Investing.com – Germany stocks were higher after the close on Tuesday, as gains in the Telecoms, Financial Services and Consumer & Cyclical sectors led shares higher.
At the close in Frankfurt, the DAX rose 2.23%, while the MDAX index gained 1.84%, and the TecDAX index climbed 2.66%.
The best performers of the session on the DAX were Volkswagen AG VZO O.N. (XETRA:VOWG_p), which rose 4.88% or 10.850 points to trade at 233.200 at the close. Meanwhile, K & S AG NA O.N. (XETRA:SDFGN) added 3.91% or 1.150 points to end at 30.590 and Continental AG O.N. (XETRA:CONG) was up 3.78% or 8.050 points to 220.900 in late trade.
The worst performers of the session were Merck KGAA O.N. (XETRA:MRCG), which fell 1.66% or 1.700 points to trade at 100.550 at the close. Thyssenkrupp AG O.N. (XETRA:TKAG) declined 0.14% or 0.035 points to end at 25.610 and Lufthansa AG VNA O.N. (XETRA:LHAG) was up 0.26% or 0.035 points to 13.725.
The top performers on the MDAX were Kuka AG (XETRA:KU2G) which rose 4.72% to 69.710, Deutsche Wohnen AG Inh (XETRA:DWNG) which was up 4.45% to settle at 24.890 and Hugo Boss AG NA O.N. (XETRA:BOSSn) which gained 3.82% to close at 108.800.
The worst performers were Gagfah SA Nom. (XETRA:GFJG) which was down 2.36% to 18.600 in late trade, Brenntag AG (XETRA:BNRGn) which lost 1.22% to settle at 56.500 and Kloeckner & Co SE NA (XETRA:KCOGn) which was down 0.80% to 8.210 at the close.
The top performers on the TecDAX were United Internet AG NA (XETRA:UTDI) which rose 7.92% to 44.570, BB Biotech AG (XETRA:BIONn) which was up 5.97% to settle at 289.500 and Xing AG (XETRA:OBCGn) which gained 5.32% to close at 171.100.
The worst performers were PSI AG F.Pr.U.Sys. NA (XETRA:PSAGn) which was down 1.83% to 11.295 in late trade, QSC AG NA O.N. (XETRA:QSCG) which lost 1.80% to settle at 1.960 and CompuGroup Medical AG O.N. (XETRA:COPMa) which was down 1.04% to 27.500 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 583 to 152 and 32 ended unchanged.
Shares in United Internet AG NA (XETRA:UTDI) rose to all time highs; rising 7.92% or 3.270 to 44.570. Shares in Xing AG (XETRA:OBCGn) rose to all time highs; gaining 5.32% or 8.650 to 171.100.
The DAX volatility index, which measures the implied volatility of DAX options, was down 3.42% to 20.03 a new 1-month low.
Gold for June delivery was down 1.63% or 20.00 to $1207.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 3.02% or 1.82 to hit $58.42 a barrel, while the July Brent oil contract fell 2.81% or 1.86 to trade at $64.41 a barrel.
EUR/USD was down 1.48% to 1.1148, while EUR/GBP fell 0.59% to 0.7185.
The US Dollar Index was up 1.19% at 95.34.