Germany stocks higher at close of trade; DAX up 0.51%

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At the close in Frankfurt, the DAX rose 0.51% to hit a new all time high, while the MDAX index gained 1.05%, and the TecDAX index gained 0.85%.

The best performers of the session on the DAX were MTU Aero Engines NA O.N. (DE:MTXGn), which rose 2.55% or 4.95 points to trade at 199.40 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 2.42% or 0.217 points to end at 9.197 and Bayer AG NA (DE:BAYGN) was up 1.98% or 1.07 points to 54.98 in late trade.

The worst performers of the session were Siemens AG Class N (DE:SIEGn), which fell 1.37% or 1.83 points to trade at 131.71 at the close. Delivery Hero AG (DE:DHER) declined 1.10% or 1.45 points to end at 130.25 and Beiersdorf AG O.N. (DE:BEIG) was down 0.57% or 0.530 points to 91.680.

The top performers on the MDAX were Thyssenkrupp AG O.N. (DE:TKAG) which rose 4.86% to 11.398, Lanxess AG (DE:LXSG) which was up 4.44% to settle at 63.450 and Metro Wholesale & Food Specialist AG (DE:B4B) which gained 4.25% to close at 10.3600.

The worst performers were Aixtron SE (DE:AIXGn) which was down 2.62% to 17.067 in late trade, Siemens Healthineers AG (DE:SHLG) which lost 2.26% to settle at 47.73 and Nemetschek AG O.N. (DE:NEKG) which was down 1.90% to 56.900 at the close.

The top performers on the TecDAX were Drillisch AG (DE:DRIG) which rose 6.96% to 22.890, LPKF Laser & Electronics (DE:LPKG) which was up 5.51% to settle at 29.700 and S&T AG (DE:SANT1) which gained 3.87% to close at 22.02.

The worst performers were Aixtron SE (DE:AIXGn) which was down 2.62% to 17.067 in late trade, Siemens Healthineers AG (DE:SHLG) which lost 2.26% to settle at 47.73 and Nemetschek AG O.N. (DE:NEKG) which was down 1.90% to 56.900 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 498 to 191 and 31 ended unchanged.

Shares in Thyssenkrupp AG O.N. (DE:TKAG) rose to 52-week highs; gaining 4.86% or 0.528 to 11.398.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.73% to 21.82.

Gold Futures for April delivery was down 0.21% or 3.85 to $1819.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.68% or 1.00 to hit $60.47 a barrel, while the April Brent oil contract rose 1.79% or 1.12 to trade at $63.55 a barrel.

EUR/USD was up 0.11% to 1.2131, while EUR/GBP fell 0.34% to 0.8721.

The US Dollar Index Futures was down 0.15% at 90.335.

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