German DAX index moved higher on Wednesday with most of shares posting gains as ECB provided 800 Euro Zone lenders with EUR 529.5 billion of cheap cash. Commerzbank jumped 2.7% and Deutsche Bank surged 2%. Electric utilities provider RWE AG surged 2.5% after Exane BNP Paribas upgraded the company from neutral to outperform. On the downside Deutsche Boerse and Daimler AG declined 0.7% and 0.5% respectively. At the moment of writing DAX 30 index is 0.51% or 34.79 points up at 6,922.42.