Germany shares lower at close of trade; DAX down 0.63%

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

At the close in Frankfurt, the DAX declined 0.63%, while the MDAX index declined 1.00%, and the TecDAX index lost 0.98%.

The biggest gainers of the session on the DAX were Beiersdorf AG O.N. (DE: BEIG ), which rose 0.75% or 0.640 points to trade at 85.840 at the close. Deutsche Telekom AG Na (DE: DTEGn ) added 0.74% or 0.105 points to end at 14.200 and Thyssenkrupp AG O.N. (DE: TKAG ) was up 0.68% or 0.105 points to 15.535 in late trade.

Biggest losers included Covestro AG (DE: 1COV ), which lost 2.69% or 1.280 points to trade at 46.310 in late trade. Bayer AG NA (DE: BAYGN ) declined 1.80% or 1.22 points to end at 66.59 and Merck KGaA (DE: MRCG ) shed 1.76% or 1.62 points to 90.44.

The top performers on the MDAX were Drillisch AG (DE: DRIG ) which rose 2.29% to 38.420, Stroeer SE (DE: SAXG ) which was up 2.03% to settle at 48.300 and Grand City Properties SA (DE: GYC ) which gained 1.43% to close at 21.30.

The worst performers were Morphosys AG O.N. (DE: MORG ) which was down 7.71% to 96.9000 in late trade, Schaeffler AG Pref (DE: SHA_p ) which lost 4.51% to settle at 7.71 and Aurubis AG (DE: NAFG ) which was down 4.35% to 46.870 at the close.

The top performers on the TecDAX were Dr. Hoenle AG O.N. (DE: HNLG ) which rose 4.76% to 52.800, SMA Solar Technology AG (DE: S92G ) which was up 4.22% to settle at 21.720 and Xing AG (DE: OBCGn ) which gained 2.10% to close at 268.00.

The worst performers were Koenig & Bauer AG ST O.N. (DE: SKBG ) which was down 4.82% to 41.820 in late trade, Zooplus AG (DE: ZO1G ) which lost 4.72% to settle at 107.00 and SLM Solutions Group AG (DE: AM3D ) which was down 4.04% to 9.98 at the close.

Declining stocks outnumbered rising ones by 465 to 236 and 78 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 7.56% to 17.79.

In commodities trading, Gold Futures for February delivery was up 0.37% or 4.75 to $1302.85 a troy ounce. Meanwhile, Crude oil for delivery in March fell 3.71% or 1.99 to hit $51.70 a barrel, while the April Brent oil contract fell 3.13% or 1.93 to trade at $59.66 a barrel.

EUR/USD was up 0.24% to 1.1440, while EUR/GBP rose 0.46% to 0.8683.

The US Dollar Index Futures was down 0.13% at 95.343.