Germany shares higher at close of trade; DAX up 0.06%

Investing.com – Germany equities were higher at the close on Friday, as gains in the Utilities , Insurance and Technology sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.06%, while the MDAX index climbed 0.07%, and the TecDAX index added 0.29%.

The biggest gainers of the session on the DAX were RWE AG ST O.N. (DE: RWEG ), which rose 2.77% or 0.475 points to trade at 17.625 at the close. E.ON SE NA (DE: EONGn ) added 2.03% or 0.164 points to end at 8.243 and Lufthansa AG VNA O.N. (DE: LHAG ) was up 1.28% or 0.260 points to 20.500 in late trade.

Biggest losers included Prosiebensat 1 Media AG (DE: PSMGn ), which lost 2.06% or 0.720 points to trade at 34.245 in late trade. Commerzbank AG O.N. (DE: CBKG ) declined 0.80% or 0.090 points to end at 11.110 and Thyssenkrupp AG O.N. (DE: TKAG ) shed 0.80% or 0.210 points to 25.920.

The top performers on the MDAX were Osram Licht AG (F: OSRn ) which rose 3.90% to 70.171, Innogy SE (DE: IGY ) which was up 2.71% to settle at 35.265 and STADA Arzneimittel VNA O.N. (DE: STAGn ) which gained 2.58% to close at 64.500.

The worst performers were Axel Springer SE (DE: SPRGn ) which was down 1.95% to 51.850 in late trade, Suedzucker AG (DE: SZUG ) which lost 1.55% to settle at 18.070 and Metro AG ST O.N. (DE: MEOG ) which was down 1.41% to 29.090 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE: RIB ) which rose 3.12% to 15.045, Jenoptik AG (DE: JENG ) which was up 2.03% to settle at 22.640 and Cancom SE O.N. (DE: COKG ) which gained 1.68% to close at 53.400.

The worst performers were Nordex SE O.N. (DE: NDXG ) which was down 6.14% to 11.610 in late trade, Medigene NA O.N. (DE: MDG1k ) which lost 1.84% to settle at 10.695 and Telefonica Deutschland Holding AG (DE: O2Dn ) which was down 1.29% to 4.298 at the close.

Declining stocks outnumbered rising ones by 412 to 343 and 28 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 2.69% to 14.71.

In commodities trading, Gold Futures for August delivery was down 1.03% or 12.55 to $1210.75 a troy ounce. Meanwhile, Crude oil for delivery in August fell 2.59% or 1.18 to hit $44.34 a barrel, while the September Brent oil contract fell 2.58% or 1.24 to trade at $46.87 a barrel.

EUR/USD was down 0.20% to 1.1400, while EUR/GBP rose 0.48% to 0.8850.

The US Dollar Index Futures was up 0.24% at 95.81.