Germany shares higher at close of trade; DAX up 0.95%

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

At the close in Frankfurt, the DAX rose 0.95%, while the MDAX index gained 0.76%, and the TecDAX index added 0.31%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (DE: CBKG ), which rose 4.83% or 0.422 points to trade at 9.165 at the close. Deutsche Bank AG NA O.N. (DE: DBKGn ) added 2.76% or 0.253 points to end at 9.410 and Muench. Rueckvers. VNA O.N. (DE: MUVGn ) was up 2.58% or 4.55 points to 180.85 in late trade.

Biggest losers included Vonovia SE (DE: VNAn ), which lost 1.14% or 0.46 points to trade at 39.90 in late trade. RWE AG ST O.N. (DE: RWEG ) declined 0.88% or 0.170 points to end at 19.225 and E.ON SE NA (DE: EONGn ) shed 0.68% or 0.062 points to 9.010.

The top performers on the MDAX were Wacker Chemie O.N. (DE: WCHG ) which rose 2.77% to 142.85, Leoni AG (DE: LEOGn ) which was up 2.60% to settle at 52.800 and Deutsche Pfandbriefbank AG (DE: PBBG ) which gained 2.38% to close at 13.36.

The worst performers were Uniper SE (DE: UN01 ) which was down 1.29% to 26.780 in late trade, Hochtief AG (DE: HOTG ) which lost 0.95% to settle at 155.70 and Metro Wholesale & Food Specialist AG (DE: B4B ) which was down 0.61% to 11.4500 at the close.

The top performers on the TecDAX were CompuGroup Medical AG O.N. (DE: COPMa ) which rose 7.00% to 40.380, Jenoptik AG (DE: JENG ) which was up 5.49% to settle at 37.300 and Draegerwerk VZO O.N. (DE: DRWG_p ) which gained 3.68% to close at 62.000.

The worst performers were Dialog Semiconductor (DE: DLGS ) which was down 15.18% to 15.887 in late trade, RIB Software AG Na (DE: RIB ) which lost 4.77% to settle at 20.760 and Sartorius AG VZO O.N. (DE: SATG_p ) which was down 2.63% to 122.000 at the close.

Advancing stocks outnumbered falling ones by 461 to 253 and 76 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 6.61% to 16.53.

In commodities trading, Gold Futures for June delivery was down 0.24% or 3.10 to $1297.00 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.34% or 0.23 to hit $66.81 a barrel, while the August Brent oil contract fell 0.97% or 0.75 to trade at $76.81 a barrel.

EUR/USD was down 0.17% to 1.1672, while EUR/GBP fell 0.64% to 0.8738.

The US Dollar Index Futures was up 0.15% at 94.09.