Germany stocks higher at close of trade; DAX up 1.34%

Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Retail, Technology and Transportation&Logistics sectors led shares higher.

At the close in Frankfurt, the DAX gained 1.34%, while the MDAX index climbed 2.08%, and the TecDAX index added 1.40%.

The best performers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 6.33% or 2.08 points to trade at 34.92 at the close. Meanwhile, Adidas AG (ETR:ADSGN) added 5.53% or 6.50 points to end at 124.00 and Vonovia SE (ETR:VNAn) was up 5.07% or 1.16 points to 24.03 in late trade.

The worst performers of the session were Beiersdorf AG O.N. (ETR:BEIG), which fell 0.79% or 0.85 points to trade at 106.60 at the close. Porsche Automobil Holding SE (ETR:PSHG_p) declined 0.75% or 0.42 points to end at 55.46 and Bayerische Motoren Werke AG (ETR:BMWG) was down 0.50% or 0.42 points to 84.01.

The top performers on the MDAX were Delivery Hero AG (ETR:DHER) which rose 9.33% to 43.73, Aroundtown Property Holdings PLC (ETR:AT1) which was up 6.38% to settle at 2.60 and Tag Immobilien AG (ETR:TEGG) which gained 6.15% to close at 6.12.

The worst performers were Carl Zeiss Meditec AG (ETR:AFXG) which was down 2.31% to 124.80 in late trade, Stabilus (ETR:STM1) which lost 1.89% to settle at 62.20 and Rheinmetall AG (ETR:RHMG) which was down 1.06% to 196.80 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (ETR:NEKG) which rose 5.73% to 50.58, Infineon Technologies AG NA O.N. (ETR:IFXGn) which was up 4.56% to settle at 32.57 and Bechtle AG (ETR:BC8G) which gained 3.37% to close at 37.09.

The worst performers were Carl Zeiss Meditec AG (ETR:AFXG) which was down 2.31% to 124.80 in late trade, Morphosys AG O.N. (ETR:MORG) which lost 1.88% to settle at 15.40 and SMA Solar Technology AG (ETR:S92G) which was down 1.27% to 66.25 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 462 to 206 and 91 ended unchanged.

Shares in Porsche Automobil Holding SE (ETR:PSHG_p) fell to 52-week lows; falling 0.75% or 0.42 to 55.46.

The DAX volatility index, which measures the implied volatility of DAX options, was down 9.20% to 20.72.

Gold Futures for February delivery was up 1.66% or 29.75 to $1,822.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 3.39% or 2.48 to hit $75.65 a barrel, while the February Brent oil contract rose 3.59% or 2.80 to trade at $80.79 a barrel.

EUR/USD was up 0.76% to 1.06, while EUR/GBP unchanged 0.02% to 0.86.

The US Dollar Index Futures was down 1.04% at 103.67.