Germany stocks higher at close of trade; DAX up 1.43%

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At the close in Frankfurt, the DAX added 1.43%, while the MDAX index climbed 1.41%, and the TecDAX index added 1.32%.

The best performers of the session on the DAX were MTU Aero Engines NA O.N. (DE:MTXGn), which rose 3.96% or 8.20 points to trade at 215.20 at the close. Meanwhile, Siemens Energy AG (DE:ENR1n) added 3.87% or 0.94 points to end at 25.20 and Infineon Technologies AG NA O.N. (DE:IFXGn) was up 3.39% or 1.035 points to 31.608 in late trade.

The worst performers of the session were Covestro AG (DE:1COV), which fell 1.88% or 1.080 points to trade at 56.360 at the close. Delivery Hero AG (DE:DHER) declined 1.83% or 1.95 points to end at 104.75 and E.ON SE (DE:EONGn) was up 0.22% or 0.023 points to 10.618.

The top performers on the MDAX were Varta AG (DE:VAR1) which rose 4.45% to 117.400, Encavis AG (DE:ECVG) which was up 4.28% to settle at 15.360 and Nordex SE O.N. (DE:NDXG) which gained 4.16% to close at 19.020.

The worst performers were K&S AG (DE:SDFGn) which was down 1.81% to 9.912 in late trade, Cancom SE O.N. (DE:COKG) which lost 1.50% to settle at 46.500 and Symrise AG Inh. O.N. (DE:SY1G) which was down 0.74% to 103.950 at the close.

The top performers on the TecDAX were Varta AG (DE:VAR1) which rose 4.45% to 117.400, LPKF Laser & Electronics (DE:LPKG) which was up 4.40% to settle at 21.360 and Nordex SE O.N. (DE:NDXG) which gained 4.16% to close at 19.020.

The worst performers were Cancom SE O.N. (DE:COKG) which was down 1.50% to 46.500 in late trade, Pfeiffer Vacuum Technology O.N. (DE:PV) which lost 0.50% to settle at 158.60 and Siemens Healthineers AG (DE:SHLG) which was down 0.15% to 46.55 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 530 to 152 and 69 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 24.39 a new 1-month high.

Gold Futures for June delivery was up 0.79% or 14.45 to $1838.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.08% or 1.33 to hit $65.15 a barrel, while the July Brent oil contract rose 2.12% or 1.42 to trade at $68.47 a barrel.

EUR/USD was up 0.51% to 1.2139, while EUR/GBP rose 0.22% to 0.8612.

The US Dollar Index Futures was down 0.44% at 90.340.