Germany shares lower at close of trade; DAX down 0.53%

Investing.com – Germany equities were lower at the close on Monday, as losses in the Chemicals , Retail and Pharmaceuticals & Healthcare sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 0.53%, while the MDAX index fell 0.52%, and the TecDAX index fell 0.57%.

The biggest gainers of the session on the DAX were RWE AG ST O.N. (DE: RWEG ), which rose 2.42% or 0.385 points to trade at 16.315 at the close. Deutsche Bank AG NA O.N. (DE: DBKGn ) added 2.10% or 0.272 points to end at 13.194 and Deutsche Lufthansa AG (DE: LHAG ) was up 0.97% or 0.260 points to 27.040 in late trade.

Biggest losers included Daimler AG NA O.N. (DE: DAIGn ), which lost 2.06% or 1.490 points to trade at 71.010 in late trade. Fresenius Medical Care KGAA ST (DE: FMEG ) declined 1.66% or 1.460 points to end at 86.420 and Linde AG O.N. (DE: LING ) shed 1.55% or 2.70 points to 171.80.

The top performers on the MDAX were Hella KGaA Hueck & Co (DE: HLE ) which rose 1.62% to 56.55, Axel Springer SE (DE: SPRGn ) which was up 0.90% to settle at 72.850 and Deutsche Pfandbriefbank AG (DE: PBBG ) which gained 0.72% to close at 14.07.

The worst performers were Fielmann AG (DE: FIEG ) which was down 4.59% to 68.550 in late trade, Gerresheimer AG (BS: GXId ) which lost 2.96% to settle at 67.250 and Osram Licht AG (F: OSRn ) which was down 1.69% to 67.380 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE: MDG1k ) which rose 2.65% to 17.450, SMA Solar Technology AG (DE: S92G ) which was up 1.73% to settle at 46.940 and Siltronic AG (DE: WAFGn ) which gained 1.62% to close at 119.300.

The worst performers were Slm Solution G (DE: AM3D ) which was down 4.00% to 37.20 in late trade, GFT Technologies AG (DE: GFTG ) which lost 2.26% to settle at 11.250 and Xing AG (DE: OBCGn ) which was down 2.22% to 264.50 at the close.

Declining stocks outnumbered rising ones by 387 to 351 and 74 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 6.34% to 19.84.

In commodities trading, Gold Futures for April delivery was down 0.48% or 6.50 to $1349.70 a troy ounce. Meanwhile, Crude oil for delivery in April rose 1.23% or 0.76 to hit $62.31 a barrel, while the April Brent oil contract rose 1.02% or 0.66 to trade at $65.50 a barrel.

EUR/USD was unchanged 0.00% to 1.2405, while EUR/GBP rose 0.35% to 0.8860.

The US Dollar Index Futures was up 0.11% at 89.13.