Germany stocks higher at close of trade; DAX up 0.96%

Germany stocks were higher after the close on Thursday, as gains in the Insurance, Transportation & Logistics and Construction sectors led shares higher.

At the close in Frankfurt, the DAX added 0.96% to hit a new all time high, while the MDAXindex added 1.17%, and the TecDAX index climbed 1.17%.

The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 3.09% or 0.284 points to trade at 9.486 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 2.35% or 0.395 points to end at 17.195 and Continental AG O.N. (DE:CONG) was up 2.14% or 4.30 points to 205.30 in late trade.

The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 2.26% or 0.430 points to trade at 18.600 at the close. Allianz SE VNA O.N. (DE:ALVG) declined 1.42% or 2.50 points to end at 173.85 and Siemens AG (DE:SIEGn) was down 0.60% or 0.80 points to 131.65.

The top performers on the MDAX were Jungheinrich AG O.N.VZO (DE:JUNG_p) which rose 3.55% to 34.710, Osram Licht AG (F:OSRn) which was up 3.30% to settle at 63.829 and K+S AG NA O.N. (DE:SDFGn) which gained 2.67% to close at 21.955.

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The worst performers were Metro AG ST O.N. (DE:MEOG) which was down 1.34% to 29.745 in late trade, Salzgitter AG (DE:SZGG) which lost 1.13% to settle at 31.580 and Symrise AG Inh. O.N. (DE:SY1G) which was down 0.67% to 65.710 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE:ADAG) which rose 2.86% to 9.727, Jenoptik AG (DE:JENG) which was up 2.50% to settle at 26.600 and Software AG O.N. (DE:SOWG) which gained 2.17% to close at 42.590.

The worst performers were S&T AG (F:SANT1) which was down 2.92% to 13.193 in late trade, Aixtron SE NA O.N. (DE:AIXGn) which lost 1.22% to settle at 5.270 and GFT Technologies AG (DE:GFTG) which was down 0.80% to 19.160 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 469 to 292 and 19 ended unchanged.

Shares in Commerzbank AG O.N. (DE:CBKG) rose to 52-week highs; gaining 3.09% or 0.284 to 9.486. Shares in Jungheinrich AG O.N.VZO (DE:JUNG_p) rose to 52-week highs; up 3.55% or 1.190 to 34.710. Shares in Osram Licht AG (F:OSRn) rose to all time highs; gaining 3.30% or 2.041 to 63.829. Shares in Jenoptik AG (DE:JENG) rose to all time highs; rising 2.50% or 0.650 to 26.600. Shares in Software AG O.N. (DE:SOWG) rose to 5-year highs; gaining 2.17% or 0.905 to 42.590.

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