Germany shares higher at close of trade; DAX up 1.17%

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Germany shares higher at close of trade; DAX up 1.17%
Credit: © Reuters.

Investing.com – Germany equities were higher at the close on Wednesday, as gains in the Technology , Utilities and Media sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 1.17%, while the MDAX index climbed 1.38%, and the TecDAX index climbed 2.38%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (DE: CBKG ), which rose 3.66% or 0.448 points to trade at 12.672 at the close. RWE AG ST O.N. (DE: RWEG ) added 3.25% or 0.510 points to end at 16.185 and Prosiebensat 1 Media AG (DE: PSMGn ) was up 3.09% or 0.910 points to 30.380 in late trade.

Biggest losers included Thyssenkrupp AG O.N. (DE: TKAG ), which lost 0.69% or 0.160 points to trade at 22.940 in late trade. Deutsche Telekom AG Na (DE: DTEGn ) added 0.42% or 0.055 points to end at 13.070 and Heidelbergcement AG O.N. (DE: HEIG ) gained 0.58% or 0.480 points to 82.880.

The top performers on the MDAX were Bilfinger SE O.N. (DE: GBFG ) which rose 5.42% to 36.160, Krones AG O.N. (DE: KRNG ) which was up 3.83% to settle at 111.200 and Gerresheimer AG (BS: GXId ) which gained 3.71% to close at 67.700.

The worst performers were Steinhoff International Holdings NV (DE: SNHG ) which was down 1.68% to 0.36 in late trade, Norma Group AG NA O.N. (DE: NOEJ ) which lost 0.86% to settle at 57.350 and Wacker Chemie O.N. (DE: WCHG ) which was down 0.61% to 139.15 at the close.

The top performers on the TecDAX were Aixtron SE (DE: AIXGn ) which rose 8.17% to 11.850, Siltronic AG (DE: WAFGn ) which was up 7.96% to settle at 116.700 and S&T AG (F: SANT1 ) which gained 4.76% to close at 20.920.

The worst performers were GFT Technologies AG (DE: GFTG ) which was down 2.40% to 11.370 in late trade, RIB Software AG Na (DE: RIB ) which lost 1.65% to settle at 23.800 and Nordex SE O.N. (DE: NDXG ) which was down 0.49% to 10.200 at the close.

Advancing stocks outnumbered falling ones by 533 to 206 and 64 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 18.88% to 20.63.

In commodities trading, Gold Futures for April delivery was up 1.47% or 19.50 to $1349.90 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.32% or 0.19 to hit $59.38 a barrel, while the April Brent oil contract rose 0.51% or 0.32 to trade at $63.04 a barrel.

EUR/USD was up 0.30% to 1.2389, while EUR/GBP fell 0.18% to 0.8876.

The US Dollar Index Futures was down 0.35% at 89.29.

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