Germany shares higher at close of trade; DAX up 0.40%

Investing.com – Germany equities were higher at the close on Friday, as gains in the Telecoms , Media and Utilities sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.40% to hit a new 1-month high, while the MDAX index gained 0.12%, and the TecDAX index added 0.69%.

The biggest gainers of the session on the DAX were Linde AG 1 (DE: LIN1 ), which rose 2.64% or 5.5000 points to trade at 213.6000 at the close. Deutsche Lufthansa AG (DE: LHAG ) added 2.09% or 0.450 points to end at 21.940 and Deutsche Telekom AG Na (DE: DTEGn ) was up 2.02% or 0.280 points to 14.145 in late trade.

Biggest losers included BASF SE NA O.N. (DE: BASFN ), which lost 2.69% or 2.280 points to trade at 82.340 in late trade. Deutsche Boerse AG (DE: DB1Gn ) declined 1.74% or 2.000 points to end at 112.850 and Bayerische Motoren Werke AG (DE: BMWG ) shed 0.58% or 0.480 points to 82.910.

The top performers on the MDAX were Osram Licht AG (DE: OSRn ) which rose 3.35% to 37.30, Prosiebensat 1 Media AG (DE: PSMGn ) which was up 2.89% to settle at 23.1100 and Metro Wholesale & Food Specialist AG (DE: B4B ) which gained 2.83% to close at 10.3650.

The worst performers were Kion Group AG (DE: KGX ) which was down 6.35% to 56.68 in late trade, Puma SE (DE: PUMG ) which lost 3.54% to settle at 422.00 and Jungheinrich AG O.N.VZO (DE: JUNG_p ) which was down 2.92% to 30.620 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE: NEKG ) which rose 9.95% to 126.000, Cancom SE O.N. (DE: COKG ) which was up 3.99% to settle at 49.500 and Telefonica Deutschland Holding AG (DE: O2Dn ) which gained 3.56% to close at 3.813.

The worst performers were Qiagen NV (DE: QIA ) which was down 1.16% to 31.460 in late trade, Wirecard AG (DE: WDIG ) which lost 0.71% to settle at 161.900 and Xing AG (DE: OBCGn ) which was down 0.50% to 296.00 at the close.

Advancing stocks outnumbered falling ones by 400 to 286 and 89 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 5.31% to 14.01.

In commodities trading, Gold Futures for August delivery was down 0.04% or 0.50 to $1225.20 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.43% or 0.30 to hit $69.31 a barrel, while the September Brent oil contract rose 0.17% or 0.13 to trade at $74.67 a barrel.

EUR/USD was up 0.06% to 1.1650, while EUR/GBP rose 0.06% to 0.8888.

The US Dollar Index Futures was down 0.07% at 94.50.