Germany shares lower at close of trade; DAX down 0.21%

Investing.com – Germany equities were lower at the close on Tuesday, as losses in the Food & Beverages , Pharmaceuticals & Healthcare and Utilities sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 0.21%, while the MDAX index declined 0.01%, and the TecDAX index fell 0.18%.

The biggest gainers of the session on the DAX were Deutsche Lufthansa AG (DE: LHAG ), which rose 2.50% or 0.600 points to trade at 24.585 at the close. Deutsche Post AG NA O.N. (DE: DPWGn ) added 1.74% or 0.650 points to end at 38.060 and Henkel & Co KGaA AG Pref (DE: HNKG_p ) was up 1.59% or 1.85 points to 118.35 in late trade.

Biggest losers included Fresenius Medical Care KGAA ST (DE: FMEG ), which lost 2.16% or 1.790 points to trade at 81.010 in late trade. Fresenius SE & Co KGAA O.N. (DE: FREG ) declined 1.23% or 0.860 points to end at 69.000 and E.ON SE NA (DE: EONGn ) shed 1.04% or 0.101 points to 9.587.

The top performers on the MDAX were Fraport AG (DE: FRAG ) which rose 2.01% to 81.210, K+S AG NA O.N. (DE: SDFGn ) which was up 1.50% to settle at 20.970 and Duerr AG (DE: DUEG ) which gained 1.33% to close at 114.500.

The worst performers were Krones AG O.N. (DE: KRNG ) which was down 4.86% to 111.500 in late trade, Suedzucker AG (DE: SZUG ) which lost 4.72% to settle at 17.050 and Covestro AG (DE: 1COV ) which was down 1.41% to 70.770 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE: S92G ) which rose 1.48% to 36.050, Telefonica Deutschland Holding AG (DE: O2Dn ) which was up 1.30% to settle at 4.674 and Morphosys AG O.N. (DE: MORG ) which gained 0.96% to close at 74.780.

The worst performers were Nordex SE O.N. (DE: NDXG ) which was down 7.58% to 10.120 in late trade, Adva Optical Networking SE (DE: ADAG ) which lost 5.60% to settle at 6.080 and Medigene NA O.N. (DE: MDG1k ) which was down 2.16% to 12.220 at the close.

Declining stocks outnumbered rising ones by 438 to 313 and 34 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 3.83% to 12.57.

In commodities trading, Gold Futures for December delivery was up 0.64% or 8.25 to $1293.25 a troy ounce. Meanwhile, Crude oil for delivery in November rose 2.90% or 1.44 to hit $51.02 a barrel, while the December Brent oil contract rose 1.97% or 1.10 to trade at $56.89 a barrel.

EUR/USD was up 0.49% to 1.1797, while EUR/GBP fell 0.03% to 0.8930.

The US Dollar Index Futures was down 0.48% at 93.10.