Germany stocks higher at close of trade; DAX up 0.49%

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

At the close in Frankfurt, the DAX added 0.49% to hit a new all time high, while the MDAX index added 0.82%, and the TecDAX index climbed 0.34%.

The best performers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 4.46% or 1.13 points to trade at 26.46 at the close. Meanwhile, Bayer AG NA (ETR:BAYGN) added 4.05% or 1.11 points to end at 28.42 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was up 2.68% or 0.38 points to 14.61 in late trade.

The worst performers of the session were Rheinmetall AG (ETR:RHMG), which fell 1.80% or 9.40 points to trade at 511.60 at the close. Sartorius AG VZO O.N. (ETR:SATG_p) declined 1.75% or 6.50 points to end at 364.00 and Vonovia SE (ETR:VNAn) was down 0.98% or 0.27 points to 27.25.

The top performers on the MDAX were Aroundtown Property Holdings PLC (ETR:AT1) which rose 15.62% to 1.98, Redcare Pharmacy NV (ETR:RDC) which was up 5.64% to settle at 149.00 and CTS Eventim AG (ETR:EVDG) which gained 5.29% to close at 81.60.

The worst performers were Aixtron SE (ETR:AIXGn) which was down 6.27% to 23.91 in late trade, Jenoptik AG (ETR:JENGn) which lost 3.00% to settle at 29.10 and Jungheinrich AG O.N.VZO (ETR:JUNG_p) which was down 2.09% to 33.78 at the close.

The top performers on the TecDAX were Evotec AG O.N. (ETR:EVTG) which rose 4.39% to 14.38, CompuGroup Medical AG O.N. (ETR:COP1n) which was up 3.44% to settle at 28.90 and SMA Solar Technology AG (ETR:S92G) which gained 3.09% to close at 56.65.

The worst performers were Aixtron SE (ETR:AIXGn) which was down 6.27% to 23.91 in late trade, Suess Microtec NA O.N. (ETR:SMHNn) which lost 4.18% to settle at 37.85 and Jenoptik AG (ETR:JENGn) which was down 3.00% to 29.10 at the close.

Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 407 to 229 and 28 ended unchanged.

Shares in Deutsche Bank AG NA O.N. (ETR:DBKGn) rose to 5-year highs; gaining 2.68% or 0.38 to 14.61. Shares in Aixtron SE (ETR:AIXGn) fell to 52-week lows; losing 6.27% or 1.60 to 23.91. Shares in CTS Eventim AG (ETR:EVDG) rose to all time highs; gaining 5.29% or 4.10 to 81.60. Shares in Aixtron SE (ETR:AIXGn) fell to 52-week lows; down 6.27% or 1.60 to 23.91.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.33% to 12.31.

Gold Futures for April delivery was up 0.69% or 15.00 to $2,192.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.59% or 0.48 to hit $81.14 a barrel, while the June Brent oil contract fell 0.54% or 0.46 to trade at $85.17 a barrel.

EUR/USD was unchanged 0.06% to 1.08, while EUR/GBP unchanged 0.10% to 0.86.

The US Dollar Index Futures was up 0.07% at 104.07.