Germany stocks higher at close of trade; DAX up 1.80%

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At the close in Frankfurt, the DAX rose 1.80%, while the MDAX index gained 0.69%, and the TecDAX index climbed 1.00%.

The best performers of the session on the DAX were SAP SE (DE:SAPG), which rose 4.51% or 4.740 points to trade at 109.950 at the close. Meanwhile, Linde PLC (DE:LINI) added 3.59% or 7.300 points to end at 210.500 and Bayerische Motoren Werke AG (DE:BMWG) was up 3.23% or 2.265 points to 72.465 in late trade.

The worst performers of the session were Delivery Hero AG (DE:DHER), which fell 2.50% or 3.45 points to trade at 134.30 at the close. Infineon Technologies AG NA O.N. (DE:IFXGn) declined 1.37% or 0.465 points to end at 33.485 and RWE AG ST O.N. (DE:RWEG) was down 1.17% or 0.430 points to 36.275.

The top performers on the MDAX were Evotec AG O.N. (DE:EVTG) which rose 9.93% to 33.000, Hugo Boss AG NA O.N. (DE:BOSSn) which was up 6.05% to settle at 28.910 and Varta AG (DE:VAR1) which gained 5.18% to close at 152.400.

The worst performers were HelloFresh SE (DE:HFGG) which was down 2.97% to 70.35 in late trade, Qiagen NV (DE:QIA) which lost 1.47% to settle at 43.640 and Puma SE (DE:PUMG) which was down 1.18% to 82.59 at the close.

The top performers on the TecDAX were Evotec AG O.N. (DE:EVTG) which rose 9.93% to 33.000, Varta AG (DE:VAR1) which was up 5.18% to settle at 152.400 and SAP SE (DE:SAPG) which gained 4.51% to close at 109.950.

The worst performers were New Work SE (DE:NWOn) which was down 3.09% to 235.00 in late trade, Nordex SE O.N. (DE:NDXG) which lost 1.39% to settle at 25.540 and Infineon Technologies AG NA O.N. (DE:IFXGn) which was down 1.37% to 33.485 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 462 to 209 and 25 ended unchanged.

Shares in Evotec AG O.N. (DE:EVTG) rose to all time highs; gaining 9.93% or 2.980 to 33.000. Shares in Varta AG (DE:VAR1) rose to all time highs; gaining 5.18% or 7.500 to 152.400. Shares in Evotec AG O.N. (DE:EVTG) rose to all time highs; gaining 9.93% or 2.980 to 33.000. Shares in Varta AG (DE:VAR1) rose to all time highs; up 5.18% or 7.500 to 152.400.

The DAX volatility index, which measures the implied volatility of DAX options, was down 9.10% to 24.58.

Gold Futures for February delivery was down 0.16% or 2.95 to $1852.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.40% or 0.21 to hit $52.56 a barrel, while the April Brent oil contract fell 0.11% or 0.06 to trade at $55.62 a barrel.

EUR/USD was up 0.21% to 1.2163, while EUR/GBP fell 0.24% to 0.8853.

The US Dollar Index Futures was down 0.23% at 90.162.