Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Chemicals, Industrials and Transportation & Logistics sectors led shares higher.
At the close in Frankfurt, the DAX rose 3.55%, while the MDAX index climbed 6.05%, and the TecDAX index added 3.23%.
The best performers of the session on the DAX were Heidelberg Materials AG (ETR:HEIG), which rose 17.52% or 24.85 points to trade at 166.65 at the close. Meanwhile, Deutsche Bank AG NA O.N. (ETR:DBKGn) added 12.36% or 2.39 points to end at 21.75 and Commerzbank AG O.N. (ETR:CBKG) was up 10.95% or 2.26 points to 22.90 in late trade.
The worst performers of the session were Vonovia SE (ETR:VNAn), which fell 7.66% or 2.24 points to trade at 27.01 at the close. Deutsche Telekom AG Na (ETR:DTEGn) declined 3.41% or 1.20 points to end at 33.94 and Symrise AG Inh. O.N. (ETR:SY1G) was down 2.71% or 2.64 points to 94.62.
The top performers on the MDAX were Kion Group AG (ETR:KGX) which rose 20.18% to 44.60, Bechtle AG (ETR:BC8G) which was up 19.30% to settle at 39.06 and Bilfinger SE O.N. (ETR:GBFG) which gained 17.98% to close at 70.20.
The worst performers were LEG Immobilien AG (ETR:LEGn) which was down 5.27% to 73.72 in late trade, Tag Immobilien AG (ETR:TEGG) which lost 5.19% to settle at 13.16 and Deutsche Wohnen AG (ETR:DWNG) which was down 4.94% to 22.15 at the close.
The top performers on the TecDAX were Bechtle AG (ETR:BC8G) which rose 19.30% to 39.06, Kontron AG (ETR:KTN) which was up 16.26% to settle at 23.88 and Cancom SE O.N. (ETR:COKG) which gained 14.64% to close at 27.88.
The worst performers were Deutsche Telekom AG Na (ETR:DTEGn) which was down 3.41% to 33.94 in late trade, CompuGroup Medical AG O.N. (ETR:COP1n) which unchanged 0.00% to settle at 22.50 and Qiagen NV (ETR:QIA) which was up 0.03% to 35.88 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 419 to 216 and 25 ended unchanged.
Shares in Heidelberg Materials AG (ETR:HEIG) rose to all time highs; up 17.52% or 24.85 to 166.65. Shares in Deutsche Bank AG NA O.N. (ETR:DBKGn) rose to 5-year highs; gaining 12.36% or 2.39 to 21.75. Shares in Commerzbank AG O.N. (ETR:CBKG) rose to 5-year highs; up 10.95% or 2.26 to 22.90. Shares in Symrise AG Inh. O.N. (ETR:SY1G) fell to 52-week lows; losing 2.71% or 2.64 to 94.62. Shares in Bilfinger SE O.N. (ETR:GBFG) rose to 5-year highs; up 17.98% or 10.70 to 70.20. Shares in Kontron AG (ETR:KTN) rose to 3-years highs; gaining 16.26% or 3.34 to 23.88.
The DAX volatility index, which measures the implied volatility of DAX options, was up 16.31% to 22.72 a new 6-months high.
Gold Futures for April delivery was up 0.39% or 11.41 to $2,932.01 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 4.15% or 2.83 to hit $65.43 a barrel, while the May Brent oil contract fell 3.51% or 2.49 to trade at $68.55 a barrel.
EUR/USD was up 1.42% to 1.08, while EUR/GBP rose 0.83% to 0.84.
The US Dollar Index Futures was down 1.20% at 104.42.