Germany shares higher at close of trade; DAX up 0.64%

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Germany shares higher at close of trade; DAX up 0.64%
Credit: © Reuters. – Germany equities were higher at the close on Friday, as gains in the Software , Food & Beverages and Chemicals sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.64%, while the MDAX index climbed 0.28%, and the TecDAX index gained 0.36%.

The biggest gainers of the session on the DAX were Covestro AG (DE: 1COV ), which rose 1.96% or 1.460 points to trade at 75.960 at the close. SAP SE (DE: SAPG ) added 1.87% or 1.690 points to end at 92.020 and BASF SE NA O.N. (DE: BASFN ) was up 1.74% or 1.470 points to 86.070 in late trade.

Biggest losers included RWE AG ST O.N. (DE: RWEG ), which lost 7.28% or 1.555 points to trade at 19.805 in late trade. Deutsche Bank AG NA O.N. (DE: DBKGn ) declined 3.36% or 0.398 points to end at 11.436 and Fresenius SE & Co KGAA O.N. (DE: FREG ) shed 1.14% or 0.720 points to 62.380.

The top performers on the MDAX were Deutsche Euroshop AG (DE: DEQGn ) which rose 3.60% to 29.960, Fielmann AG (DE: FIEG ) which was up 3.21% to settle at 69.050 and Tag Immobilien AG (DE: TEGG ) which gained 2.76% to close at 17.470.

The worst performers were Kion Group AG (DE: KGX ) which was down 5.13% to 69.54 in late trade, Osram Licht AG (DE: OSRn ) which lost 2.43% to settle at 47.47 and Aurubis AG (DE: NAFG ) which was down 2.38% to 73.760 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE: NEKG ) which rose 3.96% to 101.100, CompuGroup Medical AG O.N. (DE: COPMa ) which was up 2.91% to settle at 43.120 and SLM Solutions Group AG (DE: AM3D ) which gained 2.54% to close at 32.25.

The worst performers were Aixtron SE (DE: AIXGn ) which was down 6.51% to 12.950 in late trade, RIB Software AG Na (DE: RIB ) which lost 2.65% to settle at 20.600 and Draegerwerk VZO O.N. (DE: DRWG_p ) which was down 2.36% to 64.100 at the close.

Advancing stocks outnumbered falling ones by 386 to 290 and 92 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 1.99% to 15.33.

In commodities trading, Gold Futures for June delivery was up 0.37% or 4.90 to $1322.80 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.32% or 0.22 to hit $67.97 a barrel, while the June Brent oil contract fell 0.25% or 0.19 to trade at $74.55 a barrel.

EUR/USD was up 0.02% to 1.2107, while EUR/GBP rose 0.99% to 0.8782.

The US Dollar Index Futures was up 0.07% at 91.45.

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