Investing.com – Germany stocks were higher after the close on Thursday, as gains in the Food & Beverages, Media and Telecoms sectors led shares higher.
At the close in Frankfurt, the DAX rose 1.75% to hit a new 52-week high, while the MDAX index gained 1.14%, and the TecDAX index gained 0.85%.
The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 5.21% or 0.380 points to trade at 7.670 at the close. Meanwhile, Prosiebensat 1 Media AG (DE:PSMGn) added 4.58% or 1.545 points to end at 35.315 and Bayer AG NA (DE:BAYGN) was up 3.41% or 3.070 points to 93.170 in late trade.
The worst performers of the session were RWE AG ST O.N. (DE:RWEG), which fell 3.88% or 0.450 points to trade at 11.155 at the close. E.ON SE NA (DE:EONGn) declined 1.80% or 0.117 points to end at 6.365 and Vonovia SE (DE:VNAn) was down 1.03% or 0.30 points to 29.20.
The top performers on the MDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 5.53% to 5.06, K+S AG NA O.N. (DE:SDFGn) which was up 4.13% to settle at 22.210 and Suedzucker AG (DE:SZUG) which gained 3.91% to close at 21.940.
The worst performers were Fraport AG (DE:FRAG) which was down 1.77% to 54.420 in late trade, Deutsche Wohnen AG Inh (DE:DWNG) which lost 1.30% to settle at 28.145 and Hannover Rueck SE (DE:HNRGn) which was down 1.10% to 103.100 at the close.
The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 4.26% to 23.860, S&T AG (F:SANT1) which was up 3.42% to settle at 9.029 and Dialog Semiconductor (DE:DLGS) which gained 2.50% to close at 36.905.
The worst performers were Aixtron SE (F:AIXC) which was down 3.38% to 3.715 in late trade, RIB Software AG Na (DE:RIB) which lost 2.96% to settle at 13.295 and Cancom SE O.N. (DE:COKG) which was down 0.65% to 43.715 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 542 to 211 and 24 ended unchanged.
The DAX volatility index, which measures the implied volatility of DAX options, was down 2.80% to 15.97 a new 1-month low.
Gold for February delivery was down 0.41% or 4.85 to $1172.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.27% or 0.63 to hit $50.40 a barrel, while the February Brent oil contract rose 1.02% or 0.54 to trade at $53.54 a barrel.
EUR/USD was down 1.23% to 1.0623, while EUR/GBP fell 0.83% to 0.8447.
The US Dollar Index was up 0.83% at 101.11.