Germany shares mixed at close of trade; DAX up 0.42%

Investing.com – Germany equities were mixed at the close on Monday, as gains in the Technology , Consumer & Cyclical and Basic Resources sectors propelled shares higher while losses in the Food & Beverages , Financial Services and Telecoms sectors led shares lower.

At the close in Frankfurt, the DAX rose 0.42% to hit a new 3-month high, while the MDAX index declined 0.01%, and the TecDAX index gained 0.32%.

The biggest gainers of the session on the DAX were Volkswagen AG VZO O.N. (DE: VOWG_p ), which rose 3.04% or 4.46 points to trade at 151.18 at the close. Adidas AG (DE: ADSGN ) added 3.04% or 6.20 points to end at 210.30 and Infineon Technologies AG NA O.N. (DE: IFXGn ) was up 2.59% or 0.510 points to 20.170 in late trade.

Biggest losers included Covestro AG (DE: 1COV ), which lost 3.16% or 1.630 points to trade at 49.970 in late trade. Vonovia SE (DE: VNAn ) declined 1.46% or 0.64 points to end at 43.13 and Merck KGaA (DE: MRCG ) shed 0.91% or 0.88 points to 95.32.

The top performers on the MDAX were Hella KGaA Hueck & Co (DE: HLE ) which rose 4.31% to 40.70, Zalando SE (DE: ZALG ) which was up 4.13% to settle at 27.26 and Schaeffler AG Pref (DE: SHA_p ) which gained 2.80% to close at 7.99.

The worst performers were Duerr AG (DE: DUEG ) which was down 1.63% to 33.860 in late trade, Siltronic AG (DE: WAFGn ) which lost 1.44% to settle at 89.200 and Rocket Internet (DE: RKET ) which was down 1.30% to 21.22 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE: MDG1k ) which rose 8.05% to 9.530, VTG AG O.N. (DE: VT9G ) which was up 7.07% to settle at 53.000 and Steinhoff International Holdings NV (DE: SNHG ) which gained 6.72% to close at 0.13.

The worst performers were Corestate Capital Holding SA (DE: CCAG ) which was down 6.32% to 30.4000 in late trade, JOST Werke AG (DE: JSTG ) which lost 3.30% to settle at 29.3000 and Rhoen Klinikum AG (DE: RHKG ) which was down 3.07% to 24.000 at the close.

Advancing stocks outnumbered falling ones by 397 to 305 and 80 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 1.93% to 15.72.

In commodities trading, Gold Futures for April delivery was down 0.30% or 3.95 to $1328.85 a troy ounce. Meanwhile, Crude oil for delivery in April fell 3.32% or 1.90 to hit $55.36 a barrel, while the May Brent oil contract fell 3.39% or 2.28 to trade at $64.97 a barrel.

EUR/USD was up 0.07% to 1.1349, while EUR/GBP rose 0.09% to 0.8679.

The US Dollar Index Futures was up 0.02% at 96.382.