Germany shares higher at close of trade; DAX up 0.54%

Investing.com – Germany equities were higher at the close on Thursday, as gains in the Media , Construction and Insurance sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.54%, while the MDAX index climbed 0.69%, and the TecDAX index added 0.95%.

The biggest gainers of the session on the DAX were Wirecard AG (DE: WDIG ), which rose 2.27% or 3.400 points to trade at 153.400 at the close. Muench. Rueckvers. VNA O.N. (DE: MUVGn ) added 1.67% or 3.60 points to end at 219.30 and Beiersdorf AG O.N. (DE: BEIG ) was up 1.66% or 1.700 points to 104.000 in late trade.

Biggest losers included Fresenius SE & Co KGAA O.N. (DE: FREG ), which lost 0.51% or 0.235 points to trade at 46.105 in late trade. E.ON SE NA (DE: EONGn ) declined 0.41% or 0.039 points to end at 9.379 and Fresenius Medical Care KGAA ST (DE: FMEG ) shed 0.39% or 0.260 points to 65.980.

The top performers on the MDAX were Axel Springer SE (DE: SPRGn ) which rose 22.06% to 55.050, Sartorius AG VZO O.N. (DE: SATG_p ) which was up 3.60% to settle at 172.600 and Metro Wholesale & Food Specialist AG (DE: B4B ) which gained 2.17% to close at 14.1350.

The worst performers were LEG Immobilien AG (DE: LEGn ) which was down 2.87% to 106.550 in late trade, Aroundtown Property Holdings PLC (DE: AT1 ) which lost 1.68% to settle at 7.592 and Deutsche Wohnen AG (DE: DWNG ) which was down 1.28% to 41.550 at the close.

The top performers on the TecDAX were SLM Solutions Group AG (DE: AM3D ) which rose 8.99% to 9.70, RIB Software AG Na (DE: RIB ) which was up 3.76% to settle at 16.290 and Xing AG (DE: OBCGn ) which gained 3.67% to close at 353.00.

The worst performers were Medigene NA O.N. (DE: MDG1k ) which was down 2.86% to 7.800 in late trade, Telefonica Deutschland Holding AG (DE: O2Dn ) which lost 1.19% to settle at 2.485 and Morphosys AG O.N. (DE: MORG ) which was down 0.95% to 88.300 at the close.

Advancing stocks outnumbered falling ones by 408 to 260 and 101 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 5.68% to 17.11.

In commodities trading, Gold Futures for June delivery was up 0.43% or 5.50 to $1286.50 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.65% or 0.97 to hit $57.84 a barrel, while the August Brent oil contract fell 2.37% or 1.61 to trade at $66.26 a barrel.

EUR/USD was up 0.08% to 1.1138, while EUR/GBP rose 0.17% to 0.8827.

The US Dollar Index Futures was up 0.01% at 98.042.