Germany shares lower at close of trade; DAX down 1.55%

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Germany shares lower at close of trade; DAX down 1.55%
Credit: © Reuters.

Investing.com – Germany equities were lower at the close on Thursday, as losses in the Technology , Software and Industrials sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 1.55%, while the MDAX index lost 1.39%, and the TecDAX index fell 2.92%.

The biggest gainers of the session on the DAX were RWE AG ST O.N. (DE: RWEG ), which rose 1.17% or 0.225 points to trade at 19.525 at the close. E.ON SE NA (DE: EONGn ) added 1.10% or 0.098 points to end at 8.998 and Deutsche Telekom AG Na (DE: DTEGn ) was up 0.74% or 0.110 points to 14.930 in late trade.

Biggest losers included Wirecard AG (DE: WDIG ), which lost 5.85% or 7.900 points to trade at 127.050 in late trade. Infineon Technologies AG NA O.N. (DE: IFXGn ) declined 4.69% or 0.815 points to end at 16.575 and Fresenius SE & Co KGAA O.N. (DE: FREG ) shed 4.59% or 1.980 points to 41.200.

The top performers on the MDAX were Zalando SE (DE: ZALG ) which rose 4.40% to 23.97, Grand City Properties SA (DE: GYC ) which was up 1.91% to settle at 19.20 and Deutsche Pfandbriefbank AG (DE: PBBG ) which gained 1.61% to close at 8.82.

The worst performers were Bechtle AG (DE: BC8G ) which was down 8.92% to 62.300 in late trade, Delivery Hero AG (DE: DHER ) which lost 7.63% to settle at 29.52 and Wacker Chemie O.N. (DE: WCHG ) which was down 5.49% to 75.02 at the close.

The top performers on the TecDAX were Hamburger Hafen Und Logistik A-SP (DE: HHFGn ) which rose 3.16% to 17.970, VTG AG O.N. (DE: VT9G ) which was up 2.82% to settle at 51.000 and Steinhoff International Holdings NV (DE: SNHG ) which unchanged 3.45% to close at 0.10.

The worst performers were Aixtron SE NA O.N. (DE: AIXGn ) which was down 10.28% to 7.8560 in late trade, Dialog Semiconductor (DE: DLGS ) which lost 9.70% to settle at 19.4950 and SAF Holland SA (DE: SFQN ) which was down 9.48% to 10.030 at the close.

Declining stocks outnumbered rising ones by 442 to 260 and 69 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 2.28% to 23.78.

In commodities trading, Gold Futures for February delivery was up 0.59% or 7.60 to $1291.70 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.69% or 0.32 to hit $46.86 a barrel, while the March Brent oil contract rose 1.00% or 0.55 to trade at $55.46 a barrel.

EUR/USD was up 0.48% to 1.1397, while EUR/GBP rose 0.37% to 0.9026.

The US Dollar Index Futures was down 0.54% at 95.903.

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