Germany shares higher at close of trade; DAX up 1.53%

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Germany shares higher at close of trade; DAX up 1.53%
Credit: © Reuters. – Germany equities were higher at the close on Wednesday, as gains in the Technology , Industrials and Construction sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 1.53%, while the MDAX index climbed 2.22%, and the TecDAX index added 2.64%.

The biggest gainers of the session on the DAX were Wirecard AG (DE: WDIG ), which rose 3.87% or 6.150 points to trade at 165.100 at the close. Infineon Technologies AG NA O.N. (DE: IFXGn ) added 4.07% or 0.695 points to end at 17.765 and Heidelbergcement AG O.N. (DE: HEIG ) was up 3.53% or 2.050 points to 60.150 in late trade.

Biggest losers included Deutsche Post AG NA O.N. (DE: DPWGn ), which lost 2.43% or 0.695 points to trade at 27.865 in late trade. Fresenius SE & Co KGAA O.N. (DE: FREG ) declined 1.26% or 0.720 points to end at 56.340 and Vonovia SE (DE: VNAn ) shed 0.05% or 0.02 points to 40.36.

The top performers on the MDAX were Delivery Hero AG (DE: DHER ) which rose 7.26% to 35.74, Sartorius AG VZO O.N. (DE: SATG_p ) which was up 5.45% to settle at 127.600 and Airbus Group SE (DE: AIRG ) which gained 5.00% to close at 98.34.

The worst performers were Telefonica Deutschland Holding AG (DE: O2Dn ) which was down 4.38% to 3.452 in late trade, Fuchs Petrolub AG VZO Pref (DE: FPEG_p ) which lost 1.37% to settle at 40.950 and LEG Immobilien AG (DE: LEGn ) which was down 0.92% to 96.520 at the close.

The top performers on the TecDAX were Dialog Semiconductor (DE: DLGS ) which rose 10.15% to 23.4500, Aixtron SE NA O.N. (DE: AIXGn ) which was up 8.14% to settle at 11.1550 and Shop Apotheke Europe NV (DE: SAEG ) which gained 6.64% to close at 45.000.

The worst performers were Steinhoff International Holdings NV (DE: SNHG ) which was down 4.66% to 0.11 in late trade, Tele Columbus AG (DE: TC1n ) which lost 3.51% to settle at 3.17 and Suedzucker AG (DE: SZUG ) which was down 0.22% to 13.630 at the close.

Advancing stocks outnumbered falling ones by 559 to 127 and 25 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 0.04% to 22.47.

In commodities trading, Gold Futures for December delivery was down 0.47% or 5.80 to $1216.80 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.23% or 0.15 to hit $66.33 a barrel, while the January Brent oil contract rose 0.41% or 0.31 to trade at $76.22 a barrel.

EUR/USD was down 0.22% to 1.1319, while EUR/GBP fell 0.64% to 0.8871.

The US Dollar Index Futures was up 0.06% at 96.85.

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