Germany shares higher at close of trade; DAX up 0.36%

Investing.com – Germany equities were higher at the close on Wednesday, as gains in the Transportation & Logistics , Construction and Technology sectors propelled shares higher.

At the close in Frankfurt, the DAX gained 0.36% to hit a new 1-month high, while the MDAX index gained 0.63%, and the TecDAX index gained 0.71%.

The biggest gainers of the session on the DAX were Deutsche Bank AG NA O.N. (DE: DBKGn ), which rose 8.27% or 0.619 points to trade at 8.105 at the close. Deutsche Lufthansa AG (DE: LHAG ) added 3.58% or 0.705 points to end at 20.420 and Covestro AG (DE: 1COV ) was up 2.53% or 1.140 points to 46.250 in late trade.

Biggest losers included Thyssenkrupp AG O.N. (DE: TKAG ), which lost 1.55% or 0.250 points to trade at 15.860 in late trade. Henkel & Co KGaA AG Pref (DE: HNKG_p ) declined 1.44% or 1.38 points to end at 94.20 and Continental AG O.N. (DE: CONG ) shed 1.10% or 1.45 points to 129.85.

The top performers on the MDAX were Commerzbank AG O.N. (DE: CBKG ) which rose 7.42% to 6.649, Fuchs Petrolub AG VZO Pref (DE: FPEG_p ) which was up 5.69% to settle at 40.710 and Siltronic AG (DE: WAFGn ) which gained 4.90% to close at 81.000.

The worst performers were Schaeffler AG Pref (DE: SHA_p ) which was down 3.15% to 7.57 in late trade, Telefonica Deutschland Holding AG (DE: O2Dn ) which lost 1.52% to settle at 3.044 and Uniper SE (DE: UN01 ) which was down 1.31% to 24.040 at the close.

The top performers on the TecDAX were Steinhoff International Holdings NV (DE: SNHG ) which rose 9.70% to 0.13, SGL Carbon SE (DE: SGCG ) which was up 6.14% to settle at 7.005 and Aixtron SE NA O.N. (DE: AIXGn ) which gained 5.51% to close at 8.5720.

The worst performers were Zooplus AG (DE: ZO1G ) which was down 5.95% to 116.90 in late trade, SAF Holland SA (DE: SFQN ) which lost 3.46% to settle at 10.590 and Kloeckner & Co SE NA (DE: KCOGn ) which was down 1.61% to 6.4150 at the close.

Advancing stocks outnumbered falling ones by 455 to 238 and 86 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 8.95% to 17.80 a new 1-month low.

In commodities trading, Gold Futures for February delivery was up 0.49% or 6.35 to $1294.75 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.33% or 0.17 to hit $51.94 a barrel, while the March Brent oil contract rose 0.21% or 0.13 to trade at $60.77 a barrel.

EUR/USD was down 0.09% to 1.1403, while EUR/GBP fell 0.02% to 0.8870.

The US Dollar Index Futures was down 0.03% at 95.648.