Germany shares higher at close of trade; DAX up 1.71%

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Germany shares higher at close of trade; DAX up 1.71%
Credit: © Reuters. – Germany equities were higher at the close on Tuesday, as gains in the Retail , Software and Consumer & Cyclical sectors propelled shares higher.

At the close in Frankfurt, the DAX added 1.71% to hit a new 1-month high, while the MDAX index climbed 1.31%, and the TecDAX index gained 2.12%.

The biggest gainers of the session on the DAX were Wirecard AG (DE: WDIG ), which rose 7.34% or 9.025 points to trade at 131.975 at the close. Fresenius Medical Care KGAA ST (DE: FMEG ) added 3.68% or 2.360 points to end at 66.440 and Covestro AG (DE: 1COV ) was up 3.55% or 1.730 points to 50.520 in late trade.

Biggest losers included Infineon Technologies AG NA O.N. (DE: IFXGn ), which lost 0.64% or 0.125 points to trade at 19.275 in late trade. Thyssenkrupp AG O.N. (DE: TKAG ) declined 0.23% or 0.035 points to end at 15.520 and Deutsche Boerse AG (DE: DB1Gn ) gained 0.17% or 0.200 points to 115.800.

The top performers on the MDAX were Delivery Hero AG (DE: DHER ) which rose 6.49% to 34.48, Bechtle AG (DE: BC8G ) which was up 5.78% to settle at 75.000 and Software AG (DE: SOWGn ) which gained 4.30% to close at 34.200.

The worst performers were Salzgitter AG (DE: SZGG ) which was down 8.71% to 24.110 in late trade, Deutsche Euroshop AG (DE: DEQGn ) which lost 1.46% to settle at 27.020 and Grand City Properties SA (DE: GYC ) which was down 1.18% to 21.70 at the close.

The top performers on the TecDAX were Steinhoff International Holdings NV (DE: SNHG ) which rose 0.00% to 0.12, Aixtron SE NA O.N. (DE: AIXGn ) which was up 4.82% to settle at 9.3940 and Bertrandt AG (DE: BDTG ) which gained 4.14% to close at 77.900.

The worst performers were Stabilus (DE: STAB ) which was down 2.92% to 47.24 in late trade, Pfeiffer Vacuum Technology O.N. (DE: PV ) which lost 1.80% to settle at 119.80 and Isra Vision O.N. (DE: ISRG ) which was down 1.20% to 28.85 at the close.

Advancing stocks outnumbered falling ones by 500 to 207 and 75 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 4.35% to 15.38 a new 3-month low.

In commodities trading, Gold Futures for April delivery was down 0.11% or 1.45 to $1317.85 a troy ounce. Meanwhile, Crude oil for delivery in March fell 1.21% or 0.66 to hit $53.90 a barrel, while the April Brent oil contract fell 0.43% or 0.27 to trade at $62.24 a barrel.

EUR/USD was down 0.28% to 1.1403, while EUR/GBP rose 0.40% to 0.8807.

The US Dollar Index Futures was up 0.28% at 95.833.

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