Investing.com – Germany equities were higher at the close on Wednesday, as gains in the Retail, Software and Food & Beverages sectors propelled shares higher.
At the close in Frankfurt, the DAX added 1.00% to hit a new all time high, while the MDAX index gained 1.29%, and the TecDAX index climbed 1.14%.
The biggest gainers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 8.21% or 2.52 points to trade at 33.23 at the close. SAP SE (ETR:SAPG) added 3.76% or 8.75 points to end at 241.70 and Daimler Truck Holding AG (ETR:DTGGe) was up 3.33% or 1.18 points to 36.63 in late trade.
Biggest losers included Heidelberg Materials AG (ETR:HEIG), which lost 2.46% or 3.05 points to trade at 120.80 in late trade. RWE AG ST O.N. (ETR:RWEG) declined 2.30% or 0.73 points to end at 30.97 and Deutsche Post AG NA O.N. (ETR:DHLn) shed 1.00% or 0.35 points to 34.73.
The top performers on the MDAX were Hugo Boss AG NA O.N. (ETR:BOSSn) which rose 9.75% to 37.95, Befesa SA (ETR:BFSA) which was up 4.07% to settle at 22.00 and Stabilus (ETR:STM1) which gained 3.98% to close at 34.00.
The worst performers were CTS Eventim AG (ETR:EVDG) which was down 2.83% to 84.20 in late trade, Lanxess AG (ETR:LXSG) which lost 2.39% to settle at 25.77 and Deutsche Lufthansa AG (ETR:LHAG) which was down 1.84% to 6.29 at the close.
The top performers on the TecDAX were SUSS MicroTec SE (ETR:SMHNn) which rose 6.93% to 50.90, Elmos Semiconductor AG (ETR:ELGG) which was up 6.69% to settle at 63.80 and SMA Solar Technology AG (ETR:S92G) which gained 6.02% to close at 13.39.
The worst performers were CompuGroup Medical AG O.N. (ETR:COP1n) which was down 9.17% to 15.35 in late trade, Nagarro SE (ETR:NA9n) which lost 2.64% to settle at 90.25 and Nordex SE O.N. (ETR:NDXG) which was down 1.31% to 11.26 at the close.
Advancing stocks outnumbered falling ones by 372 to 261 and 27 ended unchanged on the Frankfurt Stock Exchange.
The DAX volatility index, which measures the implied volatility of DAX options, was down 4.24% to 14.23 a new 1-month low.
In commodities trading, Gold Futures for February delivery was up 0.25% or 6.75 to $2,674.65 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.84% or 0.59 to hit $69.35 a barrel, while the February Brent oil contract fell 0.73% or 0.54 to trade at $73.08 a barrel.
EUR/USD was unchanged 0.18% to 1.05, while EUR/GBP unchanged 0.10% to 0.83.
The US Dollar Index Futures was down 0.16% at 106.17.