Germany shares lower at close of trade; DAX down 0.18%

Investing.com – Germany equities were lower at the close on Monday, as losses in the Industrials , Insurance and Software sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 0.18%, while the MDAX index lost 0.21%, and the TecDAX index lost 0.23%.

The biggest gainers of the session on the DAX were Merck KGaA (DE: MRCG ), which rose 2.06% or 1.72 points to trade at 85.04 at the close. Covestro AG (DE: 1COV ) added 0.97% or 0.760 points to end at 78.740 and Henkel & Co KGaA AG Pref (DE: HNKG_p ) was up 0.91% or 0.95 points to 105.25 in late trade.

Biggest losers included Commerzbank AG O.N. (DE: CBKG ), which lost 1.83% or 0.198 points to trade at 10.596 in late trade. Deutsche Bank AG NA O.N. (DE: DBKGn ) declined 1.49% or 0.174 points to end at 11.470 and Deutsche Boerse AG (DE: DB1Gn ) shed 1.11% or 1.300 points to 115.400.

The top performers on the MDAX were K+S AG NA O.N. (DE: SDFGn ) which rose 5.64% to 25.575, Prosiebensat 1 Media AG (DE: PSMGn ) which was up 2.27% to settle at 29.7200 and Rocket Internet (DE: RKET ) which gained 2.26% to close at 24.46.

The worst performers were Airbus Group SE (DE: AIRG ) which was down 2.45% to 97.02 in late trade, Stroeer SE (DE: SAXG ) which lost 2.10% to settle at 60.650 and Axel Springer SE (DE: SPRGn ) which was down 1.92% to 66.250 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE: MDG1k ) which rose 9.47% to 15.600, Evotec AG O.N. (DE: EVTG ) which was up 2.74% to settle at 12.930 and SMA Solar Technology AG (DE: S92G ) which gained 1.92% to close at 58.400.

The worst performers were Cancom SE O.N. (DE: COKG ) which was down 6.89% to 95.900 in late trade, SLM Solutions Group AG (DE: AM3D ) which lost 4.86% to settle at 33.30 and GFT Technologies AG (DE: GFTG ) which was down 4.68% to 14.040 at the close.

Declining stocks outnumbered rising ones by 376 to 331 and 68 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 2.54% to 14.51.

In commodities trading, Gold Futures for June delivery was down 0.07% or 0.90 to $1319.80 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.42% or 0.30 to hit $71.00 a barrel, while the July Brent oil contract rose 1.24% or 0.96 to trade at $78.08 a barrel.

EUR/USD was up 0.28% to 1.1974, while EUR/GBP fell 0.08% to 0.8811.

The US Dollar Index Futures was down 0.22% at 92.24.