Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Transportation & Logistics, Utilities and Consumer & Cyclical sectors led shares higher.
At the close in Frankfurt, the DAX gained 0.32% to hit a new all time high, while the MDAX index added 0.07%, and the TecDAX index gained 0.21%.
The best performers of the session on the DAX were Deutsche Post AG NA O.N. (DE:DPWGn), which rose 2.53% or 0.810 points to trade at 32.870 at the close. Meanwhile, E.ON SE NA (DE:EONGn) added 2.05% or 0.177 points to end at 8.817 and Beiersdorf AG O.N. (DE:BEIG) was up 1.61% or 1.530 points to 96.310 in late trade.
The worst performers of the session were Volkswagen AG VZO O.N. (DE:VOWG_p), which fell 2.11% or 2.85 points to trade at 132.40 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 1.86% or 0.290 points to end at 15.275 and Commerzbank AG O.N. (DE:CBKG) was down 1.48% or 0.140 points to 9.300.
The top performers on the MDAX were Bilfinger SE O.N. (DE:GBFG) which rose 3.99% to 35.710, Deutsche Euroshop AG (DE:DEQGn) which was up 1.43% to settle at 37.650 and Duerr AG (DE:DUEG) which gained 1.38% to close at 99.760.
The worst performers were Aurubis AG (DE:NAFG) which was down 2.95% to 70.140 in late trade, Aareal Bank AG (DE:ARLG) which lost 1.56% to settle at 34.790 and Gerresheimer AG (BS:GXId) which was down 1.39% to 72.990 at the close.
The top performers on the TecDAX were Pfeiffer Vacuum Technology O.N. (DE:PV) which rose 1.92% to 132.60, Xing AG (DE:OBCGn) which was up 1.65% to settle at 243.15 and Bechtle AG (DE:BC8G) which gained 1.50% to close at 114.750.
The worst performers were SMA Solar Technology AG (DE:S92G) which was down 2.39% to 26.185 in late trade, Medigene NA O.N. (DE:MDG1k) which lost 2.19% to settle at 11.395 and Dialog Semiconductor (DE:DLGS) which was down 1.95% to 41.570 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 397 to 332 and 30 ended unchanged.
Shares in Pfeiffer Vacuum Technology O.N. (DE:PV) rose to all time highs; gaining 1.92% or 2.50 to 132.60.
The DAX volatility index, which measures the implied volatility of DAX options, was up 3.34% to 13.02.
Gold Futures for August delivery was up 0.73% or 9.21 to $1277.81 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 3.64% or 1.69 to hit $44.77 a barrel, while the August Brent oil contract fell 3.57% or 1.74 to trade at $46.98 a barrel.
EUR/USD was up 0.60% to 1.1277, while EUR/GBP rose 0.20% to 0.8806.
The US Dollar Index Futures was down 0.55% at 96.44.