Germany shares higher at close of trade; DAX up 0.37%

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Germany shares higher at close of trade; DAX up 0.37%
Credit: © Reuters.

Investing.com – Germany equities were higher at the close on Thursday, as gains in the Food & Beverages , Retail and Basic Resources sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.37% to hit a new 3-month high, while the MDAX index gained 0.40%, and the TecDAX index climbed 0.80%.

The biggest gainers of the session on the DAX were Deutsche Bank AG NA O.N. (DE: DBKGn ), which rose 2.68% or 0.375 points to trade at 14.370 at the close. Linde AG O.N. (DE: LING ) added 2.37% or 4.05 points to end at 174.70 and Fresenius Medical Care KGAA ST (DE: FMEG ) was up 1.66% or 1.350 points to 82.670 in late trade.

Biggest losers included Merck KGaA (DE: MRCG ), which lost 2.74% or 2.74 points to trade at 97.31 in late trade. Volkswagen AG VZO O.N. (DE: VOWG_p ) declined 1.67% or 2.35 points to end at 138.35 and Commerzbank AG O.N. (DE: CBKG ) shed 1.00% or 0.115 points to 11.340.

The top performers on the MDAX were Krones AG O.N. (DE: KRNG ) which rose 2.34% to 120.400, Hochtief AG (DE: HOTG ) which was up 2.29% to settle at 142.90 and Wacker Chemie O.N. (DE: WCHG ) which gained 2.23% to close at 123.65.

The worst performers were Deutsche Wohnen AG (DE: DWNG ) which was down 1.13% to 35.595 in late trade, Steinhoff International Holdings NV (DE: SNHG ) which lost 0.72% to settle at 3.71 and Hugo Boss AG NA O.N. (DE: BOSSn ) which was down 0.59% to 74.060 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE: MDG1k ) which rose 3.83% to 13.275, Carl Zeiss Meditec AG (DE: AFXG ) which was up 3.62% to settle at 43.560 and Aixtron SE (DE: AIXGn ) which gained 3.10% to close at 11.300.

The worst performers were Qiagen NV (DE: QGEN ) which was down 1.31% to 26.820 in late trade, Telefonica Deutschland Holding AG (DE: O2Dn ) which lost 1.20% to settle at 4.762 and Sartorius AG VZO O.N. (DE: SATG_p ) which was down 0.50% to 81.280 at the close.

Advancing stocks outnumbered falling ones by 452 to 298 and 38 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 1.04% to 11.84.

In commodities trading, Gold Futures for December delivery was down 0.01% or 0.08 to $1287.72 a troy ounce. Meanwhile, Crude oil for delivery in November fell 1.53% or 0.80 to hit $51.34 a barrel, while the December Brent oil contract fell 1.16% or 0.67 to trade at $56.90 a barrel.

EUR/USD was up 0.26% to 1.1778, while EUR/GBP fell 0.10% to 0.8769.

The US Dollar Index Futures was down 0.20% at 93.08.

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