The DAX in Frankfurt gained ground to close about 0.7% firmer at 23,770 on Thursday, the second day of advances and outperforming its European peers. Market sentiment was supported by growing evidence from the data that a Federal Reserve rate cut may be on the horizon. Meanwhile, investors looked ahead to US jobs numbers due on Friday for guidance on the Fed’s next moves. Among equities, top gainers included Siemens Energy (+3.7%), Heidelberg Materials (+3.5%), Deutsche Telekom (+2.4%), Commerzbank (+2.2%), Zalando (+2.1%) and RWE (+2%). Among losers, Porsche AG and healthcare group Sartorius shed 3.9% and 1.1%, respectively, as they prepare to leave the DAX in the latest quarterly reshuffle, with Scout24 and GEA Group taking their places from September 22.