Investing.com – Germany equities were higher at the close on Wednesday, as gains in the Utilities, Industrials and Chemicals sectors propelled shares higher.
At the close in Frankfurt, the DAX rose 0.92%, while the MDAX index gained 0.70%, and the TecDAX index added 0.50%.
The biggest gainers of the session on the DAX were E.ON SE NA (DE:EONGn), which rose 2.60% or 0.212 points to trade at 8.353 at the close. BASF SE NA O.N. (DE:BASFN) added 2.29% or 1.520 points to end at 67.980 and RWE AG ST O.N. (DE:RWEG) was up 2.11% or 0.250 points to 12.095 in late trade.
Biggest losers included Deutsche Boerse NA O.N. (DE:DB1Gn), which lost 1.19% or 0.880 points to trade at 72.800 in late trade. Merck KGAA O.N. (DE:MRK) declined 0.43% or 0.370 points to end at 86.480 and Fresenius Medical Care KGAA ST (DE:FMEG) shed 0.19% or 0.140 points to 72.530.
The top performers on the MDAX were Wacker Chemie O.N. (DE:WCHG) which rose 4.37% to 82.000, Kuka AG (DE:KU2G) which was up 3.51% to settle at 106.050 and Hugo Boss AG NA O.N. (DE:BOSSn) which gained 3.29% to close at 54.250.
The worst performers were STADA Arzneimittel VNA O.N. (DE:STAGn) which was down 3.31% to 43.835 in late trade, Bilfinger SE O.N. (DE:GBFG) which lost 2.10% to settle at 28.665 and Stroeer SE (DE:SAXG) which was down 1.36% to 43.480 at the close.
The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 3.91% to 26.860, Sartorius AG VZO O.N. (DE:SATG_p) which was up 2.48% to settle at 59.910 and Slm Solution G (DE:AM3D) which gained 2.28% to close at 23.37.
The worst performers were Software AG O.N. (DE:SOWG) which was down 2.92% to 31.200 in late trade, Morphosys AG O.N. (DE:MORG) which lost 1.92% to settle at 38.540 and Xing AG (DE:OBCGn) which was down 1.45% to 169.550 at the close.
Advancing stocks outnumbered falling ones by 606 to 274 and 22 ended unchanged on the Frankfurt Stock Exchange.
The DAX volatility index, which measures the implied volatility of DAX options, was up 6.87% to 30.16 a new 3-month high.
In commodities trading, Gold for August delivery was down 0.10% or 1.25 to $1286.85 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.45% or 0.22 to hit $48.27 a barrel, while the August Brent oil contract fell 1.06% or 0.53 to trade at $49.30 a barrel.
EUR/USD was up 0.32% to 1.1243, while EUR/GBP fell 0.13% to 0.7929.
The US Dollar Index was down 0.24% at 94.80.