Germany shares higher at close of trade; DAX up 0.38%

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Germany shares higher at close of trade; DAX up 0.38%
Credit: © Reuters. – Germany equities were higher at the close on Thursday, as gains in the Food & Beverages , Technology and Retail sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.38% to hit a new 1-month high, while the MDAX index added 0.42%, and the TecDAX index climbed 0.74%.

The biggest gainers of the session on the DAX were Infineon Technologies AG NA O.N. (DE: IFXGn ), which rose 3.64% or 0.524 points to trade at 14.914 at the close. SAP SE (DE: SAPG ) added 1.49% or 1.740 points to end at 118.720 and Deutsche Post AG NA O.N. (DE: DPWGn ) was up 1.45% or 0.405 points to 28.335 in late trade.

Biggest losers included Deutsche Bank AG NA O.N. (DE: DBKGn ), which lost 2.59% or 0.168 points to trade at 6.317 in late trade. Vonovia SE (DE: VNAn ) declined 2.20% or 0.98 points to end at 43.56 and Henkel & Co KGaA AG Pref (DE: HNKG_p ) shed 1.81% or 1.58 points to 85.64.

The top performers on the MDAX were Delivery Hero AG (DE: DHER ) which rose 9.71% to 41.00, Rocket Internet (DE: RKET ) which was up 7.62% to settle at 25.98 and Dialog Semiconductor (DE: DLGS ) which gained 5.35% to close at 34.280.

The worst performers were Commerzbank AG O.N. (DE: CBKG ) which was down 3.37% to 6.167 in late trade, United Internet AG NA (DE: UTDI ) which lost 2.82% to settle at 29.300 and Deutsche Wohnen AG (DE: DWNG ) which was down 2.27% to 33.960 at the close.

The top performers on the TecDAX were Dialog Semiconductor (DE: DLGS ) which rose 5.16% to 34.2200, Siltronic AG (DE: WAFGn ) which was up 4.12% to settle at 58.100 and Isra Vision O.N. (DE: ISRG ) which gained 3.78% to close at 37.34.

The worst performers were United Internet AG NA (DE: UTDI ) which was down 2.82% to 29.300 in late trade, Telefonica Deutschland Holding AG (DE: O2Dn ) which lost 1.25% to settle at 2.449 and Medigene NA O.N. (DE: MDG1k ) which was down 0.91% to 7.655 at the close.

Advancing stocks outnumbered falling ones by 411 to 276 and 92 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 2.16% to 14.02 a new 1-month low.

In commodities trading, Gold Futures for August delivery was up 3.20% or 43.20 to $1392.00 a troy ounce. Meanwhile, Crude oil for delivery in August rose 5.45% or 2.94 to hit $56.91 a barrel, while the August Brent oil contract rose 3.93% or 2.43 to trade at $64.25 a barrel.

EUR/USD was up 0.61% to 1.1293, while EUR/GBP rose 0.15% to 0.8891.

The US Dollar Index Futures was down 0.44% at 96.160.

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