FRANKFURT (dpa-AFX) - Shares in Siemens Energy extended their recovery gains on Monday following a major order. With a recent price gain of 3.6 percent, the energy technology group was one of the best performers on the DAX.

The shares thus largely made up for Friday's setback. They continue to fight for the 21-day line, which is an important indicator of the short-term trend. Since the beginning of the year, the share price has more than doubled and the stock has taken first place in the leading German index.

Saudi Arabia commissioned the Munich-based company to build power plants. In the coming years, two gas and steam turbine power plants are to be built in the desert state, as the Group announced. Together, these will supply almost four gigawatts of energy. A 25-year maintenance contract has also been concluded. According to the information provided, the orders are worth around 1.5 billion US dollars (1.4 billion euros)./gl/jha/