Investing.com – Germany equities were higher at the close on Thursday, as gains in the Telecoms, Technology and Pharmaceuticals & Healthcare sectors propelled shares higher.
At the close in Frankfurt, the DAX rose 2.68%, while the MDAX index added 2.12%, and the TecDAX index added 2.48%.
The biggest gainers of the session on the DAX were Continental AG O.N. (XETRA:CONG), which rose 4.01% or 7.400 points to trade at 191.850 at the close. Fresenius Medical Care KGAA ST (XETRA:FMEG) added 3.95% or 2.630 points to end at 69.290 and Deutsche Telekom AG Na (XETRA:DTEGn) was up 3.67% or 0.555 points to 15.665 in late trade.
Biggest losers included Lanxess AG (XETRA:LXSG), which added 1.01% or 0.445 points to trade at 44.540 in late trade. K & S AG NA O.N. (XETRA:SDFGn) added 1.08% or 0.350 points to end at 32.795 and BASF SE NA O.N. (XETRA:BASFN) gained 1.29% or 0.910 points to 71.340.
The top performers on the MDAX were Rheinmetall AG (XETRA:RHMG) which rose 5.21% to 56.380, Duerr AG O.N. (XETRA:DUEG) which was up 4.33% to settle at 69.640 and Kuka AG (XETRA:KU2G) which gained 3.70% to close at 73.150.
The worst performers were Evonik Industries AG (XETRA:EVKn) which was down 2.14% to 32.165 in late trade, Gagfah SA Nom. (XETRA:GFJG) which lost 1.06% to settle at 15.425 and Deutsche Annington Immobilien SE (XETRA:ANNGn) which was unchanged 0.00% to 28.98 at the close.
The top performers on the TecDAX were Adva Optical Networking SE (XETRA:ADAG) which rose 6.69% to 9.686, LPKF Laser & Electronics (XETRA:LPKG) which was up 5.87% to settle at 8.700 and Dialog Semiconductor (XETRA:DLGS) which gained 4.74% to close at 43.430.
The worst performers were Xing AG (XETRA:OBCGn) which was up 0.14% to 177.750 in late trade, Carl Zeiss Meditec AG (XETRA:AFXG) which gained 0.35% to settle at 24.100 and Evotec AG O.N. (XETRA:EVTG) which was up 0.45% to 3.783 at the close.
Advancing stocks outnumbered falling ones by 571 to 102 and 41 ended unchanged on the Frankfurt Stock Exchange.
The DAX volatility index, which measures the implied volatility of DAX options, was down 10.64% to 25.88.
In commodities trading, Gold for December delivery was down 0.92% or 10.40 to $1123.20 a troy ounce. Meanwhile, Crude oil for delivery in October rose 2.14% or 0.99 to hit $47.24 a barrel, while the October Brent oil contract rose 1.38% or 0.69 to trade at $51.20 a barrel.
EUR/USD was down 1.07% to 1.1107, while EUR/GBP fell 0.76% to 0.7282.
The US Dollar Index was up 0.65% at 96.50.