Investing.com – Germany equities were higher at the close on Thursday, as gains in the Telecoms, Utilities and Technology sectors propelled shares higher.
At the close in Frankfurt, the DAX added 2.57%, while the MDAX index gained 1.04%, and the TecDAX index climbed 1.52%.
The biggest gainers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which rose 4.26% or 5.350 points to trade at 130.850 at the close. Bayer AG NA (DE:BAYGN) added 4.04% or 4.600 points to end at 118.600 and Deutsche Boerse NA O.N. (DE:DB1Gn) was up 3.60% or 2.720 points to 78.250 in late trade.
Biggest losers included K+S AG NA O.N. (DE:SDFGn), which lost 0.63% or 0.150 points to trade at 23.565 in late trade. Thyssenkrupp AG O.N. (DE:TKAG) declined 0.06% or 0.010 points to end at 17.280 and Lanxess AG (DE:LXSG) gained 0.65% or 0.280 points to 43.250.
The top performers on the MDAX were Wacker Chemie O.N. (DE:WCHG) which rose 4.99% to 79.110, Rheinmetall AG (DE:RHMG) which was up 2.92% to settle at 63.190 and Metro AG ST O.N. (DE:MEOG) which gained 2.56% to close at 29.200.
The worst performers were Salzgitter AG O.N. (DE:SZGG) which was down 1.99% to 21.140 in late trade, Leoni AG NA O.N. (DE:LEOGn) which lost 1.47% to settle at 35.470 and Osram Licht (DE:OSRn) which was down 0.87% to 39.304 at the close.
The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 8.01% to 51.000, Jenoptik AG O.N. (DE:JENG) which was up 4.33% to settle at 14.825 and Sartorius AG VZO O.N. (DE:SATG_p) which gained 3.69% to close at 229.150.
The worst performers were LPKF Laser & Electronics (DE:LPKG) which was down 1.67% to 7.425 in late trade, Software AG O.N. (DE:SOWG) which lost 1.59% to settle at 25.705 and Kontron AG O.N. (DE:KBCG) which was down 1.21% to 2.941 at the close.
Advancing stocks outnumbered falling ones by 524 to 171 and 29 ended unchanged on the Frankfurt Stock Exchange.
The DAX volatility index, which measures the implied volatility of DAX options, was down 8.92% to 21.24.
In commodities trading, Gold for February delivery was down 2.38% or 25.60 to $1051.20 a troy ounce. Meanwhile, Crude oil for delivery in January fell 2.31% or 0.82 to hit $34.70 a barrel, while the February Brent oil contract fell 0.47% or 0.17 to trade at $37.22 a barrel.
EUR/USD was down 0.98% to 1.0805, while EUR/GBP fell 0.11% to 0.7266.
The US Dollar Index was up 0.94% at 99.33.