Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Utilities, Technology and Consumer & Cyclical sectors led shares higher.
At the close in Frankfurt, the DAX rose 2.22%, while the MDAX index gained 1.98%, and the TecDAX index gained 1.98%.
The best performers of the session on the DAX were Lufthansa AG VNA O.N. (XETRA:LHAG), which rose 6.24% or 0.730 points to trade at 12.425 at the close. Meanwhile, Infineon Technologies AG NA O.N. (XETRA:IFXGn) added 5.21% or 0.498 points to end at 10.055 and E.ON SE NA (XETRA:EONGn) was up 4.93% or 0.361 points to 7.677 in late trade.
The worst performers of the session were Thyssenkrupp AG O.N. (XETRA:TKAG), which rose 0.42% or 0.065 points to trade at 15.680 at the close. Fresenius SE & Co KGAA O.N. (XETRA:FREG) added 0.84% or 0.500 points to end at 60.000 and Lanxess AG (XETRA:LXSG) was up 1.04% or 0.430 points to 41.815.
The top performers on the MDAX were GEA Group AG (XETRA:G1AG) which rose 5.88% to 34.035, Rheinmetall AG (XETRA:RHMG) which was up 4.64% to settle at 54.780 and Metro AG ST O.N. (XETRA:MEOG) which gained 4.46% to close at 24.690.
The worst performers were Gagfah SA Nom. (XETRA:GFJG) which was down 0.65% to 15.400 in late trade, Axel Springer SE (XETRA:SPRGn) which lost 0.54% to settle at 49.920 and LEG Immobilien AG (XETRA:LEGn) which was down 0.53% to 73.810 at the close.
The top performers on the TecDAX were SMA Solar Technology AG (XETRA:S92G) which rose 7.25% to 38.620, LPKF Laser & Electronics (XETRA:LPKG) which was up 6.08% to settle at 8.336 and Nemetschek AG O.N. (XETRA:NEKG) which gained 6.06% to close at 33.600.
The worst performers were Dialog Semiconductor (XETRA:DLGS) which was down 1.73% to 35.770 in late trade, Draegerwerk VZO O.N. (XETRA:DRWG_p) which lost 0.44% to settle at 75.270 and PSI AG F.Pr.U.Sys. NA (XETRA:PSAGn) which was down 0.37% to 12.000 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 557 to 120 and 39 ended unchanged.
Shares in SMA Solar Technology AG (XETRA:S92G) rose to 52-week highs; rising 7.25% or 2.610 to 38.620.
The DAX volatility index, which measures the implied volatility of DAX options, was down 2.45% to 27.50.
Gold for December delivery was down 1.11% or 12.50 to $1114.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.22% or 0.10 to hit $45.33 a barrel, while the November Brent oil contract rose 0.55% or 0.27 to trade at $48.49 a barrel.
EUR/USD was down 0.70% to 1.1171, while EUR/GBP fell 0.55% to 0.7386.
The US Dollar Index was up 0.43% at 96.47.