Germany stocks higher at close of trade; DAX up 1.47%

© Reuters Germany stocks higher at close of trade; DAX up 1.47%

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Consumer & Cyclical, Technology and Chemicals sectors led shares higher.

At the close in Frankfurt, the DAX added 1.47%, while the MDAX index climbed 1.23%, and the TecDAX index added 1.43%.

The best performers of the session on the DAX were Daimler Truck Holding AG (ETR:DTGGe), which rose 4.14% or 1.01 points to trade at 25.54 at the close. Meanwhile, Henkel & Co KGaA AG Pref (ETR:HNKG_p) added 3.69% or 2.16 points to end at 60.76 and Hannover Rueck SE (ETR:HNRGn) was up 3.05% or 4.40 points to 148.80 in late trade.

The worst performers of the session were Bayer AG NA (ETR:BAYGN), which fell 2.03% or 1.35 points to trade at 65.07 at the close. HelloFresh SE (ETR:HFGG) declined 0.18% or 0.07 points to end at 39.15 and Qiagen NV (ETR:QIA) was 0.00% or 0.00 points to 43.29.

The top performers on the MDAX were Lanxess AG (ETR:LXSG) which rose 5.63% to 37.72, Uniper SE (ETR:UN01) which was up 4.91% to settle at 24.34 and Jungheinrich AG O.N.VZO (ETR:JUNG_p) which gained 4.39% to close at 25.22.

The worst performers were Nemetschek AG O.N. (ETR:NEKG) which was down 2.67% to 81.06 in late trade, Siemens Energy AG (ETR:ENR1n) which lost 1.56% to settle at 19.25 and Stroeer SE (ETR:SAXG) which was down 1.45% to 57.65 at the close.

The top performers on the TecDAX were Jenoptik AG (ETR:JENGn) which rose 5.41% to 25.70, Nagarro SE (ETR:NA9n) which was up 4.58% to settle at 141.60 and Siltronic AG (ETR:WAFGn) which gained 4.35% to close at 93.50.

The worst performers were Nemetschek AG O.N. (ETR:NEKG) which was down 2.67% to 81.06 in late trade, Eckert & Ziegler AG O.N. (ETR:EUZG) which lost 2.09% to settle at 53.90 and TeamViewer AG (ETR:TMV) which was down 1.03% to 12.95 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 454 to 224 and 92 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 7.25% to 24.19 a new 1-month low.

Gold Futures for June delivery was down 0.24% or 4.75 to $1,954.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.42% or 0.43 to hit $102.48 a barrel, while the June Brent oil contract fell 0.03% or 0.03 to trade at $107.22 a barrel.

EUR/USD was up 0.54% to 1.08, while EUR/GBP unchanged 0.12% to 0.83.

The US Dollar Index Futures was down 0.56% at 100.40.