Germany shares higher at close of trade; DAX up 0.32%

Investing.com – Germany equities were higher at the close on Friday, as gains in the Media , Technology and Insurance sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 0.32%, while the MDAX index climbed 0.28%, and the TecDAX index gained 0.52%.

The biggest gainers of the session on the DAX were Prosiebensat 1 Media AG (DE: PSMGn ), which rose 3.11% or 0.890 points to trade at 29.480 at the close. RWE AG ST O.N. (DE: RWEG ) added 1.58% or 0.275 points to end at 17.725 and Muench. Rueckvers. VNA O.N. (DE: MUVGn ) was up 1.58% or 2.95 points to 190.00 in late trade.

Biggest losers included Commerzbank AG O.N. (DE: CBKG ), which lost 1.54% or 0.208 points to trade at 13.270 in late trade. Deutsche Boerse AG (DE: DB1Gn ) declined 1.52% or 1.520 points to end at 98.480 and Beiersdorf AG O.N. (DE: BEIG ) shed 1.21% or 1.180 points to 96.500.

The top performers on the MDAX were Wacker Chemie O.N. (DE: WCHG ) which rose 2.78% to 172.10, Covestro AG (DE: 1COV ) which was up 2.53% to settle at 90.760 and Jungheinrich AG O.N.VZO (DE: JUNG_p ) which gained 2.36% to close at 41.600.

The worst performers were Steinhoff International Holdings NV (DE: SNHG ) which was down 5.73% to 0.41 in late trade, Suedzucker AG (DE: SZUG ) which lost 1.76% to settle at 16.465 and Rheinmetall AG (DE: RHMG ) which was down 1.72% to 111.500 at the close.

The top performers on the TecDAX were Siltronic AG (DE: WAFGn ) which rose 6.51% to 138.200, Draegerwerk VZO O.N. (DE: DRWG_p ) which was up 5.77% to settle at 80.700 and Aixtron SE (DE: AIXGn ) which gained 3.76% to close at 12.280.

The worst performers were Nordex SE O.N. (DE: NDXG ) which was down 6.08% to 10.510 in late trade, Carl Zeiss Meditec AG (DE: AFXG ) which lost 3.86% to settle at 52.300 and GFT Technologies AG (DE: GFTG ) which was down 3.58% to 13.200 at the close.

Advancing stocks outnumbered falling ones by 397 to 318 and 98 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 3.03% to 12.00.

In commodities trading, Gold Futures for February delivery was up 0.69% or 9.10 to $1331.60 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.28% or 0.18 to hit $63.98 a barrel, while the March Brent oil contract rose 0.20% or 0.14 to trade at $69.40 a barrel.

EUR/USD was up 0.84% to 1.2133, while EUR/GBP fell 0.27% to 0.8864.

The US Dollar Index Futures was down 0.65% at 91.06.