Germany shares higher at close of trade; DAX up 0.55%

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Germany shares higher at close of trade; DAX up 0.55%
Credit: © Reuters. – Germany equities were higher at the close on Thursday, as gains in the Technology , Construction and Basic Resources sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.55%, while the MDAX index climbed 1.15%, and the TecDAX index added 1.96%.

The biggest gainers of the session on the DAX were Infineon Technologies AG NA O.N. (DE: IFXGn ), which rose 3.46% or 0.820 points to trade at 24.505 at the close. Heidelbergcement AG O.N. (DE: HEIG ) added 3.37% or 3.010 points to end at 92.440 and Deutsche Bank AG NA O.N. (DE: DBKGn ) was up 2.63% or 0.415 points to 16.175 in late trade.

Biggest losers included RWE AG ST O.N. (DE: RWEG ), which lost 1.98% or 0.410 points to trade at 20.245 in late trade. Adidas AG (DE: ADSGN ) declined 0.75% or 1.40 points to end at 184.70 and Muench. Rueckvers. VNA O.N. (DE: MUVGn ) shed 0.16% or 0.30 points to 190.20.

The top performers on the MDAX were Zalando SE (DE: ZALG ) which rose 3.77% to 41.19, Salzgitter AG (DE: SZGG ) which was up 3.67% to settle at 41.695 and Steinhoff International Holdings NV (DE: SNHG ) which gained 3.65% to close at 3.18.

The worst performers were K+S AG NA O.N. (DE: SDFGn ) which was down 0.59% to 19.375 in late trade, Talanx AG NA O.N. (DE: TLXGn ) which lost 0.49% to settle at 33.680 and Jungheinrich AG O.N.VZO (DE: JUNG_p ) which was down 0.43% to 37.465 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE: ADAG ) which rose 12.58% to 5.353, GFT Technologies AG (DE: GFTG ) which was up 10.13% to settle at 12.230 and Wirecard AG (DE: WDIG ) which gained 4.46% to close at 85.240.

The worst performers were Evotec AG O.N. (DE: EVTG ) which was down 1.84% to 12.815 in late trade, Slm Solution G (DE: AM3D ) which lost 1.51% to settle at 41.85 and Telefonica Deutschland Holding AG (DE: O2Dn ) which was down 0.17% to 4.158 at the close.

Advancing stocks outnumbered falling ones by 526 to 218 and 39 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 5.60% to 14.33.

In commodities trading, Gold Futures for December delivery was up 0.23% or 3.00 to $1280.70 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.43% or 0.24 to hit $55.09 a barrel, while the January Brent oil contract fell 0.81% or 0.50 to trade at $61.37 a barrel.

EUR/USD was down 0.16% to 1.1772, while EUR/GBP fell 0.29% to 0.8926.

The US Dollar Index Futures was up 0.06% at 93.78.

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