Germany shares higher at close of trade; DAX up 1.04%

Investing.com – Germany equities were higher at the close on Friday, as gains in the Food & Beverages , Consumer & Cyclical and Software sectors propelled shares higher.

At the close in Frankfurt, the DAX added 1.04% to hit a new 1-month high, while the MDAX index climbed 1.10%, and the TecDAX index added 1.38%.

The biggest gainers of the session on the DAX were Deutsche Bank AG NA O.N. (DE: DBKGn ), which rose 3.32% or 0.218 points to trade at 6.780 at the close. SAP SE (DE: SAPG ) added 2.34% or 2.760 points to end at 120.760 and Henkel & Co KGaA AG Pref (DE: HNKG_p ) was up 2.19% or 1.84 points to 86.02 in late trade.

Biggest losers included Merck KGaA (DE: MRCG ), which lost 0.82% or 0.76 points to trade at 91.96 in late trade. Wirecard AG (DE: WDIG ) declined 0.50% or 0.750 points to end at 148.050 and Fresenius SE & Co KGAA O.N. (DE: FREG ) shed 0.42% or 0.200 points to 47.680.

The top performers on the MDAX were Nemetschek AG O.N. (DE: NEKG ) which rose 7.48% to 52.950, Dialog Semiconductor (DE: DLGS ) which was up 4.76% to settle at 35.460 and Jungheinrich AG O.N.VZO (DE: JUNG_p ) which gained 3.67% to close at 27.100.

The worst performers were Osram Licht AG (DE: OSRn ) which was down 2.03% to 28.96 in late trade, Duerr AG (DE: DUEG ) which lost 1.09% to settle at 29.970 and RTL Group SA (DE: RRTL ) which was down 0.35% to 45.040 at the close.

The top performers on the TecDAX were SLM Solutions Group AG (DE: AM3D ) which rose 12.59% to 12.70, Nemetschek AG O.N. (DE: NEKG ) which was up 7.48% to settle at 52.950 and SMA Solar Technology AG (DE: S92G ) which gained 7.03% to close at 25.580.

The worst performers were S&T AG (DE: SANT1 ) which was down 2.38% to 20.48 in late trade, Nordex SE O.N. (DE: NDXG ) which lost 1.30% to settle at 12.120 and Medigene NA O.N. (DE: MDG1k ) which was down 1.13% to 7.425 at the close.

Advancing stocks outnumbered falling ones by 489 to 198 and 91 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 3.80% to 14.69.

In commodities trading, Gold Futures for August delivery was up 0.10% or 1.45 to $1413.45 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.25% or 0.15 to hit $59.28 a barrel, while the September Brent oil contract fell 0.21% or 0.14 to trade at $65.53 a barrel.

EUR/USD was down 0.05% to 1.1362, while EUR/GBP fell 0.22% to 0.8948.

The US Dollar Index Futures was up 0.03% at 95.770.