Germany shares higher at close of trade; DAX up 0.75%

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Germany shares higher at close of trade; DAX up 0.75%
Credit: © Reuters.

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

At the close in Frankfurt, the DAX rose 0.75% to hit a new 3-month high, while the MDAX index added 1.12%, and the TecDAX index added 1.37%.

The biggest gainers of the session on the DAX were Deutsche Lufthansa AG (DE: LHAG ), which rose 2.32% or 0.520 points to trade at 22.970 at the close. Beiersdorf AG O.N. (DE: BEIG ) added 2.21% or 1.800 points to end at 83.360 and Volkswagen AG VZO O.N. (DE: VOWG_p ) was up 2.17% or 3.28 points to 154.18 in late trade.

Biggest losers included Linde PLC (DE: LINI ), which lost 1.34% or 2.050 points to trade at 150.750 in late trade. Fresenius SE & Co KGAA O.N. (DE: FREG ) declined 1.21% or 0.600 points to end at 48.830 and Vonovia SE (DE: VNAn ) shed 0.09% or 0.04 points to 42.60.

The top performers on the MDAX were Rheinmetall AG (DE: RHMG ) which rose 9.90% to 103.350, Evotec AG O.N. (DE: EVTG ) which was up 4.74% to settle at 21.640 and Freenet AG NA (DE: FNTGn ) which gained 4.59% to close at 19.3650.

The worst performers were Aroundtown Property Holdings PLC (DE: AT1 ) which was down 1.15% to 7.315 in late trade, Aurubis AG (DE: NAFG ) which lost 0.83% to settle at 47.970 and Innogy SE (DE: IGY ) which was down 0.81% to 40.310 at the close.

The top performers on the TecDAX were Evotec AG O.N. (DE: EVTG ) which rose 4.74% to 21.640, Freenet AG NA (DE: FNTGn ) which was up 4.59% to settle at 19.365 and Bechtle AG (DE: BC8G ) which gained 3.91% to close at 78.350.

The worst performers were Isra Vision O.N. (DE: ISRG ) which was down 2.16% to 36.25 in late trade, Aixtron SE NA O.N. (DE: AIXGn ) which lost 1.40% to settle at 7.7480 and SMA Solar Technology AG (DE: S92G ) which was down 1.38% to 22.800 at the close.

Advancing stocks outnumbered falling ones by 477 to 231 and 68 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 2.56% to 15.22 a new 3-month low.

In commodities trading, Gold Futures for April delivery was down 1.20% or 15.85 to $1300.25 a troy ounce. Meanwhile, Crude oil for delivery in April fell 2.29% or 1.31 to hit $55.91 a barrel, while the May Brent oil contract fell 2.10% or 1.39 to trade at $64.92 a barrel.

EUR/USD was down 0.04% to 1.1366, while EUR/GBP rose 0.39% to 0.8605.

The US Dollar Index Futures was up 0.33% at 96.363.

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