Germany stocks higher at close of trade; DAX up 0.74%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Technology, Food&Beverages and Software sectors led shares higher.

At the close in Frankfurt, the DAX added 0.74%, while the MDAX index climbed 0.99%, and the TecDAX index added 1.32%.

The best performers of the session on the DAX were Siemens Energy AG (ETR:ENR1n), which rose 5.25% or 0.61 points to trade at 12.13 at the close. Meanwhile, Qiagen NV (ETR:QIA) added 2.62% or 1.05 points to end at 41.16 and Airbus Group SE (ETR:AIRG) was up 2.56% or 3.58 points to 143.24 in late trade.

The worst performers of the session were Fresenius SE&Co KGAA O.N. (ETR:FREG), which fell 1.48% or 0.43 points to trade at 28.56 at the close. Covestro AG (ETR:1COV) declined 1.41% or 0.74 points to end at 51.84 and Merck KGaA (ETR:MRCG) was down 0.91% or 1.30 points to 141.10.

The top performers on the MDAX were Carl Zeiss Meditec AG (ETR:AFXG) which rose 5.89% to 99.16, Wacker Chemie O.N. (ETR:WCHG) which was up 2.89% to settle at 108.45 and Siltronic AG (ETR:WAFGn) which gained 2.83% to close at 92.75.

The worst performers were Lanxess AG (ETR:LXSG) which was down 2.32% to 26.54 in late trade, Aixtron SE (ETR:AIXGn) which lost 1.89% to settle at 33.69 and CTS Eventim AG (ETR:EVDG) which was down 0.90% to 60.35 at the close.

The top performers on the TecDAX were Nagarro SE (ETR:NA9n) which rose 7.25% to 91.75, Carl Zeiss Meditec AG (ETR:AFXG) which was up 5.89% to settle at 99.16 and Morphosys AG O.N. (ETR:MORG) which gained 3.02% to close at 36.50.

The worst performers were Aixtron SE (ETR:AIXGn) which was down 1.89% to 33.69 in late trade, Verbio Vereinigte Bioenergie AG (ETR:VBKG) which lost 1.42% to settle at 27.76 and PNE Wind AG (ETR:PNEGn) which was down 0.74% to 13.46 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 407 to 213 and 26 ended unchanged.

Shares in Airbus Group SE (ETR:AIRG) rose to all time highs; rising 2.56% or 3.58 to 143.24. Shares in Siltronic AG (ETR:WAFGn) rose to 52-week highs; rising 2.83% or 2.55 to 92.75. Shares in Morphosys AG O.N. (ETR:MORG) rose to 52-week highs; up 3.02% or 1.07 to 36.50.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.54% to 14.06.

Gold Futures for February delivery was down 0.55% or 11.35 to $2,038.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 4.70% or 3.47 to hit $70.34 a barrel, while the March Brent oil contract fell 3.96% or 3.12 to trade at $75.64 a barrel.

EUR/USD was unchanged 0.34% to 1.10, while EUR/GBP unchanged 0.10% to 0.86.

The US Dollar Index Futures was down 0.32% at 101.80.