Germany shares higher at close of trade; DAX up 0.75%

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

At the close in Frankfurt, the DAX rose 0.75%, while the MDAX index climbed 1.07%, and the TecDAX index added 1.58%.

The biggest gainers of the session on the DAX were Wirecard AG (DE: WDIG ), which rose 6.19% or 7.650 points to trade at 131.300 at the close. Deutsche Bank AG NA O.N. (DE: DBKGn ) added 4.96% or 0.381 points to end at 8.060 and Merck KGaA (DE: MRCG ) was up 2.18% or 2.08 points to 97.42 in late trade.

Biggest losers included Bayer AG NA (DE: BAYGN ), which lost 1.57% or 1.09 points to trade at 68.40 in late trade. Beiersdorf AG O.N. (DE: BEIG ) declined 1.30% or 1.120 points to end at 85.000 and Deutsche Boerse AG (DE: DB1Gn ) shed 0.53% or 0.600 points to 113.100.

The top performers on the MDAX were Commerzbank AG O.N. (DE: CBKG ) which rose 7.15% to 7.104, Sartorius AG VZO O.N. (DE: SATG_p ) which was up 3.39% to settle at 143.200 and RTL Group SA (DE: RRTL ) which gained 2.94% to close at 49.680.

The worst performers were Tag Immobilien AG (DE: TEGG ) which was down 1.39% to 21.300 in late trade, Jungheinrich AG O.N.VZO (DE: JUNG_p ) which lost 1.28% to settle at 26.120 and Axel Springer SE (DE: SPRGn ) which was down 1.22% to 46.920 at the close.

The top performers on the TecDAX were Wirecard AG (DE: WDIG ) which rose 6.19% to 131.300, SMA Solar Technology AG (DE: S92G ) which was up 4.27% to settle at 22.960 and S&T AG (DE: SANT1 ) which gained 4.20% to close at 21.82.

The worst performers were Xing AG (DE: OBCGn ) which was down 1.32% to 298.50 in late trade, Drillisch AG (DE: DRIG ) which lost 0.99% to settle at 35.960 and Draegerwerk VZO O.N. (DE: DRWG_p ) which was down 0.74% to 45.880 at the close.

Advancing stocks outnumbered falling ones by 502 to 206 and 75 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 1.89% to 15.03.

In commodities trading, Gold Futures for April delivery was down 0.58% or 7.50 to $1291.80 a troy ounce. Meanwhile, Crude oil for delivery in April rose 1.12% or 0.63 to hit $56.70 a barrel, while the May Brent oil contract rose 1.06% or 0.70 to trade at $66.44 a barrel.

EUR/USD was up 0.04% to 1.1242, while EUR/GBP fell 0.87% to 0.8556.

The US Dollar Index Futures was down 0.10% at 97.175.