Germany shares lower at close of trade; DAX down 0.28%

Investing.com – Germany equities were lower at the close on Wednesday, as losses in the Technology , Transportation & Logistics and Pharmaceuticals & Healthcare sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 0.28%, while the MDAX index declined 0.13%, and the TecDAX index lost 0.66%.

The biggest gainers of the session on the DAX were Deutsche Bank AG NA O.N. (DE: DBKGn ), which rose 1.35% or 0.109 points to trade at 8.172 at the close. Muench. Rueckvers. VNA O.N. (DE: MUVGn ) added 0.43% or 0.90 points to end at 209.80 and Adidas AG (DE: ADSGN ) was up 0.42% or 0.90 points to 217.60 in late trade.

Biggest losers included Fresenius Medical Care KGAA ST (DE: FMEG ), which lost 2.04% or 1.400 points to trade at 67.240 in late trade. Infineon Technologies AG NA O.N. (DE: IFXGn ) declined 1.81% or 0.360 points to end at 19.540 and Deutsche Lufthansa AG (DE: LHAG ) shed 1.50% or 0.340 points to 22.270.

The top performers on the MDAX were Zalando SE (DE: ZALG ) which rose 4.28% to 34.13, Brenntag AG (DE: BNRGn ) which was up 3.50% to settle at 45.800 and Salzgitter AG (DE: SZGG ) which gained 1.91% to close at 28.330.

The worst performers were Schaeffler AG Pref (DE: SHA_p ) which was down 6.23% to 7.53 in late trade, Siltronic AG (DE: WAFGn ) which lost 4.49% to settle at 82.880 and Morphosys AG O.N. (DE: MORG ) which was down 3.59% to 89.9500 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE: NDXG ) which rose 2.71% to 11.755, Dialog Semiconductor (DE: DLGS ) which was up 2.17% to settle at 26.8800 and Cancom SE O.N. (DE: COKG ) which gained 1.68% to close at 37.520.

The worst performers were Medigene NA O.N. (DE: MDG1k ) which was down 7.13% to 8.660 in late trade, Siltronic AG (DE: WAFGn ) which lost 4.49% to settle at 82.880 and Morphosys AG O.N. (DE: MORG ) which was down 3.59% to 89.950 at the close.

Declining stocks outnumbered rising ones by 399 to 288 and 92 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 1.04% to 14.32 a new 3-month low.

In commodities trading, Gold Futures for April delivery was up 0.16% or 2.05 to $1286.75 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.50% or 0.28 to hit $56.28 a barrel, while the May Brent oil contract rose 0.24% or 0.16 to trade at $66.02 a barrel.

EUR/USD was down 0.00% to 1.1305, while EUR/GBP rose 0.11% to 0.8587.

The US Dollar Index Futures was up 0.02% at 96.815.