Germany shares higher at close of trade; DAX up 1.49%

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Germany shares higher at close of trade; DAX up 1.49%
Credit: © Reuters. – Germany equities were higher at the close on Tuesday, as gains in the Consumer & Cyclical , Pharmaceuticals & Healthcare and Utilities sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 1.49%, while the MDAX index gained 0.67%, and the TecDAX index gained 1.68%.

The biggest gainers of the session on the DAX were Linde PLC (DE: LINI ), which rose 4.04% or 5.500 points to trade at 141.800 at the close. Volkswagen AG VZO O.N. (DE: VOWG_p ) added 3.63% or 5.12 points to end at 146.10 and Bayer AG NA (DE: BAYGN ) was up 3.37% or 2.05 points to 62.85 in late trade.

Biggest losers included Vonovia SE (DE: VNAn ), which lost 1.34% or 0.57 points to trade at 42.01 in late trade. Deutsche Post AG NA O.N. (DE: DPWGn ) declined 0.94% or 0.240 points to end at 25.280 and Fresenius SE & Co KGAA O.N. (DE: FREG ) shed 0.55% or 0.220 points to 39.660.

The top performers on the MDAX were Wacker Chemie O.N. (DE: WCHG ) which rose 5.91% to 75.49, Evotec AG O.N. (DE: EVTG ) which was up 5.55% to settle at 18.265 and Freenet AG NA (DE: FNTGn ) which gained 3.69% to close at 17.1200.

The worst performers were Deutsche Pfandbriefbank AG (DE: PBBG ) which was down 2.50% to 8.96 in late trade, Grand City Properties SA (DE: GYC ) which lost 2.44% to settle at 19.22 and LEG Immobilien AG (DE: LEGn ) which was down 2.18% to 96.980 at the close.

The top performers on the TecDAX were Steinhoff International Holdings NV (DE: SNHG ) which rose 9.08% to 0.10, Medigene NA O.N. (DE: MDG1k ) which was up 6.52% to settle at 8.000 and Nordex SE O.N. (DE: NDXG ) which gained 6.38% to close at 8.802.

The worst performers were Hornbach Holding VZO O.N. (DE: HBH ) which was down 16.37% to 42.150 in late trade, KWS SAAT AG O.N. (DE: KWSG ) which lost 8.18% to settle at 252.50 and Adler Real Estate AG (DE: ADLG ) which was down 4.16% to 14.28 at the close.

Advancing stocks outnumbered falling ones by 508 to 199 and 74 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 9.67% to 21.76.

In commodities trading, Gold Futures for February delivery was down 0.02% or 0.20 to $1249.20 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.12% or 0.57 to hit $51.57 a barrel, while the February Brent oil contract rose 0.45% or 0.27 to trade at $60.24 a barrel.

EUR/USD was down 0.37% to 1.1313, while EUR/GBP fell 0.10% to 0.9032.

The US Dollar Index Futures was up 0.27% at 97.450.

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