Germany shares higher at close of trade; DAX up 0.83%

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Germany shares higher at close of trade; DAX up 0.83%
Credit: © Reuters. – Germany equities were higher at the close on Wednesday, as gains in the Technology , Financial Services and Software sectors propelled shares higher.

At the close in Frankfurt, the DAX added 0.83%, while the MDAX index gained 1.04%, and the TecDAX index added 1.64%.

The biggest gainers of the session on the DAX were Thyssenkrupp AG O.N. (DE: TKAG ), which rose 4.24% or 1.020 points to trade at 25.100 at the close. Volkswagen AG VZO O.N. (DE: VOWG_p ) added 3.46% or 5.74 points to end at 171.44 and Infineon Technologies AG NA O.N. (DE: IFXGn ) was up 3.25% or 0.750 points to 23.840 in late trade.

Biggest losers included Fresenius SE & Co KGAA O.N. (DE: FREG ), which lost 0.81% or 0.520 points to trade at 63.840 in late trade. Deutsche Bank AG NA O.N. (DE: DBKGn ) declined 0.30% or 0.048 points to end at 15.910 and Commerzbank AG O.N. (DE: CBKG ) shed 0.25% or 0.032 points to 12.622.

The top performers on the MDAX were Steinhoff International Holdings NV (DE: SNHG ) which rose 32.22% to 0.46, Schaeffler AG Pref (DE: SHA_p ) which was up 3.09% to settle at 14.49 and Kion Group AG (DE: KGX ) which gained 2.88% to close at 74.34.

The worst performers were Suedzucker AG (DE: SZUG ) which was down 1.66% to 17.750 in late trade, Uniper SE (DE: UN01 ) which lost 1.47% to settle at 25.390 and Metro AG (DE: MEOG ) which was down 1.44% to 12.320 at the close.

The top performers on the TecDAX were Siltronic AG (DE: WAFGn ) which rose 5.74% to 132.550, Aixtron SE (DE: AIXGn ) which was up 5.15% to settle at 12.665 and GFT Technologies AG (DE: GFTG ) which gained 5.06% to close at 13.920.

The worst performers were Dialog Semiconductor (DE: DLGS ) which was down 1.36% to 26.150 in late trade, Drillisch AG (DE: DRIG ) which lost 1.15% to settle at 68.900 and Medigene NA O.N. (DE: MDG1k ) which was down 0.76% to 12.990 at the close.

Advancing stocks outnumbered falling ones by 544 to 208 and 58 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 8.38% to 12.64.

In commodities trading, Gold Futures for February delivery was up 0.15% or 2.00 to $1318.10 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.95% or 1.18 to hit $61.55 a barrel, while the March Brent oil contract rose 1.70% or 1.13 to trade at $67.70 a barrel.

EUR/USD was down 0.22% to 1.2031, while EUR/GBP rose 0.28% to 0.8898.

The US Dollar Index Futures was up 0.24% at 91.78.

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