Germany shares higher at close of trade; DAX up 0.20%

Investing.com – Germany equities were higher at the close on Wednesday, as gains in the Food & Beverages , Consumer & Cyclical and Chemicals sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 0.20%, while the MDAX index climbed 0.17%, and the TecDAX index gained 0.35%.

The biggest gainers of the session on the DAX were Adidas AG (DE: ADSGN ), which rose 2.65% or 5.00 points to trade at 193.90 at the close. Linde AG 1 (DE: LIN1 ) added 1.57% or 3.0500 points to end at 196.8500 and Bayer AG NA (DE: BAYGN ) was up 1.45% or 1.48 points to 103.48 in late trade.

Biggest losers included Commerzbank AG O.N. (DE: CBKG ), which lost 5.82% or 0.641 points to trade at 10.365 in late trade. Deutsche Bank AG NA O.N. (DE: DBKGn ) declined 2.68% or 0.302 points to end at 10.978 and Allianz SE VNA O.N. (DE: ALVG ) shed 1.44% or 2.76 points to 189.50.

The top performers on the MDAX were Duerr AG (DE: DUEG ) which rose 8.20% to 93.420, Leoni AG (DE: LEOGn ) which was up 2.59% to settle at 53.820 and Osram Licht AG (DE: OSRn ) which gained 2.50% to close at 52.50.

The worst performers were Deutsche Pfandbriefbank AG (DE: PBBG ) which was down 5.41% to 12.77 in late trade, Stroeer SE (DE: SAXG ) which lost 2.78% to settle at 59.500 and Metro Wholesale & Food Specialist AG (DE: B4B ) which was down 2.13% to 11.0100 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE: S92G ) which rose 4.23% to 61.650, Jenoptik AG (DE: JENG ) which was up 3.32% to settle at 37.300 and Medigene NA O.N. (DE: MDG1k ) which gained 2.99% to close at 15.860.

The worst performers were Cancom SE O.N. (DE: COKG ) which was down 3.81% to 94.650 in late trade, Evotec AG O.N. (DE: EVTG ) which lost 1.39% to settle at 12.425 and Nemetschek AG O.N. (DE: NEKG ) which was down 1.36% to 109.200 at the close.

Advancing stocks outnumbered falling ones by 383 to 304 and 82 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 5.74% to 15.55.

In commodities trading, Gold Futures for June delivery was down 0.07% or 0.90 to $1289.40 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.41% or 0.29 to hit $71.02 a barrel, while the July Brent oil contract fell 0.26% or 0.20 to trade at $78.23 a barrel.

EUR/USD was down 0.46% to 1.1784, while EUR/GBP fell 0.21% to 0.8747.

The US Dollar Index Futures was up 0.26% at 93.38.