Germany shares higher at close of trade; DAX up 0.90%

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Germany shares higher at close of trade; DAX up 0.90%
Credit: © Reuters.

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

At the close in Frankfurt, the DAX added 0.90%, while the MDAX index gained 0.56%, and the TecDAX index climbed 0.48%.

The biggest gainers of the session on the DAX were Bayerische Motoren Werke AG (DE: BMWG ), which rose 3.12% or 2.120 points to trade at 70.000 at the close. Daimler AG NA O.N. (DE: DAIGn ) added 2.94% or 1.550 points to end at 54.300 and RWE AG ST O.N. (DE: RWEG ) was up 2.60% or 0.590 points to 23.320 in late trade.

Biggest losers included E.ON SE NA (DE: EONGn ), which lost 5.65% or 0.545 points to trade at 9.095 in late trade. Thyssenkrupp AG O.N. (DE: TKAG ) declined 4.95% or 0.630 points to end at 12.110 and Merck KGaA (DE: MRCG ) shed 1.13% or 1.04 points to 91.10.

The top performers on the MDAX were Lanxess AG (DE: LXSG ) which rose 3.32% to 47.250, LEG Immobilien AG (DE: LEGn ) which was up 3.06% to settle at 111.000 and Dialog Semiconductor (DE: DLGS ) which gained 2.62% to close at 34.460.

The worst performers were Drillisch AG (DE: DRIG ) which was down 11.35% to 27.800 in late trade, Leoni AG (DE: LEOGn ) which lost 11.12% to settle at 15.220 and United Internet AG NA (DE: UTDI ) which was down 6.29% to 31.610 at the close.

The top performers on the TecDAX were SLM Solutions Group AG (DE: AM3D ) which rose 4.46% to 9.14, Nordex SE O.N. (DE: NDXG ) which was up 3.26% to settle at 13.600 and Aixtron SE NA O.N. (DE: AIXGn ) which gained 3.03% to close at 10.5500.

The worst performers were Drillisch AG (DE: DRIG ) which was down 11.35% to 27.800 in late trade, United Internet AG NA (DE: UTDI ) which lost 6.29% to settle at 31.610 and Freenet AG NA (DE: FNTGn ) which was down 1.45% to 20.350 at the close.

Advancing stocks outnumbered falling ones by 405 to 285 and 88 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 4.22% to 17.04.

In commodities trading, Gold Futures for June delivery was up 0.16% or 2.05 to $1298.35 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.34% or 0.21 to hit $61.99 a barrel, while the July Brent oil contract rose 0.81% or 0.58 to trade at $71.82 a barrel.

EUR/USD was up 0.03% to 1.1206, while EUR/GBP rose 0.36% to 0.8716.

The US Dollar Index Futures was up 0.02% at 97.343.

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