Germany shares higher at close of trade; DAX up 1.74%

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Germany shares higher at close of trade; DAX up 1.74%
Credit: © Reuters. – Germany equities were higher at the close on Thursday, as gains in the Software , Chemicals and Telecoms sectors propelled shares higher.

At the close in Frankfurt, the DAX added 1.74%, while the MDAX index added 1.65%, and the TecDAX index climbed 2.02%.

The biggest gainers of the session on the DAX were Thyssenkrupp AG O.N. (DE: TKAG ), which rose 10.06% or 1.218 points to trade at 13.328 at the close. Linde PLC (DE: LINI ) added 3.95% or 6.400 points to end at 168.500 and SAP SE (DE: SAPG ) was up 2.76% or 3.120 points to 116.080 in late trade.

Biggest losers included Deutsche Post AG NA O.N. (DE: DPWGn ), which lost 1.78% or 0.515 points to trade at 28.405 in late trade. Continental AG O.N. (DE: CONG ) declined 1.39% or 1.82 points to end at 129.30 and Volkswagen AG VZO O.N. (DE: VOWG_p ) shed 0.68% or 1.02 points to 148.10.

The top performers on the MDAX were Osram Licht AG (DE: OSRn ) which rose 5.30% to 28.80, Nemetschek AG O.N. (DE: NEKG ) which was up 4.97% to settle at 150.100 and Morphosys AG O.N. (DE: MORG ) which gained 4.94% to close at 93.5000.

The worst performers were Hella KGaA Hueck & Co (DE: HLE ) which was down 1.31% to 45.06 in late trade, Puma SE (DE: PUMG ) which lost 1.28% to settle at 542.00 and Leoni AG (DE: LEOGn ) which was down 0.92% to 15.080 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE: NEKG ) which rose 4.97% to 150.100, Morphosys AG O.N. (DE: MORG ) which was up 4.94% to settle at 93.500 and Cancom SE O.N. (DE: COKG ) which gained 3.28% to close at 47.280.

The worst performers were Dialog Semiconductor (DE: DLGS ) which was down 0.49% to 34.2900 in late trade, Infineon Technologies AG NA O.N. (DE: IFXGn ) which gained 0.09% to settle at 18.216 and Xing AG (DE: OBCGn ) which was up 0.15% to 343.50 at the close.

Advancing stocks outnumbered falling ones by 505 to 198 and 73 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 9.45% to 15.43.

In commodities trading, Gold Futures for June delivery was down 0.87% or 11.25 to $1286.55 a troy ounce. Meanwhile, Crude oil for delivery in June rose 1.47% or 0.91 to hit $62.93 a barrel, while the July Brent oil contract rose 1.55% or 1.11 to trade at $72.88 a barrel.

EUR/USD was down 0.21% to 1.1177, while EUR/GBP rose 0.25% to 0.8736.

The US Dollar Index Futures was up 0.26% at 97.627.

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