Germany shares higher at close of trade; DAX up 0.37%

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Germany shares higher at close of trade; DAX up 0.37%
Credit: © Reuters. – Germany equities were higher at the close on Wednesday, as gains in the Basic Resources , Technology and Construction sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.37%, while the MDAX index gained 0.61%, and the TecDAX index gained 0.43%.

The biggest gainers of the session on the DAX were Continental AG O.N. (DE: CONG ), which rose 1.98% or 2.65 points to trade at 136.65 at the close. Heidelbergcement AG O.N. (DE: HEIG ) added 1.87% or 1.100 points to end at 60.060 and Daimler AG NA O.N. (DE: DAIGn ) was up 1.69% or 0.835 points to 50.220 in late trade.

Biggest losers included Wirecard AG (DE: WDIG ), which lost 4.88% or 4.970 points to trade at 96.880 in late trade. Thyssenkrupp AG O.N. (DE: TKAG ) declined 4.53% or 0.650 points to end at 13.690 and RWE AG ST O.N. (DE: RWEG ) shed 1.34% or 0.300 points to 22.110.

The top performers on the MDAX were Osram Licht AG (DE: OSRn ) which rose 14.32% to 40.00, Kion Group AG (DE: KGX ) which was up 7.03% to settle at 53.62 and Norma Group AG NA O.N. (DE: NOEJ ) which gained 6.30% to close at 46.600.

The worst performers were Zalando SE (DE: ZALG ) which was down 4.68% to 25.68 in late trade, Commerzbank AG O.N. (DE: CBKG ) which lost 2.92% to settle at 6.223 and Evotec AG O.N. (DE: EVTG ) which was down 1.57% to 20.120 at the close.

The top performers on the TecDAX were Kloeckner & Co SE NA (DE: KCOGn ) which rose 7.51% to 6.6550, Jenoptik AG (DE: JENGn ) which was up 4.35% to settle at 30.680 and Nordex SE O.N. (DE: NDXG ) which gained 4.07% to close at 10.315.

The worst performers were Zooplus AG (DE: ZO1G ) which was down 3.13% to 108.50 in late trade, Heidelberger Druckmaschinen O.N. (DE: HDDG ) which lost 2.25% to settle at 1.6040 and Bertrandt AG (DE: BDTG ) which was down 1.86% to 73.750 at the close.

Advancing stocks outnumbered falling ones by 410 to 296 and 72 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 1.03% to 16.69.

In commodities trading, Gold Futures for April delivery was up 0.13% or 1.75 to $1315.75 a troy ounce. Meanwhile, Crude oil for delivery in March rose 2.26% or 1.20 to hit $54.30 a barrel, while the April Brent oil contract rose 2.16% or 1.35 to trade at $63.77 a barrel.

EUR/USD was down 0.35% to 1.1284, while EUR/GBP fell 0.11% to 0.8772.

The US Dollar Index Futures was up 0.32% at 96.808.

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