Germany shares higher at close of trade; DAX up 0.82%

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Germany shares higher at close of trade; DAX up 0.82%
Credit: © Reuters. – Germany equities were higher at the close on Wednesday, as gains in the Technology , Transportation & Logistics and Consumer & Cyclical sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.82%, while the MDAX index added 0.79%, and the TecDAX index climbed 0.89%.

The biggest gainers of the session on the DAX were Deutsche Lufthansa AG (DE: LHAG ), which rose 4.20% or 0.860 points to trade at 21.350 at the close. Infineon Technologies AG NA O.N. (DE: IFXGn ) added 3.09% or 0.690 points to end at 23.050 and Covestro AG (DE: 1COV ) was up 2.83% or 2.240 points to 81.520 in late trade.

Biggest losers included Linde AG 1 (DE: LIN1 ), which lost 1.29% or 2.8000 points to trade at 214.4000 in late trade. Bayer AG NA (DE: BAYGN ) declined 0.48% or 0.45 points to end at 92.96 and Fresenius Medical Care KGAA ST (DE: FMEG ) shed 0.37% or 0.320 points to 85.600.

The top performers on the MDAX were Leoni AG (DE: LEOGn ) which rose 6.08% to 43.780, GEA Group AG (DE: G1AG ) which was up 3.93% to settle at 31.470 and Osram Licht AG (DE: OSRn ) which gained 3.85% to close at 35.37.

The worst performers were Scout24 AG (DE: G24n ) which was down 2.18% to 46.620 in late trade, Gerresheimer AG (DE: GXIG ) which lost 1.47% to settle at 73.600 and Airbus Group SE (DE: AIRG ) which was down 0.30% to 107.24 at the close.

The top performers on the TecDAX were Siltronic AG (DE: WAFGn ) which rose 5.95% to 137.950, Aixtron SE (DE: AIXGn ) which was up 4.85% to settle at 12.750 and S&T AG (DE: SANT1 ) which gained 3.68% to close at 24.26.

The worst performers were Software AG (DE: SOWGn ) which was down 6.35% to 40.260 in late trade, RIB Software AG Na (DE: RIB ) which lost 1.90% to settle at 19.660 and Nemetschek AG O.N. (DE: NEKG ) which was down 1.18% to 117.600 at the close.

Advancing stocks outnumbered falling ones by 495 to 197 and 89 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 0.99% to 13.74 a new 1-month low.

In commodities trading, Gold Futures for August delivery was down 0.07% or 0.80 to $1226.50 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.55% or 0.37 to hit $67.53 a barrel, while the September Brent oil contract rose 0.75% or 0.54 to trade at $72.70 a barrel.

EUR/USD was down 0.06% to 1.1653, while EUR/GBP rose 0.37% to 0.8925.

The US Dollar Index Futures was up 0.06% at 94.79.

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