Investing.com – Germany equities were higher at the close on Wednesday, as gains in the Basic Resources, Utilities and Construction sectors propelled shares higher.
At the close in Frankfurt, the DAX gained 0.04% to hit a new 1-month high, while the MDAX index added 0.56%, and the TecDAX index climbed 0.60%.
The biggest gainers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 2.89% or 0.610 points to trade at 21.690 at the close. Deutsche Post AG NA O.N. (DE:DPWGn) added 1.48% or 0.550 points to end at 37.760 and Thyssenkrupp AG O.N. (DE:TKAG) was up 1.41% or 0.320 points to 23.040 in late trade.
Biggest losers included Continental AG O.N. (DE:CONG), which lost 4.05% or 9.20 points to trade at 217.80 in late trade. Commerzbank AG O.N. (DE:CBKG) declined 1.73% or 0.188 points to end at 10.684 and Infineon Technologies AG NA O.N. (DE:IFXGn) shed 1.22% or 0.270 points to 21.880.
The top performers on the MDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 7.95% to 0.18, Aurubis AG (DE:NAFG) which was up 6.62% to settle at 74.420 and Salzgitter AG (DE:SZGG) which gained 2.62% to close at 45.410.
The worst performers were Suedzucker AG (DE:SZUG) which was down 2.44% to 13.995 in late trade, Osram Licht AG (F:OSRn) which lost 1.73% to settle at 58.980 and Duerr AG (DE:DUEG) which was down 1.62% to 88.800 at the close.
The top performers on the TecDAX were Adva Optical Networking SE (DE:ADAG) which rose 7.52% to 6.150, RIB Software AG Na (DE:RIB) which was up 4.68% to settle at 22.820 and S&T AG (F:SANT1) which gained 4.41% to close at 21.320.
The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 4.00% to 14.880 in late trade, Draegerwerk VZO O.N. (DE:DRWG_p) which lost 3.55% to settle at 66.600 and Telefonica Deutschland Holding AG (DE:O2Dn) which was down 2.93% to 3.782 at the close.
Advancing stocks outnumbered falling ones by 408 to 284 and 88 ended unchanged on the Frankfurt Stock Exchange.
The DAX volatility index, which measures the implied volatility of DAX options, was down 1.21% to 14.71 a new 1-month low.
In commodities trading, Gold Futures for June delivery was up 0.35% or 4.70 to $1354.20 a troy ounce. Meanwhile, Crude oil for delivery in May rose 1.97% or 1.31 to hit $67.83 a barrel, while the June Brent oil contract rose 1.70% or 1.22 to trade at $72.80 a barrel.
EUR/USD was up 0.06% to 1.2378, while EUR/GBP rose 0.55% to 0.8707.
The US Dollar Index Futures was up 0.12% at 89.33.