Germany shares higher at close of trade; DAX up 0.52%

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Germany shares higher at close of trade; DAX up 0.52%
Credit: © Reuters. – Germany equities were higher at the close on Wednesday, as gains in the Food & Beverages , Transportation & Logistics and Consumer & Cyclical sectors propelled shares higher.

At the close in Frankfurt, the DAX rose 0.52%, while the MDAX index added 0.27%, and the TecDAX index gained 0.15%.

The biggest gainers of the session on the DAX were Adidas AG (DE: ADSGN ), which rose 1.98% or 4.10 points to trade at 210.70 at the close. Continental AG O.N. (DE: CONG ) added 1.77% or 2.60 points to end at 149.60 and Deutsche Lufthansa AG (DE: LHAG ) was up 1.72% or 0.380 points to 22.470 in late trade.

Biggest losers included Infineon Technologies AG NA O.N. (DE: IFXGn ), which lost 5.66% or 1.120 points to trade at 18.670 in late trade. RWE AG ST O.N. (DE: RWEG ) declined 3.62% or 0.810 points to end at 21.550 and E.ON SE NA (DE: EONGn ) shed 3.49% or 0.319 points to 8.820.

The top performers on the MDAX were Gerresheimer AG (DE: GXIG ) which rose 3.97% to 79.800, Stroeer SE (DE: SAXG ) which was up 3.37% to settle at 52.200 and Fielmann AG (DE: FIEG ) which gained 1.99% to close at 53.900.

The worst performers were Wacker Chemie O.N. (DE: WCHG ) which was down 6.08% to 110.83 in late trade, Norma Group AG NA O.N. (DE: NOEJ ) which lost 3.05% to settle at 55.550 and GEA Group AG (DE: G1AG ) which was down 1.86% to 31.140 at the close.

The top performers on the TecDAX were Cancom SE O.N. (DE: COKG ) which rose 12.61% to 40.200, Sartorius AG VZO O.N. (DE: SATG_p ) which was up 3.07% to settle at 151.000 and Nordex SE O.N. (DE: NDXG ) which gained 2.80% to close at 9.252.

The worst performers were Siltronic AG (DE: WAFGn ) which was down 5.93% to 100.750 in late trade, SLM Solutions Group AG (DE: AM3D ) which lost 4.08% to settle at 21.15 and Aixtron SE (DE: AIXGn ) which was down 2.83% to 10.300 at the close.

Advancing stocks outnumbered falling ones by 403 to 285 and 90 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 3.29% to 16.37.

In commodities trading, Gold Futures for December delivery was up 0.59% or 7.10 to $1209.30 a troy ounce. Meanwhile, Crude oil for delivery in October rose 1.85% or 1.28 to hit $70.53 a barrel, while the November Brent oil contract rose 0.58% or 0.46 to trade at $79.52 a barrel.

EUR/USD was up 0.18% to 1.1627, while EUR/GBP rose 0.17% to 0.8920.

The US Dollar Index Futures was down 0.22% at 94.84.

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