Germany shares higher at close of trade; DAX up 0.93%

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Germany shares higher at close of trade; DAX up 0.93%
Credit: © Reuters. – Germany equities were higher at the close on Wednesday, as gains in the Food & Beverages , Pharmaceuticals & Healthcare and Financial Services sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.93%, while the MDAX index added 0.29%, and the TecDAX index added 0.65%.

The biggest gainers of the session on the DAX were Merck KGaA (DE: MRCG ), which rose 3.94% or 3.36 points to trade at 88.62 at the close. Bayer AG NA (DE: BAYGN ) added 3.91% or 3.86 points to end at 102.70 and Vonovia SE (DE: VNAn ) was up 2.75% or 1.09 points to 40.79 in late trade.

Biggest losers included Deutsche Lufthansa AG (DE: LHAG ), which lost 2.11% or 0.510 points to trade at 23.660 in late trade. Heidelbergcement AG O.N. (DE: HEIG ) declined 0.68% or 0.520 points to end at 75.820 and Daimler AG NA O.N. (DE: DAIGn ) shed 0.51% or 0.320 points to 62.870.

The top performers on the MDAX were Rocket Internet (DE: RKET ) which rose 3.91% to 23.90, Metro Wholesale & Food Specialist AG (DE: B4B ) which was up 2.21% to settle at 11.8100 and Hochtief AG (DE: HOTG ) which gained 1.99% to close at 154.00.

The worst performers were Prosiebensat 1 Media AG (DE: PSMGn ) which was down 3.23% to 25.1400 in late trade, Wacker Chemie O.N. (DE: WCHG ) which lost 2.78% to settle at 141.50 and Jungheinrich AG O.N.VZO (DE: JUNG_p ) which was down 0.93% to 33.920 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE: S92G ) which rose 6.01% to 54.700, S&T AG (F: SANT1 ) which was up 3.52% to settle at 20.320 and RIB Software AG Na (DE: RIB ) which gained 3.00% to close at 21.320.

The worst performers were Aixtron SE (DE: AIXGn ) which was down 4.30% to 12.920 in late trade, Sartorius AG VZO O.N. (DE: SATG_p ) which lost 2.13% to settle at 128.500 and Carl Zeiss Meditec AG (DE: AFXG ) which was down 2.09% to 58.700 at the close.

Advancing stocks outnumbered falling ones by 429 to 278 and 78 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 7.93% to 17.63.

In commodities trading, Gold Futures for June delivery was up 0.25% or 3.30 to $1302.30 a troy ounce. Meanwhile, Crude oil for delivery in July rose 2.40% or 1.60 to hit $68.33 a barrel, while the August Brent oil contract rose 2.70% or 2.04 to trade at $77.53 a barrel.

EUR/USD was up 1.05% to 1.1657, while EUR/GBP rose 0.78% to 0.8775.

The US Dollar Index Futures was down 0.79% at 94.06.

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