Germany shares higher at close of trade; DAX up 1.31%

Investing.com – Germany equities were higher at the close on Thursday, as gains in the Basic Resources , Food & Beverages and Transportation & Logistics sectors propelled shares higher.

At the close in Frankfurt, the DAX added 1.31%, while the MDAX index climbed 0.96%, and the TecDAX index climbed 0.48%.

The biggest gainers of the session on the DAX were Volkswagen AG VZO O.N. (DE: VOWG_p ), which rose 4.12% or 6.38 points to trade at 161.38 at the close. Daimler AG NA O.N. (DE: DAIGn ) added 4.03% or 2.670 points to end at 68.970 and Deutsche Lufthansa AG (DE: LHAG ) was up 3.68% or 0.920 points to 25.940 in late trade.

Biggest losers included Linde AG O.N. (DE: LING ), which lost 1.63% or 2.70 points to trade at 163.00 in late trade. Commerzbank AG O.N. (DE: CBKG ) declined 0.94% or 0.100 points to end at 10.544 and RWE AG ST O.N. (DE: RWEG ) shed 0.59% or 0.120 points to 20.060.

The top performers on the MDAX were Aurubis AG (DE: NAFG ) which rose 3.67% to 68.280, Jungheinrich AG O.N.VZO (DE: JUNG_p ) which was up 3.33% to settle at 35.960 and Schaeffler AG Pref (DE: SHA_p ) which gained 3.30% to close at 12.54.

The worst performers were Steinhoff International Holdings NV (DE: SNHG ) which was unchanged 1.75% to 0.22 in late trade, Uniper SE (DE: UN01 ) which lost 0.76% to settle at 24.750 and Bilfinger SE O.N. (DE: GBFG ) which was down 0.54% to 37.000 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE: NEKG ) which rose 10.77% to 91.000, Medigene NA O.N. (DE: MDG1k ) which was up 7.20% to settle at 14.450 and Evotec AG O.N. (DE: EVTG ) which gained 5.89% to close at 15.900.

The worst performers were RIB Software AG Na (DE: RIB ) which was down 15.82% to 17.290 in late trade, S&T AG (F: SANT1 ) which lost 10.34% to settle at 18.290 and Dialog Semiconductor (DE: DLGS ) which was down 3.53% to 19.295 at the close.

Advancing stocks outnumbered falling ones by 479 to 211 and 79 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 10.73% to 18.44.

In commodities trading, Gold Futures for April delivery was down 0.06% or 0.80 to $1323.40 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.54% or 0.35 to hit $64.73 a barrel, while the June Brent oil contract rose 0.47% or 0.32 to trade at $69.08 a barrel.

EUR/USD was down 0.11% to 1.2296, while EUR/GBP rose 0.26% to 0.8767.

The US Dollar Index Futures was unchanged 0.00% at 89.76.