Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Food & Beverages, Financial Services and Telecoms sectors led shares higher.
At the close in Frankfurt, the DAX gained 0.49% to hit a new all time high, while the MDAX index climbed 0.31%, and the TecDAX index gained 0.08%.
The best performers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 4.18% or 1.06 points to trade at 26.42 at the close. Meanwhile, Vonovia SE (ETR:VNAn) added 3.62% or 0.66 points to end at 18.91 and Symrise AG Inh. O.N. (ETR:SY1G) was up 2.16% or 1.96 points to 92.72 in late trade.
The worst performers of the session were MTU Aero Engines NA O.N. (ETR:MTXGn), which fell 1.74% or 4.00 points to trade at 226.30 at the close. Henkel & Co KGaA AG Pref (ETR:HNKG_p) declined 1.30% or 0.98 points to end at 74.20 and Rheinmetall AG (ETR:RHMG) was down 1.05% or 2.60 points to 245.30.
The top performers on the MDAX were Duerr AG (ETR:DUEG) which rose 4.89% to 31.74, Aurubis AG (ETR:NAFG) which was up 4.67% to settle at 83.84 and Aroundtown Property Holdings PLC (ETR:AT1) which gained 4.46% to close at 1.14.
The worst performers were K&S AG (ETR:SDFGn) which was down 4.75% to 15.14 in late trade, Wacker Chemie O.N. (ETR:WCHG) which lost 3.95% to settle at 121.55 and Hensoldt Ag (ETR:HAGG) which was down 2.76% to 28.14 at the close.
The top performers on the TecDAX were ADTRAN Holdingsa Inc (ETR:QH9) which rose 3.18% to 9.73, Verbio Vereinigte Bioenergie AG (ETR:VBKG) which was up 2.93% to settle at 41.84 and Deutsche Telekom AG Na (ETR:DTEGn) which gained 1.27% to close at 19.14.
The worst performers were CompuGroup Medical AG O.N. (ETR:COP1n) which was down 5.84% to 45.12 in late trade, Morphosys AG O.N. (ETR:MORG) which lost 5.65% to settle at 25.56 and Hensoldt Ag (ETR:HAGG) which was down 2.76% to 28.14 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 396 to 267 and 80 ended unchanged.
The DAX volatility index, which measures the implied volatility of DAX options, was down 2.03% to 14.01 a new 3-years low.
Gold Futures for August delivery was up 0.52% or 10.20 to $1,968.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.40% or 0.28 to hit $69.14 a barrel, while the August Brent oil contract fell 0.39% or 0.29 to trade at $74.00 a barrel.
EUR/USD was up 0.63% to 1.09, while EUR/GBP unchanged 0.01% to 0.86.
The US Dollar Index Futures was down 0.63% at 102.28.