Germany stocks higher at close of trade; DAX up 0.38%

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Technology, Pharmaceuticals&Healthcare and Transportation&Logistics sectors led shares higher.

At the close in Frankfurt, the DAX rose 0.38%, while the MDAX index gained 0.26%, and the TecDAX index climbed 1.30%.

The best performers of the session on the DAX were Deutsche Lufthansa AG (DE:LHAG), which rose 3.25% or 0.750 points to trade at 23.850 at the close. Meanwhile, Bayer AG NA (DE:BAYGN) added 2.51% or 2.42 points to end at 98.87 and Siemens AG Class N (DE:SIEGn) was up 2.40% or 2.78 points to 118.66 in late trade.

The worst performers of the session were Heidelbergcement AG O.N. (DE:HEIG), which fell 2.06% or 1.620 points to trade at 77.020 at the close. Deutsche Telekom AG Na (DE:DTEGn) declined 1.20% or 0.165 points to end at 13.620 and E.ON SE NA (DE:EONGn) was down 1.15% or 0.104 points to 8.971.

The top performers on the MDAX were Fraport AG (DE:FRAG) which rose 3.42% to 84.580, Symrise AG Inh. O.N. (DE:SY1G) which was up 3.12% to settle at 74.020 and Norma Group AG NA O.N. (DE:NOEJ) which gained 2.21% to close at 69.350.

The worst performers were Krones AG O.N. (DE:KRNG) which was down 2.56% to 118.000 in late trade, Prosiebensat 1 Media AG (DE:PSMGn) which lost 1.87% to settle at 24.1000 and Osram Licht AG (DE:OSRn) which was down 1.47% to 51.08 at the close.

The top performers on the TecDAX were SLM Solutions Group AG (DE:AM3D) which rose 5.28% to 36.90, S&T AG (F:SANT1) which was up 3.93% to settle at 21.660 and Sartorius AG VZO O.N. (DE:SATG_p) which gained 3.93% to close at 129.700.

The worst performers were Telefonica Deutschland Holding AG (DE:O2Dn) which was down 1.90% to 3.619 in late trade, Pfeiffer Vacuum Technology O.N. (DE:PV) which lost 1.79% to settle at 153.40 and CompuGroup Medical AG O.N. (DE:COPMa) which was down 1.30% to 44.120 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 380 to 321 and 85 ended unchanged.

Shares in Symrise AG Inh. O.N. (DE:SY1G) rose to all time highs; up 3.12% or 2.240 to 74.020. Shares in Prosiebensat 1 Media AG (DE:PSMGn) fell to 5-year lows; down 1.87% or 0.4600 to 24.1000.

The DAX volatility index, which measures the implied volatility of DAX options, was down 3.99% to 14.46 a new 1-month low.

Gold Futures for August delivery was up 0.18% or 2.40 to $1301.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.29% or 0.19 to hit $66.55 a barrel, while the August Brent oil contract rose 0.63% or 0.48 to trade at $76.36 a barrel.

EUR/USD was up 0.37% to 1.1788, while EUR/GBP rose 0.30% to 0.8810.

The US Dollar Index Futures was down 0.29% at 93.56.