Germany shares higher at close of trade; DAX up 0.25%

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Germany shares higher at close of trade; DAX up 0.25%
Credit: © Reuters. – Germany equities were higher at the close on Monday, as gains in the Telecoms , Technology and Insurance sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 0.25%, while the MDAX index added 0.26%, and the TecDAX index gained 0.84%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (DE: CBKG ), which rose 2.94% or 0.318 points to trade at 11.116 at the close. Muench. Rueckvers. VNA O.N. (DE: MUVGn ) added 1.63% or 3.20 points to end at 199.00 and Infineon Technologies AG NA O.N. (DE: IFXGn ) was up 1.42% or 0.300 points to 21.400 in late trade.

Biggest losers included Fresenius Medical Care KGAA ST (DE: FMEG ), which lost 4.19% or 3.560 points to trade at 81.320 in late trade. E.ON SE NA (DE: EONGn ) declined 1.01% or 0.090 points to end at 8.848 and Volkswagen AG VZO O.N. (DE: VOWG_p ) shed 0.97% or 1.66 points to 169.44.

The top performers on the MDAX were Jungheinrich AG O.N.VZO (DE: JUNG_p ) which rose 2.79% to 37.540, Deutsche Pfandbriefbank AG (DE: PBBG ) which was up 2.61% to settle at 13.38 and Aareal Bank AG (DE: ARLG ) which gained 2.07% to close at 42.800.

The worst performers were Steinhoff International Holdings NV (DE: SNHG ) which was down 12.60% to 0.15 in late trade, Suedzucker AG (DE: SZUG ) which lost 3.29% to settle at 13.540 and Metro AG (DE: MEOG ) which was down 2.18% to 9.408 at the close.

The top performers on the TecDAX were Jenoptik AG (DE: JENG ) which rose 3.42% to 31.480, Freenet AG NA (DE: FNTGn ) which was up 2.85% to settle at 27.020 and Siltronic AG (DE: WAFGn ) which gained 2.50% to close at 143.500.

The worst performers were SLM Solutions Group AG (DE: AM3D ) which was down 4.48% to 34.10 in late trade, Nordex SE O.N. (DE: NDXG ) which lost 1.90% to settle at 9.584 and Aixtron SE (DE: AIXGn ) which was down 1.35% to 15.740 at the close.

Advancing stocks outnumbered falling ones by 407 to 293 and 74 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 1.95% to 14.98.

In commodities trading, Gold Futures for June delivery was down 0.96% or 12.90 to $1325.40 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.34% or 0.23 to hit $68.17 a barrel, while the June Brent oil contract rose 0.18% or 0.13 to trade at $74.19 a barrel.

EUR/USD was down 0.58% to 1.2217, while EUR/GBP fell 0.23% to 0.8756.

The US Dollar Index Futures was up 0.59% at 90.61.

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