Germany stocks higher at close of trade; DAX up 0.07%

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At the close in Frankfurt, the DAX rose 0.07%, while the MDAX index gained 0.75%, and the TecDAX index added 0.63%.

The best performers of the session on the DAX were Muench. Rueckvers. VNA O.N. (DE:MUVGn), which rose 1.73% or 3.27 points to trade at 192.32 at the close. Meanwhile, Continental AG O.N. (DE:CONG) added 1.63% or 1.31 points to end at 81.51 and Vonovia SE (DE:VNAn) was up 1.41% or 0.69 points to 49.56 in late trade.

The worst performers of the session were Merck KGaA (DE:MRCG), which fell 1.21% or 1.27 points to trade at 103.70 at the close. Deutsche Lufthansa AG (DE:LHAG) declined 1.16% or 0.094 points to end at 8.038 and Bayer AG NA (DE:BAYGN) was down 0.95% or 0.55 points to 57.45.

The top performers on the MDAX were Tag Immobilien AG (DE:TEGG) which rose 6.57% to 22.060, Zalando SE (DE:ZALG) which was up 3.68% to settle at 56.94 and Dialog Semiconductor (DE:DLGS) which gained 2.64% to close at 35.170.

The worst performers were Qiagen NV (DE:QIA) which was down 8.56% to 39.310 in late trade, Duerr AG (DE:DUEG) which lost 3.94% to settle at 19.980 and Grenke N AG (DE:GLJn) which was down 1.67% to 64.95 at the close.

The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 2.64% to 35.170, Siltronic AG (DE:WAFGn) which was up 2.46% to settle at 84.080 and New Work SE (DE:NWOn) which gained 2.28% to close at 269.50.

The worst performers were Qiagen NV (DE:QIA) which was down 8.56% to 39.310 in late trade, RIB Software AG Na (DE:RIB) which lost 1.18% to settle at 26.840 and Freenet AG NA (DE:FNTGn) which was down 0.81% to 15.900 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 362 to 311 and 64 ended unchanged.

Shares in Zalando SE (DE:ZALG) rose to all time highs; rising 3.68% or 2.02 to 56.94.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.53% to 34.26.

Gold Futures for June delivery was up 0.71% or 12.30 to $1734.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 2.39% or 0.81 to hit $33.11 a barrel, while the July Brent oil contract fell 2.80% or 1.01 to trade at $35.05 a barrel.

EUR/USD was down 0.53% to 1.0891, while EUR/GBP fell 0.07% to 0.8950.

The US Dollar Index Futures was up 0.48% at 99.877.