Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Technology, Basic Resources and Software sectors led shares higher.
At the close in Frankfurt, the DAX rose 1.78% to hit a new all time high, while the MDAX index gained 0.78%, and the TecDAX index gained 1.04%.
The best performers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which rose 4.78% or 7.45 points to trade at 163.35 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 4.17% or 0.980 points to end at 24.485 and Deutsche Lufthansa AG (DE:LHAG) was up 2.99% or 0.820 points to 28.220 in late trade.
The worst performers of the session were Prosiebensat 1 Media AG (DE:PSMGn), which fell 2.59% or 0.775 points to trade at 29.170 at the close. Deutsche Telekom AG Na (DE:DTEGn) declined 1.85% or 0.290 points to end at 15.350 and Adidas AG (DE:ADSGN) was down 1.75% or 3.35 points to 187.70.
The top performers on the MDAX were Norma Group AG NA O.N. (DE:NOEJ) which rose 4.06% to 60.780, Brenntag AG (DE:BNRGn) which was up 3.30% to settle at 50.220 and Bilfinger SE O.N. (DE:GBFG) which gained 3.17% to close at 35.635.
The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 3.59% to 3.68 in late trade, Hugo Boss AG NA O.N. (DE:BOSSn) which lost 2.17% to settle at 75.170 and Zalando SE (DE:ZALG) which was down 1.47% to 42.33 at the close.
The top performers on the TecDAX were Nemetschek AG O.N. (DE:NEKG) which rose 8.31% to 83.000, SMA Solar Technology AG (DE:S92G) which was up 5.38% to settle at 41.935 and Aixtron SE (DE:AIXGn) which gained 3.40% to close at 13.855.
The worst performers were Evotec AG O.N. (DE:EVTG) which was down 9.30% to 16.340 in late trade, RIB Software AG Na (DE:RIB) which lost 3.36% to settle at 20.425 and Adva Optical Networking SE (DE:ADAG) which was down 2.44% to 5.200 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 502 to 255 and 28 ended unchanged.
Shares in Volkswagen AG VZO O.N. (DE:VOWG_p) rose to 52-week highs; gaining 4.78% or 7.45 to 163.35. Shares in Infineon Technologies AG NA O.N. (DE:IFXGn) rose to all time highs; gaining 4.17% or 0.980 to 24.485. Shares in Deutsche Lufthansa AG (DE:LHAG) rose to all time highs; rising 2.99% or 0.820 to 28.220. Shares in Norma Group AG NA O.N. (DE:NOEJ) rose to all time highs; rising 4.06% or 2.370 to 60.780. Shares in Nemetschek AG O.N. (DE:NEKG) rose to all time highs; gaining 8.31% or 6.370 to 83.000. Shares in SMA Solar Technology AG (DE:S92G) rose to 52-week highs; up 5.38% or 2.140 to 41.935. Shares in Aixtron SE (DE:AIXGn) rose to 3-years highs; rising 3.40% or 0.455 to 13.855.
The DAX volatility index, which measures the implied volatility of DAX options, was down 2.77% to 11.89.
Gold Futures for December delivery was up 0.62% or 7.88 to $1278.38 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December unchanged 0.00% or 0.00 to hit $54.38 a barrel, while the January Brent oil contract fell 0.39% or 0.24 to trade at $60.70 a barrel.
EUR/USD was down 0.19% to 1.1624, while EUR/GBP fell 0.05% to 0.8764.
The US Dollar Index Futures was up 0.19% at 94.63.