March Brent oil contract rose 0.49% or 0.26 to trade at $52.99 a barrel.

EUR/USD was up 0.13% to 1.1444, while EUR/GBP fell 0.35% to 0.9009.

The US Dollar Index Futures was down 0.09% at 95.917.