Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Retail , Software and Food & Beverages sectors led shares higher.
At the close in Frankfurt, the DAX rose 1.00% to hit a new all time high, while the MDAX index gained 1.29%, and the TecDAX index climbed 1.14%.
The best performers of the session on the DAX were Zalando SE (ETR: ZALG ), which rose 8.21% or 2.52 points to trade at 33.23 at the close. Meanwhile, SAP SE (ETR: SAPG ) added 3.76% or 8.75 points to end at 241.70 and Daimler Truck Holding AG (ETR: DTGGe ) was up 3.33% or 1.18 points to 36.63 in late trade.
The worst performers of the session were Heidelberg Materials AG (ETR: HEIG ), which fell 2.46% or 3.05 points to trade at 120.80 at the close. RWE AG ST O.N. (ETR: RWEG ) declined 2.30% or 0.73 points to end at 30.97 and Deutsche Post AG NA O.N. (ETR: DHLn ) was down 1.00% or 0.35 points to 34.73.
The top performers on the MDAX were Hugo Boss AG NA O.N. (ETR: BOSSn ) which rose 9.75% to 37.95, Befesa SA (ETR: BFSA ) which was up 4.07% to settle at 22.00 and Stabilus (ETR: STM1 ) which gained 3.98% to close at 34.00.
The worst performers were CTS Eventim AG (ETR: EVDG ) which was down 2.83% to 84.20 in late trade, Lanxess AG (ETR: LXSG ) which lost 2.39% to settle at 25.77 and Deutsche Lufthansa AG (ETR: LHAG ) which was down 1.84% to 6.29 at the close.
The top performers on the TecDAX were SUSS MicroTec SE (ETR: SMHNn ) which rose 6.93% to 50.90, Elmos Semiconductor AG (ETR: ELGG ) which was up 6.69% to settle at 63.80 and SMA Solar Technology AG (ETR: S92G ) which gained 6.02% to close at 13.39.
The worst performers were CompuGroup Medical AG O.N. (ETR: COP1n ) which was down 9.17% to 15.35 in late trade, Nagarro SE (ETR: NA9n ) which lost 2.64% to settle at 90.25 and Nordex SE O.N. (ETR: NDXG ) which was down 1.31% to 11.26 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 372 to 261 and 27 ended unchanged.
Shares in Zalando SE (ETR: ZALG ) rose to 52-week highs; gaining 8.21% or 2.52 to 33.23. Shares in SAP SE (ETR: SAPG ) rose to all time highs; gaining 3.76% or 8.75 to 241.70.
The DAX volatility index , which measures the implied volatility of DAX options, was down 4.24% to 14.23 a new 1-month low.
Gold Futures for February delivery was up 0.24% or 6.51 to $2,674.41 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.87% or 0.61 to hit $69.33 a barrel, while the February Brent oil contract fell 0.73% or 0.54 to trade at $73.08 a barrel.
EUR/USD was unchanged 0.20% to 1.05, while EUR/GBP unchanged 0.10% to 0.83.
The US Dollar Index Futures was down 0.16% at 106.17.