Germany shares higher at close of trade; DAX up 0.65%

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Germany shares higher at close of trade; DAX up 0.65%
Credit: © Reuters. – Germany equities were higher at the close on Tuesday, as gains in the Retail , Utilities and Industrials sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.65%, while the MDAX index climbed 0.94%, and the TecDAX index added 0.59%.

The biggest gainers of the session on the DAX were Volkswagen AG VZO O.N. (DE: VOWG_p ), which rose 4.22% or 5.250 points to trade at 129.650 at the close. RWE AG ST O.N. (DE: RWEG ) added 2.46% or 0.285 points to end at 11.860 and Deutsche Bank AG NA O.N. (DE: DBKGn ) was up 2.42% or 0.355 points to 15.005 in late trade.

Biggest losers included Muench. Rueckvers. VNA O.N. (DE: MUVGn ), which lost 2.17% or 3.550 points to trade at 159.700 in late trade. Fresenius Medical Care KGAA ST (DE: FMEG ) declined 0.66% or 0.500 points to end at 75.670 and Fresenius SE & Co KGAA O.N. (DE: FREG ) shed 0.46% or 0.300 points to 64.470.

The top performers on the MDAX were Aareal Bank AG (DE: ARLG ) which rose 9.21% to 32.500, Leoni AG NA O.N. (DE: LEOGn ) which was up 5.81% to settle at 31.040 and Hugo Boss AG NA O.N. (DE: BOSSn ) which gained 4.13% to close at 56.420.

The worst performers were Rhoen-Klinikum O.N. (DE: RHKG ) which was down 3.30% to 26.500 in late trade, Hochtief AG (DE: HOTG ) which lost 3.23% to settle at 109.300 and Brenntag AG (DE: BNRGn ) which was down 2.86% to 47.000 at the close.

The top performers on the TecDAX were Evotec AG O.N. (DE: EVTG ) which rose 7.05% to 3.736, Drillisch AG O.N. (DE: DRIG ) which was up 4.44% to settle at 35.870 and Aixtron SE NA O.N. (DE: AIXGn ) which gained 4.31% to close at 4.190.

The worst performers were Morphosys AG O.N. (DE: MORG ) which was down 4.25% to 41.690 in late trade, Adva Optical Networking SE (DE: ADAG ) which lost 1.72% to settle at 8.553 and Cancom SE O.N. (DE: COKG ) which was down 1.02% to 44.840 at the close.

Advancing stocks outnumbered falling ones by 556 to 312 and 26 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 4.21% to 21.37.

In commodities trading, Gold for June delivery was down 0.39% or 4.95 to $1261.65 a troy ounce. Meanwhile, Crude oil for delivery in June rose 2.51% or 1.09 to hit $44.53 a barrel, while the July Brent oil contract rose 3.87% or 1.69 to trade at $45.32 a barrel.

EUR/USD was up 0.03% to 1.1385, while EUR/GBP fell 0.24% to 0.7880.

The US Dollar Index was up 0.04% at 94.18.

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