Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Food & Beverages, Technology and Retail sectors led shares higher.
At the close in Frankfurt, the DAX gained 0.33% to hit a new 1-month high, while the MDAX index added 0.34%, and the TecDAX index gained 0.81%.
The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 1.97% or 0.240 points to trade at 12.435 at the close. Meanwhile, Adidas AG NA O.N. (DE:ADSGN) added 1.78% or 1.800 points to end at 103.150 and Henkel AG & Co Kgaa Vzo (DE:HNKG_p) was up 1.72% or 1.650 points to 97.750 in late trade.
The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 2.87% or 0.480 points to trade at 16.225 at the close. K+S AG NA O.N. (DE:SDFGn) declined 2.02% or 0.435 points to end at 21.120 and Commerzbank AG O.N. (DE:CBKG) was down 1.98% or 0.160 points to 7.921.
The top performers on the MDAX were Hochtief AG (DE:HOTG) which rose 2.39% to 107.200, Suedzucker Mannheim Ochsenfurt AG (DE:SZUG) which was up 2.25% to settle at 15.225 and Kuka AG (DE:KU2G) which gained 2.14% to close at 90.620.
The worst performers were Leoni AG NA O.N. (DE:LEOGn) which was down 7.14% to 29.250 in late trade, Norma Group AG NA O.N. (DE:NOEJ) which lost 2.68% to settle at 48.720 and Aareal Bank AG (DE:ARLG) which was down 2.41% to 28.800 at the close.
The top performers on the TecDAX were Aixtron SE NA O.N. (DE:AIXGn) which rose 15.99% to 4.141, Pfeiffer Vacuum Technology O.N. (DE:PV) which was up 8.79% to settle at 100.950 and SMA Solar Technology AG (DE:S92G) which gained 6.04% to close at 42.150.
The worst performers were BB Biotech AG (DE:BIONn) which was down 3.03% to 208.000 in late trade, Nordex SE O.N. (DE:NDXG) which lost 3.01% to settle at 22.740 and PSI AG F.Pr.U.Sys. NA (DE:PSAGn) which was down 2.27% to 13.805 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 467 to 363 and 44 ended unchanged.
Shares in Adidas AG NA O.N. (DE:ADSGN) rose to all time highs; rising 1.78% or 1.800 to 103.150. Shares in Hochtief AG (DE:HOTG) rose to all time highs; up 2.39% or 2.500 to 107.200. Shares in Kuka AG (DE:KU2G) rose to all time highs; rising 2.14% or 1.900 to 90.620.
The DAX volatility index, which measures the implied volatility of DAX options, was down 0.05% to 20.16.
Gold for April delivery was down 1.99% or 24.80 to $1223.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 3.09% or 1.28 to hit $40.17 a barrel, while the May Brent oil contract fell 2.44% or 1.02 to trade at $40.77 a barrel.
EUR/USD was down 0.38% to 1.1174, while EUR/GBP rose 0.41% to 0.7927.
The US Dollar Index was up 0.50% at 96.15.