Germany shares lower at close of trade; DAX down 0.01%

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Germany shares lower at close of trade; DAX down 0.01%
Credit: © Reuters. – Germany equities were lower at the close on Wednesday, as losses in the Food & Beverages , Technology and Pharmaceuticals & Healthcare sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 0.01%, while the MDAX index lost 0.47%, and the TecDAX index declined 1.26%.

The biggest gainers of the session on the DAX were Deutsche Bank AG NA O.N. (DE: DBKGn ), which rose 2.86% or 0.209 points to trade at 7.514 at the close. Covestro AG (DE: 1COV ) added 2.25% or 1.060 points to end at 48.070 and Daimler AG NA O.N. (DE: DAIGn ) was up 1.91% or 0.960 points to 51.350 in late trade.

Biggest losers included Infineon Technologies AG NA O.N. (DE: IFXGn ), which lost 5.87% or 1.100 points to trade at 17.655 in late trade. Continental AG O.N. (DE: CONG ) declined 1.46% or 2.00 points to end at 134.55 and Bayer AG NA (DE: BAYGN ) shed 1.30% or 0.74 points to 56.33.

The top performers on the MDAX were Commerzbank AG O.N. (DE: CBKG ) which rose 4.97% to 7.143, Stroeer SE (DE: SAXG ) which was up 3.64% to settle at 51.300 and Jungheinrich AG O.N.VZO (DE: JUNG_p ) which gained 3.05% to close at 28.340.

The worst performers were Siltronic AG (DE: WAFGn ) which was down 5.19% to 76.060 in late trade, Delivery Hero AG (DE: DHER ) which lost 4.26% to settle at 31.92 and Morphosys AG O.N. (DE: MORG ) which was down 2.68% to 81.5500 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE: NDXG ) which rose 10.30% to 14.570, Carl Zeiss Meditec AG (DE: AFXG ) which was up 0.51% to settle at 78.650 and S&T AG (DE: SANT1 ) which gained 0.19% to close at 21.62.

The worst performers were Infineon Technologies AG NA O.N. (DE: IFXGn ) which was down 5.87% to 17.655 in late trade, Siltronic AG (DE: WAFGn ) which lost 5.19% to settle at 76.060 and Dialog Semiconductor (DE: DLGS ) which was down 4.59% to 26.2000 at the close.

Declining stocks outnumbered rising ones by 356 to 347 and 75 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 1.45% to 16.74.

In commodities trading, Gold Futures for June delivery was down 0.41% or 5.45 to $1315.95 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.83% or 0.50 to hit $59.44 a barrel, while the June Brent oil contract fell 0.10% or 0.07 to trade at $67.36 a barrel.

EUR/USD was down 0.07% to 1.1257, while EUR/GBP fell 0.21% to 0.8508.

The US Dollar Index Futures was up 0.14% at 96.357.

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