Germany shares lower at close of trade; DAX down 0.85%

Investing.com – Germany equities were lower at the close on Monday, as losses in the Software , Retail and Consumer & Cyclical sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 0.85%, while the MDAX index lost 1.24%, and the TecDAX index fell 1.67%.

The biggest gainers of the session on the DAX were Linde PLC (DE: LINI ), which rose 2.43% or 3.300 points to trade at 139.300 at the close. Volkswagen AG VZO O.N. (DE: VOWG_p ) added 1.95% or 2.80 points to end at 146.72 and RWE AG ST O.N. (DE: RWEG ) was up 1.15% or 0.220 points to 19.300 in late trade.

Biggest losers included Wirecard AG (DE: WDIG ), which lost 7.02% or 10.375 points to trade at 137.425 in late trade. SAP SE (DE: SAPG ) declined 3.00% or 2.750 points to end at 88.950 and Fresenius SE & Co KGAA O.N. (DE: FREG ) shed 2.94% or 1.560 points to 51.460.

The top performers on the MDAX were Drillisch AG (DE: DRIG ) which rose 5.85% to 43.460, United Internet AG NA (DE: UTDI ) which was up 2.18% to settle at 38.470 and Schaeffler AG Pref (DE: SHA_p ) which gained 1.98% to close at 7.92.

The worst performers were Wacker Chemie O.N. (DE: WCHG ) which was down 5.86% to 79.53 in late trade, Zalando SE (DE: ZALG ) which lost 5.58% to settle at 27.23 and Sartorius AG VZO O.N. (DE: SATG_p ) which was down 4.92% to 114.100 at the close.

The top performers on the TecDAX were Steinhoff International Holdings NV (DE: SNHG ) which rose 6.67% to 0.13, SLM Solutions Group AG (DE: AM3D ) which was up 3.60% to settle at 10.36 and Cewe Color Holding O.N. (DE: CWCG ) which gained 3.51% to close at 67.900.

The worst performers were Isra Vision O.N. (DE: ISRG ) which was down 6.15% to 33.60 in late trade, Borussia Dortmund GmbH & Co KGaA (DE: BVB ) which lost 5.56% to settle at 8.915 and Aumann AG (DE: AAGG ) which was down 5.47% to 36.3000 at the close.

Declining stocks outnumbered rising ones by 471 to 241 and 63 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 0.21% to 19.15.

In commodities trading, Gold Futures for December delivery was up 0.13% or 1.60 to $1222.40 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.23% or 0.13 to hit $56.59 a barrel, while the January Brent oil contract fell 0.72% or 0.48 to trade at $66.28 a barrel.

EUR/USD was up 0.28% to 1.1446, while EUR/GBP rose 0.09% to 0.8909.

The US Dollar Index Futures was down 0.23% at 96.11.