Germany shares higher at close of trade; DAX up 0.83%

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Germany shares higher at close of trade; DAX up 0.83%
Credit: © Reuters. – Germany equities were higher at the close on Tuesday, as gains in the Technology , Chemicals and Industrials sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 0.83%, while the MDAX index climbed 0.94%, and the TecDAX index gained 1.10%.

The biggest gainers of the session on the DAX were Infineon Technologies AG NA O.N. (DE: IFXGn ), which rose 2.23% or 0.490 points to trade at 22.510 at the close. Deutsche Bank AG NA O.N. (DE: DBKGn ) added 1.52% or 0.200 points to end at 13.394 and BASF SE NA O.N. (DE: BASFN ) was up 1.43% or 1.230 points to 87.480 in late trade.

Biggest losers included Deutsche Boerse AG (DE: DB1Gn ), which lost 0.61% or 0.650 points to trade at 105.150 in late trade. Volkswagen AG VZO O.N. (DE: VOWG_p ) declined 0.60% or 1.00 points to end at 164.86 and Bayerische Motoren Werke AG (DE: BMWG ) shed 0.55% or 0.480 points to 86.800.

The top performers on the MDAX were Covestro AG (DE: 1COV ) which rose 3.33% to 93.000, Stroeer SE (DE: SAXG ) which was up 2.89% to settle at 65.950 and Hochtief AG (DE: HOTG ) which gained 2.46% to close at 137.70.

The worst performers were Steinhoff International Holdings NV (DE: SNHG ) which was down 3.47% to 0.36 in late trade, Metro AG (DE: MEOG ) which lost 2.14% to settle at 10.950 and Aareal Bank AG (DE: ARLG ) which was down 1.74% to 39.050 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE: NDXG ) which rose 4.75% to 9.882, GFT Technologies AG (DE: GFTG ) which was up 3.47% to settle at 11.640 and S&T AG (F: SANT1 ) which gained 2.66% to close at 21.580.

The worst performers were Software AG (DE: SOWG ) which was down 1.29% to 42.240 in late trade, Xing AG (DE: OBCGn ) which lost 0.95% to settle at 262.00 and Pfeiffer Vacuum Technology O.N. (DE: PV ) which was down 0.85% to 151.50 at the close.

Advancing stocks outnumbered falling ones by 473 to 255 and 81 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 2.98% to 19.25.

In commodities trading, Gold Futures for April delivery was down 1.56% or 21.10 to $1335.10 a troy ounce. Meanwhile, Crude oil for delivery in April rose 1.22% or 0.75 to hit $62.30 a barrel, while the April Brent oil contract rose 0.03% or 0.02 to trade at $65.69 a barrel.

EUR/USD was down 0.45% to 1.2351, while EUR/GBP fell 0.58% to 0.8810.

The US Dollar Index Futures was up 0.48% at 89.51.

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