Germany shares higher at close of trade; DAX up 0.17%

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Germany shares higher at close of trade; DAX up 0.17%
Credit: © Reuters. – Germany equities were higher at the close on Wednesday, as gains in the Technology , Software and Telecoms sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 0.17%, while the MDAX index climbed 0.56%, and the TecDAX index added 0.59%.

The biggest gainers of the session on the DAX were Infineon Technologies AG NA O.N. (DE: IFXGn ), which rose 1.76% or 0.335 points to trade at 19.420 at the close. SAP SE (DE: SAPG ) added 1.67% or 1.500 points to end at 91.330 and Bayer AG NA (DE: BAYGN ) was up 1.09% or 1.20 points to 111.15 in late trade.

Biggest losers included Commerzbank AG O.N. (DE: CBKG ), which lost 2.81% or 0.305 points to trade at 10.530 in late trade. Siemens AG Class N (DE: SIEGn ) declined 1.14% or 1.35 points to end at 116.60 and Deutsche Boerse AG (DE: DB1Gn ) shed 0.76% or 0.720 points to 93.960.

The top performers on the MDAX were Rheinmetall AG (DE: RHMG ) which rose 2.79% to 88.830, Evonik Industries AG (DE: EVKn ) which was up 2.74% to settle at 29.650 and Alstria Office Reit-Ag (DE: AOXG ) which gained 2.30% to close at 12.245.

The worst performers were Zalando SE (DE: ZALG ) which was down 3.52% to 37.83 in late trade, Suedzucker AG (DE: SZUG ) which lost 1.50% to settle at 18.035 and Kion Group AG (DE: KGX ) which was down 1.21% to 68.54 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE: S92G ) which rose 3.42% to 32.045, Siltronic AG (DE: WAFGn ) which was up 2.44% to settle at 87.260 and Slm Solution G (DE: AM3D ) which gained 2.14% to close at 38.21.

The worst performers were Evotec AG O.N. (DE: EVTG ) which was down 7.13% to 12.300 in late trade, Pfeiffer Vacuum Technology O.N. (DE: PV ) which lost 0.62% to settle at 135.40 and Wirecard AG (DE: WDIG ) which was down 0.47% to 63.700 at the close.

Advancing stocks outnumbered falling ones by 503 to 253 and 30 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 0.12% to 13.50.

In commodities trading, Gold Futures for August delivery was down 0.12% or 1.54 to $1240.36 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.36% or 0.63 to hit $47.03 a barrel, while the September Brent oil contract rose 1.39% or 0.68 to trade at $49.52 a barrel.

EUR/USD was down 0.31% to 1.1518, while EUR/GBP fell 0.24% to 0.8838.

The US Dollar Index Futures was up 0.14% at 94.58.

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