Germany stocks higher at close of trade

Germany stocks higher at close of trade

Germany stocks were higher after the close on Tuesday, as gains in the Basic Resources, Utilities and Telecoms sectors led shares higher.

At the close in Frankfurt, the DAX rose 2.27% to hit a new 3-months high, while the MDAX index added 1.32%, and the TecDAX index added 1.45%.

The best performers of the session on the DAX were RWE AG ST O.N., which rose 4.68% or 0.560 points to trade at 12.530 at the close. Meanwhile, Beiersdorf AG O.N.  added 3.67% or 2.910 points to end at 82.240 and Infineon Technologies AG NA O.N.  was up 3.51% or 0.435 points to 12.815 in late trade.

The worst performers of the session were Commerzbank AG O.N., which fell 0.81% or 0.069 points to trade at 8.456 at the close. Henkel AG & Co Kgaa Vzo  unchanged 0.00% or 0.000 points to end at 100.700 and Deutsche Bank AG NA O.N.  was up 0.10% or 0.015 points to 15.640. Like to read more Bbc-Stock News

The top performers on the MDAX were Aurubis AG  which rose 5.99% to 46.235, Salzgitter AG O.N.  which was up 4.49% to settle at 29.770 and Duerr AG O.N.  which gained 3.69% to close at 69.880.

The worst performers were Osram Licht AG which was down 3.60% to 45.572 in late trade, Zalando SE  which lost 2.30% to settle at 29.31 and Gerresheimer AG  which was unchanged 0.00% to 69.240 at the close.

The top performers on the TecDAX were Nordex SE O.N. which rose 3.98% to 24.400, Freenet AG NA  which was up 3.97% to settle at 27.345 and Suess Microtec NA O.N.  which gained 3.41% to close at 9.788.

The worst performers were Siltronic AG  which was down 2.95% to 17.280 in late trade, Jenoptik AG O.N. which lost 1.58% to settle at 14.055 and RIB Software AG Na which was down 1.49% to 9.028 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 643 to 235 and 35 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 5.12% to 18.36 a new 6-months low.

Gold for June delivery was up 1.61% or 19.90 to $1254.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.65% or 1.09 to hit $42.28 a barrel, while the June Brent oil contract rose 2.24% or 0.96 to trade at $43.87 a barrel.

EUR/USD was up 0.51% to 1.1371, while EUR/GBP fell 0.23% to 0.7905.

The US Dollar Index was down 0.48% at 94.00.