Germany stocks higher at close of trade; DAX up 0.36%

Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Consumer&Cyclical, Food&Beverages and Software sectors led shares higher.

At the close in Frankfurt, the DAX gained 0.36% to hit a new 3-months high, while the MDAX index climbed 0.72%, and the TecDAX index gained 0.95%.

The best performers of the session on the DAX were Symrise AG Inh. O.N. (ETR:SY1G), which rose 2.76% or 2.74 points to trade at 102.10 at the close. Meanwhile, Siemens Healthineers AG (ETR:SHLG) added 1.83% or 0.92 points to end at 51.30 and Beiersdorf AG O.N. (ETR:BEIG) was up 1.79% or 2.25 points to 127.65 in late trade.

The worst performers of the session were Bayer AG NA (ETR:BAYGN), which fell 3.44% or 1.17 points to trade at 32.82 at the close. Merck KGaA (ETR:MRCG) declined 2.27% or 3.70 points to end at 159.60 and Dr Ing hc F Porsche AG Preferred (ETR:P911_p) was down 1.60% or 1.44 points to 88.28.

The top performers on the MDAX were Thyssenkrupp AG O.N. (ETR:TKAG) which rose 6.64% to 7.06, SMA Solar Technology AG (ETR:S92G) which was up 5.63% to settle at 58.15 and Puma SE (ETR:PUMG) which gained 3.28% to close at 56.12.

The worst performers were Hochtief AG (ETR:HOTG) which was down 5.02% to 99.35 in late trade, HelloFresh SE (ETR:HFGG) which lost 1.88% to settle at 14.61 and Bechtle AG (ETR:BC8G) which was down 1.76% to 45.82 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (ETR:S92G) which rose 5.63% to 58.15, Energiekontor AG (ETR:EKTG) which was up 3.39% to settle at 70.20 and TeamViewer AG (ETR:TMV) which gained 2.75% to close at 13.46.

The worst performers were Morphosys AG O.N. (ETR:MORG) which was down 4.62% to 16.08 in late trade, Bechtle AG (ETR:BC8G) which lost 1.76% to settle at 45.82 and Verbio Vereinigte Bioenergie AG (ETR:VBKG) which was down 0.41% to 31.71 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 357 to 248 and 32 ended unchanged.

Shares in Bayer AG NA (ETR:BAYGN) fell to 5-year lows; falling 3.44% or 1.17 to 32.82. Shares in Beiersdorf AG O.N. (ETR:BEIG) rose to all time highs; up 1.79% or 2.25 to 127.65. Shares in HelloFresh SE (ETR:HFGG) fell to 3-years lows; falling 1.88% or 0.28 to 14.61.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.54% to 13.05 a new 3-months low.

Gold Futures for December delivery was down 0.48% or 9.55 to $1,992.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 3.68% or 2.86 to hit $74.91 a barrel, while the January Brent oil contract fell 3.54% or 2.92 to trade at $79.53 a barrel.

EUR/USD was unchanged 0.36% to 1.09, while EUR/GBP unchanged 0.17% to 0.87.

The US Dollar Index Futures was up 0.50% at 103.97.