Germany shares higher at close of trade; DAX up 0.57%

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Germany shares higher at close of trade; DAX up 0.57%
Credit: © Reuters. – Germany equities were higher at the close on Thursday, as gains in the Technology , Industrials and Basic Resources sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.57%, while the MDAX index climbed 0.65%, and the TecDAX index added 0.85%.

The biggest gainers of the session on the DAX were Siemens AG NA (DE: SIEGn ), which rose 4.49% or 4.350 points to trade at 101.150 at the close. Infineon Technologies AG NA O.N. (DE: IFXGn ) added 2.88% or 0.400 points to end at 14.305 and Thyssenkrupp AG O.N. (DE: TKAG ) was up 2.06% or 0.405 points to 20.075 in late trade.

Biggest losers included Beiersdorf AG O.N. (DE: BEIG ), which lost 4.19% or 3.560 points to trade at 81.440 in late trade. Adidas AG NA O.N. (DE: ADSGN ) declined 1.96% or 2.900 points to end at 145.000 and Deutsche Boerse AG (DE: DB1Gn ) shed 0.46% or 0.340 points to 73.670.

The top performers on the MDAX were Bilfinger SE O.N. (DE: GBFG ) which rose 6.66% to 27.630, Rheinmetall AG (DE: RHMG ) which was up 3.31% to settle at 64.000 and Steinhoff International Holdings NV (DE: SNHG ) which gained 3.29% to close at 5.81.

The worst performers were Hannover Rueck SE (DE: HNRGn ) which was down 4.76% to 86.800 in late trade, Talanx AG NA O.N. (DE: TLXGn ) which lost 2.22% to settle at 26.190 and Axel Springer SE (DE: SPRGn ) which was down 2.03% to 46.205 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE: NDXG ) which rose 5.41% to 24.365, Nemetschek AG O.N. (DE: NEKG ) which was up 4.28% to settle at 55.830 and Slm Solution G (DE: AM3D ) which gained 3.09% to close at 23.67.

The worst performers were CompuGroup Medical AG O.N. (DE: COPMa ) which was down 2.34% to 37.500 in late trade, SMA Solar Technology AG (DE: S92G ) which lost 1.19% to settle at 43.495 and Cancom SE O.N. (DE: COKG ) which was down 1.15% to 45.545 at the close.

Advancing stocks outnumbered falling ones by 600 to 274 and 21 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was unchanged 0.00% to 17.92.

In commodities trading, Gold for December delivery was up 0.28% or 3.85 to $1368.55 a troy ounce. Meanwhile, Crude oil for delivery in September rose 2.33% or 0.95 to hit $41.78 a barrel, while the October Brent oil contract rose 2.02% or 0.87 to trade at $43.97 a barrel.

EUR/USD was down 0.13% to 1.1135, while EUR/GBP rose 1.36% to 0.8482.

The US Dollar Index was up 0.18% at 95.66.

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