Germany's stock market finished the trading day in positive territory on Thursday, driven by strength in Software, Financial Services and Food & Beverages stocks.
At the close in Frankfurt, the DAX rose 0.65%. The MDAX climbed 0.99% and the TecDAX advanced 0.46%.
Top and bottom movers on the DAX
Leading the DAX gains was Volkswagen AG VZO O.N. (ETR:VOWG_p), which added 3.61% or 2.66 points to finish at 76.36. Porsche Automobil Holding SE (ETR:PSHG_p) gained 2.64% or 0.72 points to close at 28.00. Vonovia SE (ETR:VNAn) rose 2.62% or 0.49 points to end the session at 19.21.
On the downside, Fresenius Medical Care KGAA ST (ETR:FMEG) fell 1.93% or 0.76 points to 38.60 at the close. Rheinmetall AG (ETR:RHMG) declined 1.85% or 20.20 points to finish at 1,070.20 and Siemens Healthineers AG (ETR:SHLG) was down 1.65% or 0.65 points to 38.81.
MDAX movers
AUTO1 Group SE (ETR:AG1G) was the strongest MDAX performer, rising 4.77% to 21.98. Aumovio Se (ETR:AMV0n) gained 4.36% to settle at 37.10 and Bechtle AG (ETR:BC8G) added 3.65% to close at 36.96.
Among laggards in the MDAX, RENK Group AG (ETR:R3NK) dropped 2.23% to 43.58. Carl Zeiss Meditec AG (ETR:AFXG) lost 2.19% to settle at 32.16 and Puma SE (ETR:PUMG) fell 1.46% to 24.26 at the close.
TecDAX leaders and laggards
In the TecDAX, Bechtle AG (ETR:BC8G) led gains with a 3.65% rise to 36.96. TeamViewer AG (ETR:TMV) rose 2.30% to finish at 6.90 and SAP SE (ETR:SAPG) gained 2.28% to close at 185.58.
The session's weakest performers included Siltronic AG (ETR:WAFGn), which fell 3.03% to 75.10. Carl Zeiss Meditec AG (ETR:AFXG) was again among decliners, down 2.19% to 32.16, while Siemens Healthineers AG (ETR:SHLG) closed lower by 1.65% at 38.81.
Market breadth and volatility
On the Frankfurt Stock Exchange, advancing issues outnumbered decliners by 390 to 261, while 22 stocks finished unchanged. The DAX volatility index, which reflects implied volatility in DAX option prices, rose 4.73% to 17.42, marking a new one-month high.
Commodities and currencies
In commodities trading, Gold Futures for December delivery were up 2.76% or 121.76 to $4,536.36 a troy ounce. Crude oil for October delivery rose 0.34% or 0.31 to $91.32 a barrel, while the November Brent contract slipped 0.05% or 0.05 to $95.58 a barrel.
In foreign exchange, EUR/USD was unchanged 0.30% at 1.16, and EUR/GBP was unchanged 0.03% at 0.86. The US Dollar Index Futures was down 0.61% at 98.95.
Takeaways
Overall, major German indices finished higher with notable contributions from automotive, software and services-related names. At the same time, volatility picked up and several healthcare and defense-related equities saw declines. Commodity prices moved during the session, with gold rising sharply and oil showing mixed direction depending on contract month.
Rising shares outnumbered declining ones on the exchange, and the DAX volatility gauge reached a one-month high, signaling increased option market activity relative to recent weeks.