Germany stocks higher at close of trade; DAX up 1.25%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Financial Services, Retail and Media sectors led shares higher.

At the close in Frankfurt, the DAX added 1.25% to hit a new 6-months high, while the MDAX index climbed 2.19%, and the TecDAX index climbed 2.11%.

The best performers of the session on the DAX were Sartorius AG VZO O.N. (ETR:SATG_p), which rose 5.84% or 21.20 points to trade at 384.10 at the close. Meanwhile, Dr Ing hc F Porsche AG Preferred (ETR:P911_p) added 4.28% or 4.10 points to end at 99.85 and Vonovia SE (ETR:VNAn) was up 3.64% or 0.89 points to 25.36 in late trade.

The worst performers of the session were Fresenius Medical Care KGAA ST (ETR:FMEG), which fell 1.62% or 0.53 points to trade at 32.17 at the close. Fresenius SE&Co KGAA O.N. (ETR:FREG) declined 1.15% or 0.33 points to end at 28.30 and E.ON SE (ETR:EONGn) was down 0.89% or 0.09 points to 9.79.

The top performers on the MDAX were Befesa SA (ETR:BFSA) which rose 6.59% to 49.80, Knorr-Bremse AG (ETR:KBX) which was up 6.55% to settle at 60.82 and Siltronic AG (ETR:WAFGn) which gained 5.72% to close at 75.75.

The worst performers were Lanxess AG (ETR:LXSG) which was down 1.21% to 43.94 in late trade, Talanx AG NA O.N. (ETR:TLXGn) which lost 0.39% to settle at 45.62 and Vantage Towers AG (ETR:VTWRn) which was down 0.31% to 32.14 at the close.

The top performers on the TecDAX were Sartorius AG VZO O.N. (ETR:SATG_p) which rose 5.84% to 384.10, Siltronic AG (ETR:WAFGn) which was up 5.72% to settle at 75.75 and SMA Solar Technology AG (ETR:S92G) which gained 4.98% to close at 68.50.

The worst performers were Qiagen NV (ETR:QIA) which was down 0.62% to 46.61 in late trade, Vantage Towers AG (ETR:VTWRn) which lost 0.31% to settle at 32.14 and United Internet AG NA (ETR:UTDI) which was down 0.29% to 20.49 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 475 to 216 and 70 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.27% to 18.47 a new 6-months low.

Gold Futures for February delivery was up 0.29% or 5.35 to $1,875.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.01% or 1.48 to hit $75.25 a barrel, while the March Brent oil contract rose 1.68% or 1.32 to trade at $79.89 a barrel.

EUR/USD was up 1.00% to 1.08, while EUR/GBP unchanged 0.15% to 0.88.

The US Dollar Index Futures was down 0.84% at 102.78.