Germany shares higher at close of trade; DAX up 0.01%

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Germany shares higher at close of trade; DAX up 0.01%
Credit: © Reuters. – Germany equities were higher at the close on Thursday, as gains in the Food & Beverages , Transportation & Logistics and Retail sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.01%, while the MDAX index added 0.11%, and the TecDAX index added 0.16%.

The biggest gainers of the session on the DAX were Vonovia SE (DE: VNAn ), which rose 1.96% or 0.60 points to trade at 31.41 at the close. Deutsche Post AG NA O.N. (DE: DPWGn ) added 1.69% or 0.530 points to end at 31.855 and Merck KGaA (DE: MRCG ) was up 1.53% or 1.550 points to 103.000 in late trade.

Biggest losers included Adidas AG (DE: ADSGN ), which lost 1.43% or 2.100 points to trade at 144.300 in late trade. Muench. Rueckvers. VNA O.N. (DE: MUVGn ) declined 1.30% or 2.350 points to end at 178.400 and Deutsche Bank AG NA O.N. (DE: DBKGn ) shed 0.79% or 0.145 points to 18.115.

The top performers on the MDAX were Krones AG O.N. (DE: KRNG ) which rose 2.70% to 90.000, Deutsche Wohnen AG Inh (DE: DWNG ) which was up 2.60% to settle at 30.725 and LEG Immobilien AG (DE: LEGn ) which gained 2.44% to close at 75.270.

The worst performers were Duerr AG (DE: DUEG ) which was down 4.47% to 74.620 in late trade, Talanx AG NA O.N. (DE: TLXGn ) which lost 3.65% to settle at 31.155 and Steinhoff International Holdings NV (DE: SNHG ) which was down 3.44% to 4.74 at the close.

The top performers on the TecDAX were GFT Technologies AG (DE: GFTG ) which rose 4.53% to 21.585, SMA Solar Technology AG (DE: S92G ) which was up 1.76% to settle at 26.085 and Telefonica Deutschland Holding AG (DE: O2Dn ) which gained 1.61% to close at 4.241.

The worst performers were Slm Solution G (DE: AM3D ) which was down 4.00% to 33.50 in late trade, Dialog Semiconductor (DE: DLGS ) which lost 2.26% to settle at 39.640 and Siltronic AG (DE: WAFGn ) which was down 2.12% to 43.840 at the close.

Advancing stocks outnumbered falling ones by 397 to 344 and 32 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 3.62% to 15.79.

In commodities trading, Gold for February delivery was up 1.59% or 18.55 to $1183.85 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.34% or 0.18 to hit $53.08 a barrel, while the March Brent oil contract fell 0.28% or 0.16 to trade at $56.30 a barrel.

EUR/USD was up 1.06% to 1.0599, while EUR/GBP rose 0.28% to 0.8535.

The US Dollar Index was down 1.04% at 101.42.

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