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 , Media and Basic Resources sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 0.83%, while the MDAX index gained 0.96%, and the TecDAX index climbed 1.58%.

The biggest gainers of the session on the DAX were Infineon Technologies AG NA O.N. (DE: IFXGn ), which rose 3.29% or 0.805 points to trade at 25.280 at the close. Volkswagen AG VZO O.N. (DE: VOWG_p ) added 3.02% or 5.00 points to end at 170.40 and Bayerische Motoren Werke AG (DE: BMWG ) was up 1.88% or 1.600 points to 86.780 in late trade.

Biggest losers included Heidelbergcement AG O.N. (DE: HEIG ), which lost 1.94% or 1.800 points to trade at 91.170 in late trade. RWE AG ST O.N. (DE: RWEG ) declined 1.93% or 0.385 points to end at 19.600 and Commerzbank AG O.N. (DE: CBKG ) shed 1.25% or 0.155 points to 12.215.

The top performers on the MDAX were CTS Eventim AG (DE: EVDG ) which rose 3.76% to 38.910, Covestro AG (DE: 1COV ) which was up 2.89% to settle at 84.650 and Aurubis AG (DE: NAFG ) which gained 2.78% to close at 70.710.

The worst performers were Innogy SE (DE: IGY ) which was down 1.46% to 39.150 in late trade, Bilfinger SE O.N. (DE: GBFG ) which lost 1.44% to settle at 37.310 and Lanxess AG (DE: LXSG ) which was down 1.06% to 64.710 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE: MDG1k ) which rose 15.83% to 12.220, Adva Optical Networking SE (DE: ADAG ) which was up 10.00% to settle at 6.118 and Qiagen NV (DE: QGEN ) which gained 4.19% to close at 27.590.

The worst performers were Telefonica Deutschland Holding AG (DE: O2Dn ) which was down 1.45% to 4.090 in late trade, Slm Solution G (DE: AM3D ) which lost 0.64% to settle at 45.18 and Freenet AG NA (DE: FNTGn ) which was down 0.27% to 31.640 at the close.

Advancing stocks outnumbered falling ones by 502 to 242 and 41 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 4.46% to 12.74.

In commodities trading, Gold Futures for December delivery was up 0.56% or 7.15 to $1282.45 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.55% or 0.31 to hit $56.73 a barrel, while the January Brent oil contract rose 0.31% or 0.19 to trade at $62.41 a barrel.

EUR/USD was up 0.06% to 1.1740, while EUR/GBP rose 0.08% to 0.8872.

The US Dollar Index Futures was down 0.12% at 93.89.

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