German stocks closed flat on Thursday, with the benchmark DAX index up 21.03 points, or 0.18 percent, to end at 11,468.54 points.

German airlines Lufthansa won the most among the blue chips, with its shares up 6.18 percent. Deutsche Bank and semiconductor manufacturer Infineon Technologies rose by 3.74 percent and 2.81 percent respectively.

Global internet technology and financial services provider Wirecard lost the most among the blue chips, by falling 2.41 percent. Sportswear and equipment maker Adidas and multinational software corporation SAP went down by 1.88 percent and 0.98 percent respectively.

Automotive manufacturer Volkswagen was the most-traded share with a turnover of 263.98 million euros (300.75 million U.S. dollars). Enditem