Germany shares higher at close of trade; DAX up 1.85%

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Germany shares higher at close of trade; DAX up 1.85%
Credit: © Reuters. – Germany equities were higher at the close on Monday, as gains in the Technology , Pharmaceuticals & Healthcare and Food & Beverages sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 1.85%, while the MDAX index gained 1.34%, and the TecDAX index gained 2.13%.

The biggest gainers of the session on the DAX were Wirecard AG (DE: WDIG ), which rose 5.19% or 6.925 points to trade at 140.375 at the close. Bayerische Motoren Werke AG (DE: BMWG ) added 4.78% or 3.450 points to end at 75.660 and Daimler AG NA O.N. (DE: DAIGn ) was up 4.54% or 2.255 points to 51.950 in late trade.

Biggest losers included Vonovia SE (DE: VNAn ), which lost 3.13% or 1.34 points to trade at 41.43 in late trade. Deutsche Lufthansa AG (DE: LHAG ) declined 1.35% or 0.290 points to end at 21.210 and Beiersdorf AG O.N. (DE: BEIG ) shed 0.83% or 0.780 points to 93.760.

The top performers on the MDAX were Siltronic AG (DE: WAFGn ) which rose 8.12% to 86.280, Rheinmetall AG (DE: RHMG ) which was up 6.80% to settle at 87.360 and Hella KGaA Hueck & Co (DE: HLE ) which gained 5.52% to close at 38.60.

The worst performers were LEG Immobilien AG (DE: LEGn ) which was down 2.35% to 99.160 in late trade, Deutsche Wohnen AG (DE: DWNG ) which lost 2.22% to settle at 41.400 and Grand City Properties SA (DE: GYC ) which was down 2.21% to 20.34 at the close.

The top performers on the TecDAX were Wacker Neuson NA O.N. (DE: WACGn ) which rose 7.16% to 18.850, Aumann AG (DE: AAGG ) which was up 5.72% to settle at 41.6000 and SGL Carbon SE (DE: SGCG ) which gained 5.30% to close at 9.340.

The worst performers were Shop Apotheke Europe NV (DE: SAEG ) which was down 4.18% to 39.000 in late trade, Krones AG O.N. (DE: KRNG ) which lost 4.01% to settle at 75.450 and ADO Properties SARL (DE: ADJ ) which was down 2.88% to 46.60 at the close.

Advancing stocks outnumbered falling ones by 513 to 207 and 61 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 7.73% to 18.15.

In commodities trading, Gold Futures for February delivery was up 1.10% or 13.50 to $1239.50 a troy ounce. Meanwhile, Crude oil for delivery in January rose 3.12% or 1.59 to hit $52.52 a barrel, while the February Brent oil contract rose 2.74% or 1.63 to trade at $61.09 a barrel.

EUR/USD was up 0.37% to 1.1359, while EUR/GBP rose 0.45% to 0.8911.

The US Dollar Index Futures was down 0.39% at 96.817.

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