German equities inched up on Wednesday despite persistent global economic concerns and pessimistic comments of Mario Draghi. On Tuesday, Mario Draghi stated that the EU economy was still facing difficulties. Uncertainty over Spain and Greece also added pressure on German blue chips. The DAX Index gained 0.04% and is currently trading at 7,237.35. Five out of nine sectors included in the index rose. The top-performers were health care companies and care makers. Fresenius Medical Care and Fresenius SE & Co advanced 0.35% and 0.86% while Daimler and Volkswagen gained 0.34% and 0.14%. Auto shares were lifted by better sales in China as revenues of Japanese competitors fell due to territorial disputes. On the downside were technology firms, with SAP falling by 1.50% .