Germany shares higher at close of trade; DAX up 1.93%

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Germany shares higher at close of trade; DAX up 1.93%
Credit: © Reuters. – Germany equities were higher at the close on Monday, as gains in the Insurance , Construction and Basic Resources sectors propelled shares higher.

At the close in Frankfurt, the DAX added 1.93%, while the MDAX index climbed 1.22%, and the TecDAX index climbed 1.84%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (DE: CBKG ), which rose 5.21% or 0.312 points to trade at 6.297 at the close. Deutsche Bank AG NA O.N. (DE: DBKGn ) added 5.19% or 0.635 points to end at 12.865 and Lufthansa AG VNA O.N. (DE: LHAG ) was up 4.24% or 0.495 points to 12.180 in late trade.

Biggest losers included Beiersdorf AG O.N. (DE: BEIG ), which lost 0.42% or 0.340 points to trade at 81.150 in late trade. Volkswagen AG VZO O.N. (DE: VOWG_p ) added 0.55% or 0.650 points to end at 119.350 and Prosiebensat 1 Media AG (DE: PSMGn ) gained 0.67% or 0.235 points to 35.300.

The top performers on the MDAX were Symrise AG Inh. O.N. (DE: SY1G ) which rose 26.83% to 74.525, Jungheinrich AG O.N.VZO (DE: JUNG_p ) which was up 4.02% to settle at 26.810 and Leoni AG (DE: LEOGn ) which gained 3.11% to close at 34.470.

The worst performers were Zalando SE (DE: ZALG ) which was down 3.80% to 36.95 in late trade, Fielmann AG (DE: FIEG ) which lost 3.36% to settle at 60.090 and Evonik Industries AG (DE: EVKn ) which was down 2.35% to 26.405 at the close.

The top performers on the TecDAX were S&T AG (F: SANT1 ) which rose 7.49% to 9.166, Xing AG (DE: OBCGn ) which was up 4.90% to settle at 186.200 and Carl Zeiss Meditec AG (DE: AFXG ) which gained 4.70% to close at 33.000.

The worst performers were STRATEC Biomedical AG (DE: SBSG ) which was down 1.51% to 50.200 in late trade, Nemetschek AG O.N. (DE: NEKG ) which lost 0.07% to settle at 54.520 and Pfeiffer Vacuum Technology O.N. (DE: PV ) which was up 0.36% to 80.990 at the close.

Advancing stocks outnumbered falling ones by 704 to 186 and 22 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 3.22% to 23.80.

In commodities trading, Gold for December delivery was down 1.92% or 25.05 to $1279.45 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.68% or 0.30 to hit $44.37 a barrel, while the January Brent oil contract rose 0.09% or 0.04 to trade at $45.62 a barrel.

EUR/USD was down 0.92% to 1.1037, while EUR/GBP unchanged 0.00% to 0.8902.

The US Dollar Index was up 0.91% at 97.82.

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