Germany shares lower at close of trade; DAX down 0.94%

Investing.com – Germany equities were lower at the close on Thursday, as losses in the Chemicals , Utilities and Insurance sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 0.94%, while the MDAX index lost 0.91%, and the TecDAX index lost 0.89%.

The biggest gainers of the session on the DAX were Fresenius Medical Care KGAA ST (DE: FMEG ), which rose 1.82% or 1.240 points to trade at 69.420 at the close. Henkel & Co KGaA AG Pref (DE: HNKG_p ) added 0.58% or 0.58 points to end at 99.98 and Thyssenkrupp AG O.N. (DE: TKAG ) was up 0.37% or 0.060 points to 16.200 in late trade.

Biggest losers included Covestro AG (DE: 1COV ), which lost 3.82% or 1.900 points to trade at 47.880 in late trade. Linde PLC (DE: LINI ) declined 1.98% or 2.800 points to end at 138.300 and E.ON SE NA (DE: EONGn ) shed 1.97% or 0.181 points to 9.000.

The top performers on the MDAX were Morphosys AG O.N. (DE: MORG ) which rose 3.44% to 97.8500, Rheinmetall AG (DE: RHMG ) which was up 2.00% to settle at 78.420 and Delivery Hero AG (DE: DHER ) which gained 1.56% to close at 32.46.

The worst performers were Uniper SE (DE: UN01 ) which was down 3.05% to 24.510 in late trade, Nemetschek AG O.N. (DE: NEKG ) which lost 2.83% to settle at 99.700 and GEA Group AG (DE: G1AG ) which was down 2.62% to 26.050 at the close.

The top performers on the TecDAX were SLM Solutions Group AG (DE: AM3D ) which rose 13.21% to 12.00, Kloeckner & Co SE NA (DE: KCOGn ) which was up 4.30% to settle at 7.2750 and JOST Werke AG (DE: JSTG ) which gained 4.11% to close at 30.4000.

The worst performers were Dialog Semiconductor (DE: DLGS ) which was down 3.00% to 22.6200 in late trade, SAF Holland SA (DE: SFQN ) which lost 2.94% to settle at 12.550 and Borussia Dortmund GmbH & Co KGaA (DE: BVB ) which was down 2.92% to 8.635 at the close.

Declining stocks outnumbered rising ones by 476 to 237 and 67 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 3.17% to 19.83.

In commodities trading, Gold Futures for December delivery was unchanged 0.00% or 0.00 to $1228.00 a troy ounce. Meanwhile, Crude oil for delivery in January fell 1.45% or 0.79 to hit $53.84 a barrel, while the January Brent oil contract fell 1.29% or 0.82 to trade at $62.66 a barrel.

EUR/USD was up 0.19% to 1.1406, while EUR/GBP fell 0.58% to 0.8857.

The US Dollar Index Futures was down 0.21% at 96.382.