Germany shares lower at close of trade; DAX down 0.34%

Investing.com – Germany equities were lower at the close on Monday, as losses in the Food & Beverages , Transportation & Logistics and Construction sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 0.34%, while the MDAX index lost 0.48%, and the TecDAX index lost 0.40%.

The biggest gainers of the session on the DAX were Prosiebensat 1 Media AG (DE: PSMGn ), which rose 1.93% or 0.570 points to trade at 30.050 at the close. RWE AG ST O.N. (DE: RWEG ) added 0.71% or 0.125 points to end at 17.850 and Henkel & Co KGaA AG Pref (DE: HNKG_p ) was up 0.53% or 0.60 points to 113.70 in late trade.

Biggest losers included Deutsche Lufthansa AG (DE: LHAG ), which lost 4.17% or 1.270 points to trade at 29.150 in late trade. Vonovia SE (DE: VNAn ) declined 1.28% or 0.52 points to end at 40.21 and Heidelbergcement AG O.N. (DE: HEIG ) shed 1.24% or 1.180 points to 93.620.

The top performers on the MDAX were Hugo Boss AG NA O.N. (DE: BOSSn ) which rose 2.27% to 72.960, Schaeffler AG Pref (DE: SHA_p ) which was up 1.63% to settle at 15.55 and Covestro AG (DE: 1COV ) which gained 1.37% to close at 92.000.

The worst performers were Steinhoff International Holdings NV (DE: SNHG ) which was down 4.17% to 0.39 in late trade, Suedzucker AG (DE: SZUG ) which lost 3.25% to settle at 15.930 and Metro AG (DE: MEOG ) which was down 1.80% to 13.080 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE: NDXG ) which rose 8.37% to 11.390, GFT Technologies AG (DE: GFTG ) which was up 2.50% to settle at 13.530 and Medigene NA O.N. (DE: MDG1k ) which gained 1.63% to close at 13.110.

The worst performers were Slm Solution G (DE: AM3D ) which was down 2.85% to 46.05 in late trade, Draegerwerk VZO O.N. (DE: DRWG_p ) which lost 2.73% to settle at 78.500 and S&T AG (F: SANT1 ) which was down 2.42% to 20.200 at the close.

Declining stocks outnumbered rising ones by 399 to 316 and 104 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 0.45% to 12.05.

In commodities trading, Gold Futures for February delivery was up 0.44% or 5.90 to $1340.80 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.56% or 0.36 to hit $64.66 a barrel, while the March Brent oil contract rose 0.31% or 0.22 to trade at $70.09 a barrel.

EUR/USD was up 0.61% to 1.2271, while EUR/GBP fell 0.02% to 0.8889.

The US Dollar Index Futures was down 0.50% at 90.17.