Investing.com – Germany equities were higher at the close on Wednesday, as gains in the Retail, Financial Services and Food & Beverages sectors propelled shares higher.
At the close in Frankfurt, the DAX gained 0.99%, while the MDAX index climbed 1.38%, and the TecDAX index added 1.08%.
The biggest gainers of the session on the DAX were Vonovia SE (ETR:VNAn), which rose 4.11% or 1.12 points to trade at 28.35 at the close. Dr Ing hc F Porsche AG Preferred (ETR:P911_p) added 3.66% or 2.66 points to end at 75.24 and Bayer AG NA (ETR:BAYGN) was up 3.06% or 0.78 points to 26.13 in late trade.
Biggest losers included Covestro AG (ETR:1COV), which lost 1.23% or 0.68 points to trade at 54.64 in late trade. BASF SE NA O.N. (ETR:BASFN) declined 1.20% or 0.53 points to end at 43.67 and MTU Aero Engines NA O.N. (ETR:MTXGn) shed 1.00% or 2.50 points to 246.70.
The top performers on the MDAX were Delivery Hero AG (ETR:DHER) which rose 9.21% to 20.99, Aroundtown Property Holdings PLC (ETR:AT1) which was up 7.26% to settle at 2.14 and Hensoldt Ag (ETR:HAGG) which gained 6.08% to close at 36.96.
The worst performers were Stabilus (ETR:STM1) which was down 3.10% to 43.75 in late trade, Evonik Industries AG (ETR:EVKn) which lost 1.43% to settle at 18.95 and Hugo Boss AG NA O.N. (ETR:BOSSn) which was down 1.25% to 39.38 at the close.
The top performers on the TecDAX were Hensoldt Ag (ETR:HAGG) which rose 6.08% to 36.96, Aixtron SE (ETR:AIXGn) which was up 6.04% to settle at 21.76 and United Internet AG NA (ETR:UTDI) which gained 3.54% to close at 21.06.
The worst performers were CompuGroup Medical AG O.N. (ETR:COP1n) which was down 4.63% to 15.45 in late trade, Nagarro SE (ETR:NA9n) which lost 0.54% to settle at 74.10 and Atoss Software AG (ETR:AOFG) which was down 0.53% to 112.20 at the close.
Advancing stocks outnumbered falling ones by 373 to 236 and 40 ended unchanged on the Frankfurt Stock Exchange.
The DAX volatility index, which measures the implied volatility of DAX options, was up 7.48% to 13.56.
In commodities trading, Gold Futures for August delivery was up 0.79% or 18.75 to $2,386.65 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.22% or 0.99 to hit $82.40 a barrel, while the September Brent oil contract rose 0.89% or 0.75 to trade at $85.41 a barrel.
EUR/USD was unchanged 0.11% to 1.08, while EUR/GBP unchanged 0.37% to 0.84.
The US Dollar Index Futures was down 0.08% at 104.72.