Investing.com – Germany equities were higher at the close on Wednesday, as gains in the Consumer & Cyclical, Chemicals and Utilities sectors propelled shares higher.
At the close in Frankfurt, the DAX gained 0.51%, while the MDAX index climbed 0.69%, and the TecDAX index climbed 0.14%.
The biggest gainers of the session on the DAX were Adidas AG (DE:ADSGN), which rose 2.95% or 4.350 points to trade at 151.700 at the close. Bayer AG NA (DE:BAYGN) added 1.54% or 1.550 points to end at 102.000 and E.ON SE NA (DE:EONGn) was up 1.51% or 0.109 points to 7.351 in late trade.
Biggest losers included Lufthansa AG VNA O.N. (DE:LHAG), which lost 0.85% or 0.100 points to trade at 11.705 in late trade. Muench. Rueckvers. VNA O.N. (DE:MUVGn) declined 0.39% or 0.700 points to end at 176.900 and Linde AG O.N. (DE:LING) shed 0.33% or 0.500 points to 153.200.
The top performers on the MDAX were Gerresheimer AG (BS:GXId) which rose 6.32% to 76.230, Kion Group AG (DE:KGX) which was up 5.09% to settle at 54.89 and Rheinmetall AG (DE:RHMG) which gained 4.48% to close at 68.970.
The worst performers were Talanx AG NA O.N. (DE:TLXGn) which was down 1.64% to 31.505 in late trade, Bilfinger SE O.N. (DE:GBFG) which lost 0.84% to settle at 37.610 and Norma Group AG NA O.N. (DE:NOEJ) which was down 0.75% to 40.500 at the close.
The top performers on the TecDAX were Morphosys AG O.N. (DE:MORG) which rose 2.52% to 49.210, Wirecard AG (DE:WDIG) which was up 1.74% to settle at 42.915 and Telefonica Deutschland Holding AG (DE:O2Dn) which gained 1.32% to close at 4.142.
The worst performers were RIB Software AG Na (DE:RIB) which was down 2.91% to 11.690 in late trade, S&T AG (F:SANT1) which gained 0.17% to settle at 8.800 and GFT Technologies AG (DE:GFTG) which was down 1.71% to 20.920 at the close.
Advancing stocks outnumbered falling ones by 427 to 328 and 18 ended unchanged on the Frankfurt Stock Exchange.
The DAX volatility index, which measures the implied volatility of DAX options, was down 5.40% to 14.59 a new 52-week low.
In commodities trading, Gold for February delivery was up 0.06% or 0.70 to $1213.60 a troy ounce. Meanwhile, Crude oil for delivery in February fell 1.30% or 0.68 to hit $51.80 a barrel, while the March Brent oil contract fell 1.19% or 0.66 to trade at $54.81 a barrel.
EUR/USD was down 0.31% to 1.0679, while EUR/GBP rose 0.58% to 0.8679.
The US Dollar Index was up 0.48% at 100.74.