Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Software, Media and Technology sectors led shares higher.
At the close in Frankfurt, the DAX added 1.49%, while the MDAX index added 1.12%, and the TecDAX index gained 0.95%.
The best performers of the session on the DAX were Heidelbergcement AG O.N. (ETR:HEIG), which rose 4.44% or 4.22 points to trade at 99.36 at the close. Meanwhile, Siemens Energy AG (ETR:ENR1n) added 3.53% or 0.82 points to end at 24.03 and SAP SE (ETR:SAPG) was up 3.42% or 6.00 points to 181.40 in late trade.
The worst performers of the session were Porsche Automobil Holding SE (ETR:PSHG_p), which fell 7.18% or 3.53 points to trade at 45.66 at the close. Sartorius AG VZO O.N. (ETR:SATG_p) declined 1.76% or 4.40 points to end at 245.10 and Volkswagen AG VZO O.N. (ETR:VOWG_p) was down 1.48% or 1.65 points to 109.55.
The top performers on the MDAX were Tag Immobilien AG (ETR:TEGG) which rose 4.21% to 13.85, CTS Eventim AG (ETR:EVDG) which was up 4.04% to settle at 81.20 and Aroundtown Property Holdings PLC (ETR:AT1) which gained 3.89% to close at 1.99.
The worst performers were Stabilus (ETR:STM1) which was down 15.79% to 48.00 in late trade, United Internet AG NA (ETR:UTDI) which lost 1.76% to settle at 21.20 and Hensoldt Ag (ETR:HAGG) which was down 1.67% to 34.14 at the close.
The top performers on the TecDAX were Suess Microtec NA O.N. (ETR:SMHNn) which rose 4.59% to 63.80, SAP SE (ETR:SAPG) which was up 3.42% to settle at 181.40 and SMA Solar Technology AG (ETR:S92G) which gained 2.80% to close at 44.76.
The worst performers were 11 AG (ETR:1U1) which was down 2.57% to 16.66 in late trade, United Internet AG NA (ETR:UTDI) which lost 1.76% to settle at 21.20 and Sartorius AG VZO O.N. (ETR:SATG_p) which was down 1.76% to 245.10 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 368 to 244 and 45 ended unchanged.
Shares in Stabilus (ETR:STM1) fell to 52-week lows; losing 15.79% or 9.00 to 48.00. Shares in Suess Microtec NA O.N. (ETR:SMHNn) rose to all time highs; up 4.59% or 2.80 to 63.80.
The DAX volatility index, which measures the implied volatility of DAX options, was up 4.59% to 14.59 a new 1-month high.
Gold Futures for August delivery was up 1.04% or 24.25 to $2,350.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.58% or 0.45 to hit $78.35 a barrel, while the August Brent oil contract rose 0.57% or 0.47 to trade at $82.39 a barrel.
EUR/USD was up 1.00% to 1.08, while EUR/GBP unchanged 0.17% to 0.84.
The US Dollar Index Futures was down 1.23% at 103.90.