Germany stocks higher at close of trade; DAX up 0.66%

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At the close in Frankfurt, the DAX added 0.66%, while the MDAX index gained 0.89%, and the TecDAX index gained 1.13%.

The best performers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which rose 6.29% or 12.27 points to trade at 207.45 at the close. Meanwhile, Continental AG O.N. (DE:CONG) added 3.49% or 3.97 points to end at 117.75 and Delivery Hero AG (DE:DHER) was up 3.05% or 3.20 points to 108.00 in late trade.

The worst performers of the session were Adidas AG (DE:ADSGN), which fell 1.97% or 5.80 points to trade at 288.70 at the close. RWE AG ST O.N. (DE:RWEG) declined 1.38% or 0.450 points to end at 32.200 and Allianz SE VNA O.N. (DE:ALVG) was down 0.84% or 1.80 points to 211.70.

The top performers on the MDAX were Varta AG (DE:VAR1) which rose 14.39% to 128.000, Hugo Boss AG NA O.N. (DE:BOSSn) which was up 7.22% to settle at 36.230 and Zalando SE (DE:ZALG) which gained 5.03% to close at 90.68.

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 10.09% to 75.210 in late trade, Wacker Chemie O.N. (DE:WCHG) which lost 5.91% to settle at 109.62 and Thyssenkrupp AG O.N. (DE:TKAG) which was down 3.66% to 11.200 at the close.

The top performers on the TecDAX were Varta AG (DE:VAR1) which rose 14.39% to 128.000, Jenoptik AG (DE:JENGn) which was up 4.51% to settle at 28.260 and Nordex SE O.N. (DE:NDXG) which gained 3.85% to close at 22.680.

The worst performers were Morphosys AG O.N. (DE:MORG) which was down 10.09% to 75.210 in late trade, Deutsche Telekom AG Na (DE:DTEGn) which lost 0.82% to settle at 16.492 and Software AG (DE:SOWGn) which was down 0.63% to 33.370 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 433 to 254 and 67 ended unchanged.

Shares in Volkswagen AG VZO O.N. (DE:VOWG_p) rose to 5-year highs; up 6.29% or 12.27 to 207.45. Shares in Hugo Boss AG NA O.N. (DE:BOSSn) rose to 52-week highs; rising 7.22% or 2.440 to 36.230.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.19% to 18.98 a new 52-week low.

Gold Futures for April delivery was up 0.08% or 1.30 to $1730.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 1.12% or 0.73 to hit $64.66 a barrel, while the May Brent oil contract fell 0.89% or 0.61 to trade at $68.27 a barrel.

EUR/USD was down 0.20% to 1.1905, while EUR/GBP fell 0.20% to 0.8566.

The US Dollar Index Futures was up 0.03% at 91.862.

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