Investing.com – Germany equities were higher at the close on Wednesday, as gains in the Utilities, Media and Basic Resources sectors propelled shares higher.
At the close in Frankfurt, the DAX gained 0.54% to hit a new 52-week high, while the MDAX index added 0.72%, and the TecDAX index climbed 0.33%.
The biggest gainers of the session on the DAX were E.ON SE NA (DE:EONGn), which rose 4.85% or 0.324 points to trade at 7.003 at the close. RWE AG ST O.N. (DE:RWEG) added 3.51% or 0.415 points to end at 12.225 and Volkswagen AG VZO O.N. (DE:VOWG_p) was up 3.39% or 4.950 points to 151.000 in late trade.
Biggest losers included Fresenius Medical Care KGAA ST (DE:FMEG), which lost 1.10% or 0.850 points to trade at 76.100 in late trade. Beiersdorf AG O.N. (DE:BEIG) declined 0.88% or 0.710 points to end at 80.280 and Lufthansa AG VNA O.N. (DE:LHAG) shed 0.51% or 0.060 points to 11.600.
The top performers on the MDAX were Leoni AG (DE:LEOGn) which rose 3.55% to 37.730, Salzgitter AG (DE:SZGG) which was up 3.31% to settle at 35.410 and Lanxess AG (DE:LXSG) which gained 3.08% to close at 65.560.
The worst performers were Hugo Boss AG NA O.N. (DE:BOSSn) which was down 2.02% to 56.130 in late trade, Kion Group AG (DE:KGX) which lost 0.70% to settle at 51.27 and DMG Mori AG (DE:GILG) which was down 0.47% to 43.600 at the close.
The top performers on the TecDAX were Alix Resources Corp (F:37N2) which rose 25.00% to 0.045, United Internet AG NA (DE:UTDI) which was up 2.02% to settle at 39.115 and Dialog Semiconductor (DE:DLGS) which gained 1.72% to close at 42.200.
The worst performers were RIB Software AG Na (DE:RIB) which was down 1.71% to 12.375 in late trade, Nordex SE O.N. (DE:NDXG) which lost 1.48% to settle at 20.590 and Software AG O.N. (DE:SOWG) which was down 1.23% to 33.675 at the close.
Advancing stocks outnumbered falling ones by 467 to 270 and 39 ended unchanged on the Frankfurt Stock Exchange.
The DAX volatility index, which measures the implied volatility of DAX options, was up 2.09% to 15.36.
In commodities trading, Gold for February delivery was down 0.21% or 2.45 to $1183.05 a troy ounce. Meanwhile, Crude oil for delivery in February rose 3.19% or 1.62 to hit $52.44 a barrel, while the March Brent oil contract rose 3.24% or 1.74 to trade at $55.38 a barrel.
EUR/USD was down 0.55% to 1.0498, while EUR/GBP fell 0.15% to 0.8655.
The US Dollar Index was up 0.44% at 102.46.