Germany stocks higher at close of trade; DAX up 1.16%

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher.

At the close in Frankfurt, the rose 1.16%, while the index climbed 1.28%, and the index gained 1.23%.

The best performers of the session on the were Bayer AG NA (DE:), which rose 2.44% or 1.65 points to trade at 69.32 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:) added 2.21% or 0.140 points to end at 6.471 and MTU Aero Engines NA O.N. (DE:) was up 2.02% or 5.00 points to 253.00 in late trade.

The worst performers of the session were Vonovia SE (DE:), which fell 0.94% or 0.44 points to trade at 46.26 at the close. Wirecard AG (DE:) declined 0.25% or 0.300 points to end at 118.000 and Merck KGaA (DE:) was down 0.14% or 0.15 points to 103.35.

The top performers on the MDAX were Siltronic AG (DE:) which rose 7.64% to 79.220, Zalando SE (DE:) which was up 4.14% to settle at 42.05 and United Internet AG NA (DE:) which gained 3.61% to close at 30.440.

The worst performers were Osram Licht AG (DE:) which was down 2.12% to 38.30 in late trade, Deutsche Wohnen AG (DE:) which lost 1.04% to settle at 35.070 and Qiagen NV (DE:) which was down 0.89% to 38.0100 at the close.

The top performers on the TecDAX were Siltronic AG (DE:) which rose 7.64% to 79.220, Draegerwerk VZO O.N. (DE:) which was up 4.35% to settle at 56.350 and SLM Solutions Group AG (DE:) which gained 3.71% to close at 16.20.

The worst performers were New Work SE (DE:) which was down 1.72% to 285.50 in late trade, Qiagen NV (DE:) which lost 0.89% to settle at 38.010 and Wirecard AG (DE:) which was down 0.25% to 118.000 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 512 to 169 and 70 ended unchanged.

Shares in SLM Solutions Group AG (DE:) rose to 52-week highs; rising 3.71% or 0.58 to 16.20.

The , which measures the implied volatility of DAX options, was down 9.80% to 16.02.

Gold Futures for February delivery was down 0.31% or 4.55 to $1479.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 4.24% or 2.38 to hit $58.48 a barrel, while the February Brent oil contract rose 3.96% or 2.41 to trade at $63.23 a barrel.

EUR/USD was down 0.06% to 1.1075, while EUR/GBP fell 0.77% to 0.8460.

The US Dollar Index Futures was down 0.08% at 97.605.

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