Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Telecoms, Consumer & Cyclical and Technology sectors led shares higher.
At the close in Frankfurt, the DAX rose 0.79% to hit a new all time high, while the MDAX index added 1.02%, and the TecDAX index gained 1.90%.
The best performers of the session on the DAX were Deutsche Telekom AG Na (DE:DTEGn), which rose 4.15% or 0.660 points to trade at 16.550 at the close. Meanwhile, Covestro AG (DE:1COV) added 2.94% or 1.160 points to end at 40.610 and Wirecard AG (DE:WDIG) was up 2.77% or 3.700 points to 137.200 in late trade.
The worst performers of the session were MTU Aero Engines NA O.N. (DE:MTXGn), which fell 1.31% or 3.60 points to trade at 271.90 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 0.69% or 0.069 points to end at 9.911 and Linde PLC (DE:LINI) was down 0.53% or 1.100 points to 205.600.
The top performers on the MDAX were Puma SE (DE:PUMG) which rose 11.54% to 80.25, Siltronic AG (DE:WAFGn) which was up 5.35% to settle at 107.300 and Varta AG (DE:VAR1) which gained 4.16% to close at 87.600.
The worst performers were Gerresheimer AG (DE:GXIG) which was down 4.07% to 69.600 in late trade, Prosiebensat 1 Media AG (DE:PSMGn) which lost 3.87% to settle at 12.0400 and Thyssenkrupp AG O.N. (DE:TKAG) which was down 2.05% to 10.040 at the close.
The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 5.35% to 107.300, Varta AG (DE:VAR1) which was up 4.16% to settle at 87.600 and Deutsche Telekom AG Na (DE:DTEGn) which gained 4.15% to close at 16.550.
The worst performers were Telefonica Deutschland Holding AG (DE:O2Dn) which was down 1.07% to 2.598 in late trade, Nordex SE O.N. (DE:NDXG) which lost 0.75% to settle at 11.970 and Pfeiffer Vacuum Technology O.N. (DE:PV) which was down 0.60% to 150.20 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 441 to 214 and 91 ended unchanged.
Shares in Deutsche Telekom AG Na (DE:DTEGn) rose to 52-week highs; rising 4.15% or 0.660 to 16.550. Shares in Puma SE (DE:PUMG) rose to 52-week highs; rising 11.54% or 8.30 to 80.25. Shares in Siltronic AG (DE:WAFGn) rose to 52-week highs; rising 5.35% or 5.450 to 107.300. Shares in Siltronic AG (DE:WAFGn) rose to 52-week highs; rising 5.35% or 5.450 to 107.300. Shares in Deutsche Telekom AG Na (DE:DTEGn) rose to 52-week highs; gaining 4.15% or 0.660 to 16.550.
The DAX volatility index, which measures the implied volatility of DAX options, was down 5.37% to 14.64.
Gold Futures for April delivery was up 0.49% or 7.85 to $1611.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.60% or 1.36 to hit $53.65 a barrel, while the April Brent oil contract rose 2.68% or 1.55 to trade at $59.30 a barrel.
EUR/USD was up 0.01% to 1.0793, while EUR/GBP rose 0.68% to 0.8357.
The US Dollar Index Futures was up 0.27% at 99.597.