Germany shares higher at close of trade; DAX up 0.48%

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Germany shares higher at close of trade; DAX up 0.48%
Credit: © Reuters. – Germany equities were higher at the close on Friday, as gains in the Technology , Food & Beverages and Telecoms sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 0.48%, while the MDAX index added 0.85%, and the TecDAX index added 1.17%.

The biggest gainers of the session on the DAX were Infineon Technologies AG NA O.N. (DE: IFXGn ), which rose 2.44% or 0.470 points to trade at 19.770 at the close. RWE AG ST O.N. (DE: RWEG ) added 1.95% or 0.385 points to end at 20.160 and Deutsche Telekom AG Na (DE: DTEGn ) was up 1.80% or 0.295 points to 16.690 in late trade.

Biggest losers included Siemens AG (DE: SIEGn ), which lost 0.91% or 1.15 points to trade at 124.55 in late trade. Linde AG O.N. (DE: LING ) declined 0.90% or 1.60 points to end at 175.25 and Deutsche Bank AG NA O.N. (DE: DBKGn ) shed 0.79% or 0.120 points to 15.000.

The top performers on the MDAX were MTU Aero Engines NA O.N. (DE: MTXGn ) which rose 3.00% to 127.05, Hochtief AG (DE: HOTG ) which was up 2.91% to settle at 171.25 and Brenntag AG (DE: BNRGn ) which gained 2.20% to close at 51.960.

The worst performers were Aurubis AG (DE: NAFG ) which was down 2.06% to 67.370 in late trade, RTL Group SA (DE: RRTL ) which lost 1.48% to settle at 67.400 and Salzgitter AG (DE: SZGG ) which was down 1.32% to 32.960 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE: MDG1k ) which rose 4.77% to 11.420, Evotec AG O.N. (DE: EVTG ) which was up 4.42% to settle at 13.705 and Siltronic AG (DE: WAFGn ) which gained 3.90% to close at 80.690.

The worst performers were CompuGroup Medical AG O.N. (DE: COPMa ) which was down 2.75% to 50.500 in late trade, Dialog Semiconductor (DE: DLGS ) which lost 0.64% to settle at 39.725 and Freenet AG NA (DE: FNTGn ) which was down 0.48% to 28.875 at the close.

Advancing stocks outnumbered falling ones by 431 to 303 and 28 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 8.63% to 13.17.

In commodities trading, Gold Futures for August delivery was up 0.17% or 2.13 to $1256.73 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.58% or 0.26 to hit $44.72 a barrel, while the August Brent oil contract rose 0.75% or 0.35 to trade at $47.27 a barrel.

EUR/USD was up 0.40% to 1.1191, while EUR/GBP rose 0.19% to 0.8753.

The US Dollar Index Futures was down 0.34% at 97.17.

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