Germany stocks higher at close of trade; DAX up 0.86%

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At the close in Frankfurt, the DAX added 0.86%, while the MDAX index gained 0.62%, and the TecDAX index climbed 0.75%.

The best performers of the session on the DAX were Deutsche Boerse AG (DE:DB1Gn), which rose 2.55% or 3.900 points to trade at 157.030 at the close. Meanwhile, Vonovia SE (DE:VNAn) added 1.93% or 1.12 points to end at 59.10 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was up 1.83% or 4.30 points to 239.55 in late trade.

The worst performers of the session were MTU Aero Engines NA O.N. (DE:MTXGn), which fell 3.02% or 4.85 points to trade at 155.70 at the close. Wirecard AG (DE:WDIG) declined 1.44% or 0.024 points to end at 1.610 and Fresenius SE & Co KGAA O.N. (DE:FREG) was down 0.73% or 0.290 points to 39.545.

The top performers on the MDAX were Freenet AG NA (DE:FNTGn) which rose 16.06% to 18.320, Aurubis AG (DE:NAFG) which was up 3.84% to settle at 62.220 and Delivery Hero AG (DE:DHER) which gained 3.44% to close at 98.72.

The worst performers were Evotec AG O.N. (DE:EVTG) which was down 6.89% to 22.980 in late trade, HelloFresh SE (DE:HFGG) which lost 5.50% to settle at 43.60 and GEA Group AG (DE:G1AG) which was down 2.78% to 30.375 at the close.

The top performers on the TecDAX were Freenet AG NA (DE:FNTGn) which rose 16.06% to 18.320, Sartorius AG VZO O.N. (DE:SATG_p) which was up 2.89% to settle at 341.600 and Telefonica Deutschland Holding AG (DE:O2Dn) which gained 2.68% to close at 2.375.

The worst performers were Evotec AG O.N. (DE:EVTG) which was down 6.89% to 22.980 in late trade, Bechtle AG (DE:BC8G) which lost 2.62% to settle at 163.700 and S&T AG (DE:SANT1) which was down 1.91% to 24.70 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 396 to 265 and 88 ended unchanged.

Shares in Vonovia SE (DE:VNAn) rose to all time highs; rising 1.93% or 1.12 to 59.10. Shares in Aurubis AG (DE:NAFG) rose to 52-week highs; rising 3.84% or 2.300 to 62.220.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.58% to 24.15 a new 3-months low.

Gold Futures for December delivery was up 0.47% or 9.10 to $1955.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.87% or 0.78 to hit $42.39 a barrel, while the October Brent oil contract rose 1.60% or 0.71 to trade at $45.21 a barrel.

EUR/USD was up 0.44% to 1.1791, while EUR/GBP rose 0.52% to 0.9042.

The US Dollar Index Futures was down 0.25% at 93.368.