Germany shares lower at close of trade; DAX down 1.53%

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Germany shares lower at close of trade; DAX down 1.53%
Credit: © Reuters. – Germany equities were lower at the close on Tuesday, as losses in the Insurance , Media and Construction sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 1.53%, while the MDAX index declined 1.29%, and the TecDAX index lost 1.84%.

The biggest gainers of the session on the DAX were Vonovia SE (DE: VNAn ), which rose 0.89% or 0.35 points to trade at 39.70 at the close. Thyssenkrupp AG O.N. (DE: TKAG ) added 0.48% or 0.110 points to end at 22.840 and Fresenius SE & Co KGAA O.N. (DE: FREG ) was up 0.12% or 0.080 points to 67.080 in late trade.

Biggest losers included Deutsche Bank AG NA O.N. (DE: DBKGn ), which lost 4.60% or 0.473 points to trade at 9.817 in late trade. Commerzbank AG O.N. (DE: CBKG ) declined 4.06% or 0.379 points to end at 8.962 and Muench. Rueckvers. VNA O.N. (DE: MUVGn ) shed 3.70% or 6.95 points to 181.00.

The top performers on the MDAX were Aroundtown Property Holdings PLC (DE: AT1 ) which rose 0.94% to 6.975, Rocket Internet (DE: RKET ) which was up 0.44% to settle at 23.00 and Tag Immobilien AG (DE: TEGG ) which gained 0.28% to close at 17.940.

The worst performers were Axel Springer SE (DE: SPRGn ) which was down 4.95% to 60.550 in late trade, Jungheinrich AG O.N.VZO (DE: JUNG_p ) which lost 4.57% to settle at 34.240 and Leoni AG (DE: LEOGn ) which was down 4.29% to 52.600 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE: RIB ) which rose 0.88% to 20.700, Aixtron SE (DE: AIXGn ) which was up 0.45% to settle at 13.500 and SLM Solutions Group AG (DE: AM3D ) which lost 0.15% to close at 32.50.

The worst performers were Sartorius AG VZO O.N. (DE: SATG_p ) which was down 5.47% to 131.300 in late trade, GFT Technologies AG (DE: GFTG ) which lost 5.03% to settle at 13.790 and CompuGroup Medical AG O.N. (DE: COPMa ) which was down 4.77% to 39.100 at the close.

Declining stocks outnumbered rising ones by 549 to 180 and 59 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 6.61% to 19.15 a new 1-month high.

In commodities trading, Gold Futures for June delivery was up 0.01% or 0.10 to $1303.80 a troy ounce. Meanwhile, Crude oil for delivery in July fell 2.84% or 1.93 to hit $65.95 a barrel, while the August Brent oil contract fell 0.78% or 0.59 to trade at $74.73 a barrel.

EUR/USD was down 0.64% to 1.1551, while EUR/GBP fell 0.22% to 0.8714.

The US Dollar Index Futures was up 0.40% at 94.74.

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