Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Technology, Chemicals and Transportation & Logistics sectors led shares higher.
At the close in Frankfurt, the DAX added 1.70% to hit a new 3-months high, while the MDAX index gained 1.62%, and the TecDAX index climbed 1.93%.
The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 4.39% or 0.828 points to trade at 19.676 at the close. Meanwhile, Covestro AG (DE:1COV) added 3.64% or 1.860 points to end at 53.020 and BASF SE NA O.N. (DE:BASFN) was up 3.26% or 2.190 points to 69.370 in late trade.
The worst performers of the session were Merck KGaA (DE:MRCG), which fell 0.20% or 0.20 points to trade at 101.10 at the close. Beiersdorf AG O.N. (DE:BEIG) declined 0.17% or 0.160 points to end at 93.060 and Wirecard AG (DE:WDIG) was up 0.09% or 0.100 points to 108.100.
The top performers on the MDAX were United Internet AG NA (DE:UTDI) which rose 6.21% to 35.580, Wacker Chemie O.N. (DE:WCHG) which was up 6.04% to settle at 81.29 and Prosiebensat 1 Media AG (DE:PSMGn) which gained 5.62% to close at 13.7150.
The worst performers were Deutsche Wohnen AG (DE:DWNG) which was down 1.16% to 42.430 in late trade, Carl Zeiss Meditec AG (DE:AFXG) which lost 1.01% to settle at 73.850 and Tag Immobilien AG (DE:TEGG) which was down 0.46% to 21.760 at the close.
The top performers on the TecDAX were United Internet AG NA (DE:UTDI) which rose 6.21% to 35.580, SMA Solar Technology AG (DE:S92G) which was up 5.79% to settle at 20.280 and Drillisch AG (DE:DRIG) which gained 5.26% to close at 34.000.
The worst performers were SLM Solutions Group AG (DE:AM3D) which was down 3.37% to 9.47 in late trade, Carl Zeiss Meditec AG (DE:AFXG) which lost 1.01% to settle at 73.850 and Wirecard AG (DE:WDIG) which was up 0.09% to 108.100 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 498 to 195 and 86 ended unchanged.
The DAX volatility index, which measures the implied volatility of DAX options, was down 3.56% to 14.37.
Gold Futures for June delivery was down 0.01% or 0.15 to $1295.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.42% or 0.26 to hit $62.32 a barrel, while the June Brent oil contract fell 0.56% or 0.39 to trade at $68.98 a barrel.
EUR/USD was up 0.40% to 1.1246, while EUR/GBP rose 0.13% to 0.8539.
The US Dollar Index Futures was down 0.35% at 96.588.