Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Financial Services, Media and Utilities sectors led shares higher.
At the close in Frankfurt, the DAX added 0.71% to hit a new 6-months high, while the MDAX index added 1.19%, and the TecDAX index climbed 0.89%.
The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 2.76% or 1.19 points to trade at 44.31 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 2.67% or 0.180 points to end at 6.932 and Bayerische Motoren Werke AG (DE:BMWG) was up 1.96% or 1.280 points to 66.610 in late trade.
The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 1.60% or 2.00 points to trade at 122.90 at the close. Infineon Technologies AG NA O.N. (DE:IFXGn) declined 0.89% or 0.144 points to end at 15.972 and Covestro AG (DE:1COV) was down 0.73% or 0.320 points to 43.810.
The top performers on the MDAX were Osram Licht AG (DE:OSRn) which rose 11.51% to 32.25, Stroeer SE (DE:SAXG) which was up 6.12% to settle at 68.500 and Fielmann AG (DE:FIEG) which gained 4.16% to close at 66.300.
The worst performers were Siltronic AG (DE:WAFGn) which was down 5.36% to 62.500 in late trade, Duerr AG (DE:DUEG) which lost 3.39% to settle at 29.660 and Norma Group AG NA O.N. (DE:NOEJ) which was down 1.97% to 34.800 at the close.
The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 15.80% to 14.220, SLM Solutions Group AG (DE:AM3D) which was up 9.60% to settle at 13.70 and RIB Software AG Na (DE:RIB) which gained 3.00% to close at 18.540.
The worst performers were Siltronic AG (DE:WAFGn) which was down 5.36% to 62.500 in late trade, Jenoptik AG (DE:JENGn) which lost 1.81% to settle at 27.050 and Medigene NA O.N. (DE:MDG1k) which was down 1.39% to 7.075 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 465 to 203 and 86 ended unchanged.
Shares in Stroeer SE (DE:SAXG) rose to all time highs; gaining 6.12% or 3.950 to 68.500. Shares in Fielmann AG (DE:FIEG) rose to 52-week highs; up 4.16% or 2.650 to 66.300. Shares in Medigene NA O.N. (DE:MDG1k) fell to 52-week lows; falling 1.39% or 0.100 to 7.075.
The DAX volatility index, which measures the implied volatility of DAX options, was down 2.23% to 12.71 a new 1-month low.
Gold Futures for August delivery was up 0.93% or 13.05 to $1421.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.10% or 0.62 to hit $56.87 a barrel, while the September Brent oil contract rose 1.67% or 1.04 to trade at $63.44 a barrel.
EUR/USD was down 0.02% to 1.1281, while EUR/GBP rose 0.17% to 0.8973.
The US Dollar Index Futures was up 0.06% at 96.330.