Germany stocks higher at close of trade; DAX up 0.11%

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

At the close in Frankfurt, the DAX rose 0.11%, while the MDAX index added 0.80%, and the TecDAX index climbed 1.03%.

The best performers of the session on the DAX were Deutsche Boerse AG (ETR:DB1Gn), which rose 3.52% or 5.60 points to trade at 164.85 at the close. Meanwhile, SAP SE (ETR:SAPG) added 2.36% or 3.04 points to end at 131.76 and Vonovia SE (ETR:VNAn) was up 2.29% or 0.53 points to 23.71 in late trade.

The worst performers of the session were Daimler Truck Holding AG (ETR:DTGGe), which fell 4.62% or 1.37 points to trade at 28.28 at the close. Bayerische Motoren Werke AG (ETR:BMWG) declined 1.64% or 1.52 points to end at 91.31 and Porsche Automobil Holding SE (ETR:PSHG_p) was down 1.23% or 0.55 points to 44.16.

The top performers on the MDAX were Telefonica Deutschland Holding AG (ETR:O2Dn) which rose 37.86% to 2.35, United Internet AG NA (ETR:UTDI) which was up 4.39% to settle at 20.94 and Scout24 AG (ETR:G24n) which gained 4.14% to close at 61.42.

The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 3.88% to 52.05 in late trade, Befesa SA (ETR:BFSA) which lost 2.21% to settle at 26.50 and Fraport AG (ETR:FRAG) which was down 2.13% to 48.61 at the close.

The top performers on the TecDAX were Telefonica Deutschland Holding AG (ETR:O2Dn) which rose 37.86% to 2.35, United Internet AG NA (ETR:UTDI) which was up 4.39% to settle at 20.94 and SAP SE (ETR:SAPG) which gained 2.36% to close at 131.76.

The worst performers were ADTRAN Holdingsa Inc (ETR:QH9) which was down 24.49% to 5.08 in late trade, SMA Solar Technology AG (ETR:S92G) which lost 3.88% to settle at 52.05 and Verbio Vereinigte Bioenergie AG (ETR:VBKG) which was down 3.78% to 30.31 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 327 to 297 and 21 ended unchanged.

Shares in SAP SE (ETR:SAPG) rose to 3-years highs; rising 2.36% or 3.04 to 131.76. Shares in SMA Solar Technology AG (ETR:S92G) fell to 52-week lows; falling 3.88% or 2.10 to 52.05. Shares in ADTRAN Holdingsa Inc (ETR:QH9) fell to all time lows; losing 24.49% or 1.65 to 5.08. Shares in SMA Solar Technology AG (ETR:S92G) fell to 52-week lows; falling 3.88% or 2.10 to 52.05. Shares in SAP SE (ETR:SAPG) rose to 3-years highs; gaining 2.36% or 3.04 to 131.76.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.53% to 15.81 a new 1-month low.

Gold Futures for December delivery was down 0.92% or 18.35 to $1,970.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 3.64% or 2.94 to hit $77.88 a barrel, while the January Brent oil contract fell 3.57% or 3.04 to trade at $82.14 a barrel.

EUR/USD was unchanged 0.32% to 1.07, while EUR/GBP unchanged 0.15% to 0.87.

The US Dollar Index Futures was up 0.44% at 105.50.