Germany shares higher at close of trade; DAX up 0.71%

Investing.com – Germany equities were higher at the close on Tuesday, as gains in the Food & Beverages , Basic Resources and Industrials sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.71% to hit a new 3-month high, while the MDAX index gained 0.58%, and the TecDAX index climbed 0.44%.

The biggest gainers of the session on the DAX were Thyssenkrupp AG O.N. (DE: TKAG ), which rose 9.46% or 2.040 points to trade at 23.600 at the close. Bayerische Motoren Werke AG (DE: BMWG ) added 2.55% or 2.260 points to end at 90.830 and Volkswagen AG VZO O.N. (DE: VOWG_p ) was up 2.02% or 3.50 points to 176.60 in late trade.

Biggest losers included RWE AG ST O.N. (DE: RWEG ), which lost 0.99% or 0.200 points to trade at 19.920 in late trade. Merck KGaA (DE: MRCG ) declined 0.61% or 0.52 points to end at 84.48 and Covestro AG (DE: 1COV ) shed 0.55% or 0.440 points to 79.000.

The top performers on the MDAX were Deutsche Pfandbriefbank AG (DE: PBBG ) which rose 3.59% to 13.55, Metro Wholesale & Food Specialist AG (DE: B4B ) which was up 3.44% to settle at 11.8850 and Salzgitter AG (DE: SZGG ) which gained 3.25% to close at 48.540.

The worst performers were Metro AG (DE: MEOG ) which was down 6.81% to 8.862 in late trade, Duerr AG (DE: DUEG ) which lost 3.21% to settle at 92.920 and Prosiebensat 1 Media AG (DE: PSMGn ) which was down 2.35% to 26.6500 at the close.

The top performers on the TecDAX were Evotec AG O.N. (DE: EVTG ) which rose 11.58% to 14.115, Adva Optical Networking SE (DE: ADAG ) which was up 3.65% to settle at 6.390 and Dialog Semiconductor (DE: DLGS ) which gained 2.80% to close at 19.440.

The worst performers were Wirecard AG (DE: WDIG ) which was down 3.96% to 126.150 in late trade, Medigene NA O.N. (DE: MDG1k ) which lost 2.82% to settle at 15.840 and CompuGroup Medical AG O.N. (DE: COPMa ) which was down 1.22% to 42.120 at the close.

Advancing stocks outnumbered falling ones by 470 to 223 and 79 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 7.47% to 14.67.

In commodities trading, Gold Futures for June delivery was up 0.06% or 0.80 to $1291.70 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.55% or 0.40 to hit $72.75 a barrel, while the July Brent oil contract rose 1.26% or 1.00 to trade at $80.22 a barrel.

EUR/USD was down 0.06% to 1.1784, while EUR/GBP fell 0.14% to 0.8770.

The US Dollar Index Futures was unchanged 0.00% at 93.46.