Germany shares lower at close of trade; DAX down 1.58%

Investing.com – Germany equities were lower at the close on Tuesday, as losses in the Basic Resources , Chemicals and Technology sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 1.58%, while the MDAX index fell 0.78%, and the TecDAX index lost 0.52%.

The biggest gainers of the session on the DAX were Vonovia SE (DE: VNAn ), which rose 5.23% or 2.34 points to trade at 47.10 at the close. Wirecard AG (DE: WDIG ) added 4.01% or 5.075 points to end at 131.625 and RWE AG ST O.N. (DE: RWEG ) was up 1.95% or 0.420 points to 21.990 in late trade.

Biggest losers included Henkel & Co KGaA AG Pref (DE: HNKG_p ), which lost 5.01% or 4.59 points to trade at 87.07 in late trade. Covestro AG (DE: 1COV ) declined 4.19% or 1.980 points to end at 45.310 and BASF SE NA O.N. (DE: BASFN ) shed 3.70% or 2.550 points to 66.450.

The top performers on the MDAX were Deutsche Wohnen AG (DE: DWNG ) which rose 3.13% to 41.480, Tag Immobilien AG (DE: TEGG ) which was up 2.61% to settle at 20.480 and Hochtief AG (DE: HOTG ) which gained 2.51% to close at 122.40.

The worst performers were Wacker Chemie O.N. (DE: WCHG ) which was down 4.35% to 74.36 in late trade, Duerr AG (DE: DUEG ) which lost 4.26% to settle at 36.860 and GEA Group AG (DE: G1AG ) which was down 4.14% to 23.400 at the close.

The top performers on the TecDAX were Wirecard AG (DE: WDIG ) which rose 4.01% to 131.625, Drillisch AG (DE: DRIG ) which was up 2.17% to settle at 32.920 and Medigene NA O.N. (DE: MDG1k ) which gained 2.16% to close at 8.985.

The worst performers were Qiagen NV (DE: QIA ) which was down 3.95% to 33.110 in late trade, Siltronic AG (DE: WAFGn ) which lost 3.77% to settle at 83.800 and Pfeiffer Vacuum Technology O.N. (DE: PV ) which was down 3.74% to 144.30 at the close.

Declining stocks outnumbered rising ones by 458 to 233 and 86 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 11.47% to 18.08 a new 1-month high.

In commodities trading, Gold Futures for June delivery was up 0.17% or 2.15 to $1285.95 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.33% or 0.83 to hit $61.42 a barrel, while the July Brent oil contract fell 1.47% or 1.05 to trade at $70.19 a barrel.

EUR/USD was down 0.19% to 1.1176, while EUR/GBP rose 0.11% to 0.8557.

The US Dollar Index Futures was up 0.17% at 97.438.