German shares surged on Thursday after the ECB press conference. The ECB left the benchmark interest rate at record low level of 0.75% and unveiled details regarding unlimited bond-purchasing program. Sending German stocks higher, the country's factory orders advanced more-than-expected in July, jumping from June's drastic decline. The DAX Index rallied 1.31% to trade at 7,102.40. All sectors included in the index soared. Top-gainers were basic materials and industrials. BASF and K+S advanced by 2.88% and 0.08% while Daimler and Volkswagen rose by 2.11% and 2.37%. Lenders also followed bullish trend, with Deutsche Bank and Commerzbank climbing 2.64% and 2.42%.