Germany shares higher at close of trade; DAX up 0.43%

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Germany shares higher at close of trade; DAX up 0.43%
Credit: © Reuters. – Germany equities were higher at the close on Tuesday, as gains in the Utilities , Food & Beverages and Media sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.43% to hit a new all time high, while the MDAX index added 0.34%, and the TecDAX index gained 0.64%.

The biggest gainers of the session on the DAX were E.ON SE NA (DE: EONGn ), which rose 4.31% or 0.306 points to trade at 7.398 at the close. RWE AG ST O.N. (DE: RWEG ) added 1.37% or 0.210 points to end at 15.565 and Thyssenkrupp AG O.N. (DE: TKAG ) was up 1.19% or 0.265 points to 22.445 in late trade.

Biggest losers included Muench. Rueckvers. VNA O.N. (DE: MUVGn ), which lost 1.58% or 2.85 points to trade at 177.20 in late trade. Deutsche Post AG NA O.N. (DE: DPWGn ) declined 0.74% or 0.245 points to end at 32.850 and Volkswagen AG VZO O.N. (DE: VOWG_p ) shed 0.72% or 1.05 points to 144.25.

The top performers on the MDAX were Suedzucker AG (DE: SZUG ) which rose 2.16% to 20.075, Evonik Industries AG (DE: EVKn ) which was up 2.06% to settle at 31.530 and Axel Springer SE (DE: SPRGn ) which gained 2.01% to close at 53.730.

The worst performers were Fraport AG (DE: FRAG ) which was down 2.49% to 72.350 in late trade, Schaeffler AG Pref (DE: SHA_p ) which lost 1.77% to settle at 15.56 and Zalando SE (DE: ZALG ) which was down 1.39% to 40.53 at the close.

The top performers on the TecDAX were Draegerwerk VZO O.N. (DE: DRWG_p ) which rose 5.40% to 105.400, SMA Solar Technology AG (DE: S92G ) which was up 4.61% to settle at 25.625 and Xing AG (DE: OBCGn ) which gained 2.74% to close at 211.50.

The worst performers were Slm Solution G (DE: AM3D ) which was down 1.41% to 38.45 in late trade, Medigene NA O.N. (DE: MDG1k ) which lost 0.98% to settle at 10.645 and Drillisch AG (DE: DRIG ) which was down 0.76% to 49.225 at the close.

Advancing stocks outnumbered falling ones by 498 to 248 and 29 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 2.10% to 12.96 a new 1-month low.

In commodities trading, Gold Futures for June delivery was down 0.74% or 9.04 to $1218.06 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.93% or 0.43 to hit $46.00 a barrel, while the July Brent oil contract fell 0.87% or 0.43 to trade at $48.91 a barrel.

EUR/USD was down 0.43% to 1.0877, while EUR/GBP fell 0.43% to 0.8404.

The US Dollar Index Futures was up 0.44% at 99.47.

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