BERLIN, July 26 (Xinhua) -- Shares of Volkswagen AG were up 1.5 percent on Wednesday during trading session, despite recent allegations that the Wolfsburg-based firm was one of five German carmakers to have colluded illegally since the 1990s.
Volkswagen shares listed at the blue-chip DAX index in Frankfurt were worth 136.10 euros (158.33 U.S. dollars). Nevertheless, the stock is still well below its 52-week high of 156.55 euros achieved on January 25, 2017.
The company had reached an all-time high of 262.45 euros on March 17, 2015, before the international automotive emissions cheating scandal known as "dieselgate" became public.
Volkswagen AG was the first German carmaker which was revealed to have installed illegal software which falsified emissions test results for its Diesel vehicles in 2015.
A U.S. federal judge ruled in April 2017 that Volkswagen "must pay a... 2.8 billion [dollars] criminal fine for rigging diesel-powered vehicles to cheat on government emissions tests".
Shares of Munich-based BMW, which has also been rocked by the German antitrust scandal, were relatively stable at 79.20 euros (-0.29 percent).
The airline Lufthansa was another winner of the day, with its stock rising slightly by 0.75 percent to 18.66 euros.
Overall, the DAX index saw modest gains in Wednesday's trading, rising by 38.48 points, or 0.31 percent.
