Germany shares higher at close of trade; DAX up 1.19%

Investing.com – Germany equities were higher at the close on Thursday, as gains in the Basic Resources , Technology and Chemicals sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 1.19%, while the MDAX index added 0.58%, and the TecDAX index added 1.66%.

The biggest gainers of the session on the DAX were Linde AG 1 (DE: LIN1 ), which rose 4.49% or 9.0000 points to trade at 209.6000 at the close. Volkswagen AG VZO O.N. (DE: VOWG_p ) added 4.05% or 5.78 points to end at 148.48 and Daimler AG NA O.N. (DE: DAIGn ) was up 3.76% or 2.120 points to 58.500 in late trade.

Biggest losers included Vonovia SE (DE: VNAn ), which lost 1.74% or 0.72 points to trade at 40.56 in late trade. Henkel & Co KGaA AG Pref (DE: HNKG_p ) declined 0.92% or 1.00 points to end at 107.85 and Beiersdorf AG O.N. (DE: BEIG ) shed 0.29% or 0.280 points to 97.020.

The top performers on the MDAX were Osram Licht AG (DE: OSRn ) which rose 7.88% to 34.65, Deutsche Pfandbriefbank AG (DE: PBBG ) which was up 5.70% to settle at 12.80 and Salzgitter AG (DE: SZGG ) which gained 4.58% to close at 38.820.

The worst performers were Grand City Properties SA (DE: GYC ) which was down 3.46% to 21.76 in late trade, Aroundtown Property Holdings PLC (DE: AT1 ) which lost 1.83% to settle at 6.980 and Deutsche Wohnen AG (DE: DWNG ) which was down 1.33% to 40.930 at the close.

The top performers on the TecDAX were Dialog Semiconductor (DE: DLGS ) which rose 6.13% to 13.850, Isra Vision O.N. (DE: ISRG ) which was up 5.31% to settle at 57.50 and Siltronic AG (DE: WAFGn ) which gained 4.90% to close at 120.850.

The worst performers were Morphosys AG O.N. (DE: MORG ) which was down 1.31% to 105.300 in late trade, Jenoptik AG (DE: JENG ) which lost 0.45% to settle at 31.160 and Qiagen NV (DE: QIA ) which was down 0.45% to 31.060 at the close.

Advancing stocks outnumbered falling ones by 455 to 261 and 60 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 3.77% to 16.84.

In commodities trading, Gold Futures for August delivery was up 0.38% or 4.80 to $1258.30 a troy ounce. Meanwhile, Crude oil for delivery in August fell 1.39% or 1.03 to hit $73.11 a barrel, while the September Brent oil contract fell 0.17% or 0.13 to trade at $78.11 a barrel.

EUR/USD was up 0.33% to 1.1694, while EUR/GBP rose 0.36% to 0.8842.

The US Dollar Index Futures was down 0.08% at 94.11.