German shares edged up slightly on Thursday, with the benchmark DAX index up 0.09 percent, or 11.08 points, to close at 11,978.39 points.

German flag carrier Lufthansa gained the most by 2.62 percent, followed by Adidas (1.83 percent) and Commerzbank (1.57 percent).

Pharmaceutical company Merck, automotive manufacturer BMW and Volkswagen are the top three losers, whose shares dropped by 2.72 percent, 2.56 percent and 1.29 percent respectively.

BMW was the most traded share, with a turnover of 354.10 million euros (373.61 million U.S. dollars).