Germany shares higher at close of trade; DAX up 0.20%

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Germany shares higher at close of trade; DAX up 0.20%
Credit: © Reuters. – Germany equities were higher at the close on Monday, as gains in the Financial Services , Utilities and Software sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.20% to hit a new 52-week high, while the MDAX index added 0.33%, and the TecDAX index added 0.89%.

The biggest gainers of the session on the DAX were Volkswagen AG VZO O.N. (DE: VOWG_p ), which rose 1.87% or 2.450 points to trade at 133.650 at the close. Beiersdorf AG O.N. (DE: BEIG ) added 1.70% or 1.350 points to end at 80.620 and Infineon Technologies AG NA O.N. (DE: IFXGn ) was up 1.44% or 0.235 points to 16.610 in late trade.

Biggest losers included Deutsche Bank AG NA O.N. (DE: DBKGn ), which lost 4.47% or 0.820 points to trade at 17.505 in late trade. Commerzbank AG O.N. (DE: CBKG ) declined 3.42% or 0.264 points to end at 7.464 and Thyssenkrupp AG O.N. (DE: TKAG ) shed 1.05% or 0.245 points to 23.020.

The top performers on the MDAX were Tag Immobilien AG (DE: TEGG ) which rose 3.78% to 12.215, Osram Licht AG (F: OSRn ) which was up 2.54% to settle at 49.002 and Deutsche Wohnen AG Inh (DE: DWNG ) which gained 2.49% to close at 29.070.

The worst performers were Salzgitter AG (DE: SZGG ) which was down 4.78% to 32.960 in late trade, Rhoen Klinikum AG (DE: RHKG ) which lost 2.94% to settle at 25.225 and Deutsche Pfandbriefbank AG (DE: PBBG ) which was down 1.20% to 9.05 at the close.

The top performers on the TecDAX were Cancom SE O.N. (DE: COKG ) which rose 3.91% to 44.260, GFT Technologies AG (DE: GFTG ) which was up 3.56% to settle at 19.755 and Bechtle AG (DE: BC8G ) which gained 2.90% to close at 94.870.

The worst performers were Alix Resources Corp (F: 37N2 ) which was down 3.03% to 0.032 in late trade, Siltronic AG (DE: WAFGn ) which lost 2.25% to settle at 43.500 and STRATEC Biomedical AG (DE: SBSG ) which was down 1.82% to 44.725 at the close.

Advancing stocks outnumbered falling ones by 425 to 320 and 36 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 1.89% to 15.01.

In commodities trading, Gold for February delivery was up 0.40% or 4.60 to $1142.00 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.08% or 0.04 to hit $52.99 a barrel, while the February Brent oil contract fell 0.36% or 0.20 to trade at $55.01 a barrel.

EUR/USD was down 0.08% to 1.0442, while EUR/GBP rose 0.57% to 0.8414.

The US Dollar Index was down 0.18% at 102.74.

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