Germany shares higher at close of trade; DAX up 0.72%

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Germany shares higher at close of trade; DAX up 0.72%
Credit: © Reuters. – Germany equities were higher at the close on Friday, as gains in the Technology , Food & Beverages and Basic Resources sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.72%, while the MDAX index added 0.62%, and the TecDAX index gained 0.80%.

The biggest gainers of the session on the DAX were Lufthansa AG VNA O.N. (DE: LHAG ), which rose 3.27% or 0.690 points to trade at 21.760 at the close. Infineon Technologies AG NA O.N. (DE: IFXGn ) added 2.35% or 0.455 points to end at 19.825 and Deutsche Boerse AG (DE: DB1Gn ) was up 1.68% or 1.510 points to 91.300 in late trade.

Biggest losers included Prosiebensat 1 Media AG (DE: PSMGn ), which lost 1.35% or 0.380 points to trade at 27.800 in late trade. Linde AG O.N. (DE: LING ) declined 0.43% or 0.70 points to end at 160.35 and Deutsche Telekom AG Na (DE: DTEGn ) shed 0.30% or 0.045 points to 15.115.

The top performers on the MDAX were Jungheinrich AG O.N.VZO (DE: JUNG_p ) which rose 3.03% to 36.705, Leoni AG (DE: LEOGn ) which was up 2.66% to settle at 51.730 and Evonik Industries AG (DE: EVKn ) which gained 2.63% to close at 27.945.

The worst performers were Gerresheimer AG (BS: GXId ) which was down 1.36% to 65.090 in late trade, Stroeer SE (DE: SAXG ) which lost 1.14% to settle at 52.910 and LEG Immobilien AG (DE: LEGn ) which was down 0.69% to 84.310 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE: MDG1k ) which rose 12.09% to 12.845, SMA Solar Technology AG (DE: S92G ) which was up 5.46% to settle at 39.220 and Dialog Semiconductor (DE: DLGS ) which gained 3.98% to close at 39.705.

The worst performers were Telefonica Deutschland Holding AG (DE: O2Dn ) which was down 2.27% to 4.443 in late trade, RIB Software AG Na (DE: RIB ) which lost 1.11% to settle at 15.980 and Freenet AG NA (DE: FNTGn ) which was down 1.10% to 27.750 at the close.

Advancing stocks outnumbered falling ones by 525 to 234 and 28 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 5.40% to 14.86.

In commodities trading, Gold Futures for December delivery was up 0.53% or 7.04 to $1329.24 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.44% or 0.21 to hit $47.02 a barrel, while the November Brent oil contract fell 0.49% or 0.26 to trade at $52.60 a barrel.

EUR/USD was down 0.25% to 1.1879, while EUR/GBP fell 0.59% to 0.9156.

The US Dollar Index Futures was up 0.10% at 92.68.

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