At the close in Frankfurt, the DAX gained 2.86% to hit a new 1-month high, while the MDAX index gained 1.22%, and the TecDAX index gained 2.83%.
The best performers of the session on the DAX were SAP SE (DE:SAPG), which rose 9.62% or 10.100 points to trade at 115.040 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:VOWG_p) added 4.91% or 7.56 points to end at 161.50 and Covestro AG (DE:1COV) was up 4.80% or 2.080 points to 45.450 in late trade.
The worst performers of the session were Beiersdorf AG O.N. (DE:BEIG), which fell 1.29% or 1.350 points to trade at 103.350 at the close. Vonovia SE (DE:VNAn) declined 0.64% or 0.30 points to end at 46.51 and RWE AG ST O.N. (DE:RWEG) was down 0.52% or 0.140 points to 26.990.
The top performers on the MDAX were Kion Group AG (DE:KGX) which rose 6.98% to 49.95, Duerr AG (DE:DUEG) which was up 6.90% to settle at 24.310 and Siltronic AG (DE:WAFGn) which gained 6.80% to close at 73.480.
The worst performers were Hugo Boss AG NA O.N. (DE:BOSSn) which was down 13.45% to 38.750 in late trade, Rheinmetall AG (DE:RHMG) which lost 2.50% to settle at 110.950 and Gerresheimer AG (DE:GXIG) which was down 1.91% to 64.350 at the close.
The top performers on the TecDAX were SAP SE (DE:SAPG) which rose 9.62% to 115.040, Siltronic AG (DE:WAFGn) which was up 6.80% to settle at 73.480 and SMA Solar Technology AG (DE:S92G) which gained 5.21% to close at 24.620.
The worst performers were Carl Zeiss Meditec AG (DE:AFXG) which was down 0.10% to 102.400 in late trade, Nordex SE O.N. (DE:NDXG) which unchanged 0.00% to settle at 11.190 and Qiagen NV (DE:QIA) which was unchanged 0.00% to 29.440 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 509 to 157 and 85 ended unchanged.
Shares in Hugo Boss AG NA O.N. (DE:BOSSn) fell to 5-year lows; down 13.45% or 6.020 to 38.750.
The DAX volatility index, which measures the implied volatility of DAX options, was down 9.14% to 15.91.
Gold Futures for December delivery was down 0.76% or 11.45 to $1489.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.62% or 0.87 to hit $54.42 a barrel, while the December Brent oil contract rose 1.93% or 1.14 to trade at $60.24 a barrel.
EUR/USD was up 0.42% to 1.1050, while EUR/GBP fell 1.28% to 0.8729.
The US Dollar Index Futures was down 0.44% at 97.972.