Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Telecom, Technology and Construction sectors led shares higher.
At the close in Frankfurt, the DAX rose 0.98%, while the MDAX index gained 0.39%, and the TecDAX index climbed 0.11%.
The best performers of the session on the DAX were Daimler AG NA O.N. (XETRA:DAIGn), which rose 2.79% or 2.390 points to trade at 87.990 at the close. Meanwhile, Deutsche Telekom AG Na (XETRA:DTEGn) added 2.42% or 0.395 points to end at 16.720 and Merck KGAA O.N. (XETRA:MRCG) was up 2.24% or 2.120 points to 96.870 in late trade.
The worst performers of the session were Henkel AG & Co Kgaa Vzo (XETRA:HNKG_p), which fell 0.75% or 0.800 points to trade at 105.500 at the close. Commerzbank AG O.N. (XETRA:CBKG) declined 0.55% or 0.065 points to end at 11.760 and Lufthansa AG VNA O.N. (XETRA:LHAG) was down 0.38% or 0.050 points to 13.060.
The top performers on the MDAX were Aurubis AG (XETRA:NAFG) which rose 2.56% to 53.700, Duerr AG O.N. (XETRA:DUEG) which was up 2.40% to settle at 97.680 and Airbus Group (XETRA:AIRG) which gained 2.04% to close at 56.518.
The worst performers were A.Springer AG VNA (XETRA:SPRGn) which was down 5.25% to 54.470 in late trade, Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) which lost 2.05% to settle at 13.150 and Salzgitter AG O.N. (XETRA:SZGG) which was down 1.98% to 25.000 at the close.
The top performers on the TecDAX were Adva Optical Networking SE (XETRA:ADAG) which rose 5.39% to 3.675, Nordex SE O.N. (XETRA:NDXG) which was up 2.44% to settle at 19.130 and Jenoptik AG O.N. (XETRA:JENG) which gained 1.89% to close at 12.430.
The worst performers were Stratec Biomedical (XETRA:SBSG) which was down 3.58% to 43.500 in late trade, Cancom SE O.N. (XETRA:COKG) which lost 3.18% to settle at 34.505 and PSI AG F.Pr.U.Sys. NA (XETRA:PSAGn) which was down 1.95% to 12.600 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 390 to 351 and 31 ended unchanged.
Shares in Daimler AG NA O.N. (XETRA:DAIGn) rose to all time highs; gaining 2.79% or 2.390 to 87.990. Shares in Deutsche Telekom AG Na (XETRA:DTEGn) rose to all time highs; gaining 2.42% or 0.395 to 16.720. Shares in Merck KGAA O.N. (XETRA:MRCG) rose to all time highs; rising 2.24% or 2.120 to 96.870. Shares in Duerr AG O.N. (XETRA:DUEG) rose to all time highs; rising 2.40% or 2.290 to 97.680. Shares in Airbus Group (XETRA:AIRG) rose to 52-week highs; gaining 2.04% or 1.132 to 56.518. Shares in Adva Optical Networking SE (XETRA:ADAG) rose to 52-week highs; rising 5.39% or 0.188 to 3.675.
The DAX volatility index, which measures the implied volatility of DAX options, was down 2.39% to 15.51.
Gold for April delivery was down 0.25% or 3.00 to $1201.40 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in April fell 0.93% or 0.47 to hit $50.05 a barrel, while the April Brent Oil contract fell 1.86% or 1.14 to trade at $59.88 a barrel.
EUR/USD was down 0.89% to 1.1077, while EUR/GBP fell 0.25% to 0.7256.
The US Dollar Index was up 0.56% at 95.98.