Germany stocks higher at close of trade; DAX up 1.63%

Germany stocks were higher after the close on Tuesday, as gains in the Software, Consumer & Cyclical and Media sectors led shares higher.

At the close in Frankfurt, the DAX gained 1.63%, while the MDAX index climbed 2.12%, and the TecDAX index gained 0.96%.

The best performers of the session on the DAX were SAP AG O.N. (DE:SAPG), which rose 3.70% or 2.650 points to trade at 74.250 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:VOWG_p) added 3.33% or 3.900 points to end at 120.950 and Beiersdorf AG O.N. (DE:BEIG) was up 3.02% or 2.370 points to 80.950 in late trade.

The worst performers of the session were Lufthansa AG VNA O.N. (DE:LHAG), which fell 2.08% or 0.305 points to trade at 14.350 at the close. Thyssenkrupp AG O.N. (DE:TKAG) declined 0.56% or 0.090 points to end at 16.090 and K+S AG NA O.N. (DE:SDFGn) was down 0.31% or 0.065 points to 20.650.

The top performers on the MDAX were GEA Group AG (DE:G1AG) which rose 7.62% to 36.240, Aareal Bank AG (DE:ARLG) which was up 5.31% to settle at 27.570 and Evonik Industries AG (DE:EVKn) which gained 4.69% to close at 29.155.
The worst performers were Tag Immobilien AG (DE:TEGG) which was down 1.35% to 10.970 in late trade, Fraport AG (DE:FRAG) which lost 0.25% to settle at 55.760 and STADA Arzneimittel VNA O.N. (DE:STAGn) which was down 0.23% to 34.585 at the close.

The top performers on the TecDAX were Xing AG (DE:OBCGn) which rose 10.77% to 173.250, CompuGroup Medical AG O.N. (DE:COPMa) which was up 6.04% to settle at 35.575 and Adva Optical Networking SE (DE:ADAG) which gained 4.23% to close at 10.590.

The worst performers were Dialog Semiconductor (DE:DLGS) which was down 2.59% to 26.300 in late trade, Morphosys AG O.N. (DE:MORG) which lost 1.98% to settle at 47.585 and QSC AG NA O.N. (DE:QSCG) which was down 1.75% to 1.462 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 499 to 185 and 36 ended unchanged.
Shares in K+S AG NA O.N. (DE:SDFGn) fell to 52-week lows; down 0.31% or 0.065 to 20.650. Shares in Dialog Semiconductor (DE:DLGS) fell to 52-week lows; falling 2.59% or 0.700 to 26.300. Shares in Morphosys AG O.N. (DE:MORG) fell to 52-week lows; falling 1.98% or 0.960 to 47.585.

The DAX volatility index, which measures the implied volatility of DAX options, was down 4.58% to 26.64.

Gold for February delivery was down 0.97% or 10.60 to $1085.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 3.66% or 1.15 to hit $30.26 a barrel, while the March Brent oil contract fell 3.42% or 1.09 to trade at $30.79 a barrel.

EUR/USD was down 0.33% to 1.0823, while EUR/GBP rose 0.57% to 0.7508.

The US Dollar Index was up 0.36% at 99.27.
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