Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Technology, Utilities and Retail sectors led shares higher.
At the close in Frankfurt, the DAX gained 1.35% to hit a new 3-months high, while the MDAX index added 0.96%, and the TecDAX index gained 0.80%.
The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 12.85% or 1.495 points to trade at 13.125 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:VOWG_p) added 3.53% or 4.250 points to end at 124.600 and RWE AG ST O.N. (DE:RWEG) was up 3.21% or 0.350 points to 11.255 in late trade.
The worst performers of the session were Beiersdorf AG O.N. (DE:BEIG), which fell 0.48% or 0.430 points to trade at 88.700 at the close. Allianz SE VNA O.N. (DE:ALVG) declined 0.24% or 0.400 points to end at 167.600 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was down 0.21% or 0.400 points to 188.650.
The top performers on the MDAX were Leoni AG NA O.N. (DE:LEOGn) which rose 3.06% to 37.330, MTU Aero Engines NA O.N. (DE:MTXGn) which was up 2.72% to settle at 90.860 and Hugo Boss AG NA O.N. (DE:BOSSn) which gained 2.58% to close at 82.850.
The worst performers were Hannover Rueckversicherung SE (DE:HNRGn) which was down 0.72% to 109.850 in late trade, Kloeckner & Co SE NA (DE:KCOGn) which lost 0.49% to settle at 8.060 and Osram Licht (DE:OSRn) which was down 0.46% to 39.097 at the close.
The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 3.98% to 35.240, CompuGroup Medical AG O.N. (DE:COPMa) which was up 3.36% to settle at 32.755 and QSC AG NA O.N. (DE:QSCG) which gained 3.23% to close at 1.535.
The worst performers were LPKF Laser & Electronics (DE:LPKG) which was down 2.62% to 7.990 in late trade, PSI AG F.Pr.U.Sys. NA (DE:PSAGn) which lost 2.38% to settle at 12.940 and SMA Solar Technology AG (DE:S92G) which was down 2.09% to 46.610 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 470 to 222 and 39 ended unchanged.
Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; rising 12.85% or 1.495 to 13.125.
The DAX volatility index, which measures the implied volatility of DAX options, was down 3.21% to 20.17.
Gold for December delivery was up 0.02% or 0.20 to $1070.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.32% or 0.57 to hit $42.47 a barrel, while the January Brent oil contract fell 1.59% or 0.73 to trade at $45.44 a barrel.
EUR/USD was down 0.13% to 1.0611, while EUR/GBP fell 0.03% to 0.7020.
The US Dollar Index was up 0.05% at 99.88.