Germany shares lower at close of trade; DAX down 0.29%

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Germany shares lower at close of trade; DAX down 0.29%
Credit: © Reuters. – Germany equities were lower at the close on Monday, as losses in the Food & Beverages , Pharmaceuticals & Healthcare and Retail sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 0.29%, while the MDAX index lost 0.07%, and the TecDAX index lost 0.38%.

The biggest gainers of the session on the DAX were RWE AG ST O.N. (DE: RWEG ), which rose 2.34% or 0.330 points to trade at 14.460 at the close. Vonovia SE (DE: VNAn ) added 1.60% or 0.51 points to end at 32.09 and Infineon Technologies AG NA O.N. (DE: IFXGn ) was up 0.74% or 0.120 points to 16.355 in late trade.

Biggest losers included Commerzbank AG O.N. (DE: CBKG ), which lost 1.84% or 0.116 points to trade at 6.187 in late trade. Deutsche Bank AG NA O.N. (DE: DBKGn ) declined 1.28% or 0.170 points to end at 13.155 and Bay.Motoren Werke AG ST (DE: BMWG ) shed 1.00% or 0.800 points to 79.370.

The top performers on the MDAX were Stroeer SE (DE: SAXG ) which rose 3.85% to 41.525, Deutsche Wohnen AG Inh (DE: DWNG ) which was up 1.82% to settle at 29.720 and Steinhoff International Holdings NV (DE: SNHG ) which gained 1.70% to close at 4.84.

The worst performers were Fielmann AG (DE: FIEG ) which was down 6.41% to 63.180 in late trade, Rhoen Klinikum AG (DE: RHKG ) which lost 2.82% to settle at 25.355 and Deutsche Pfandbriefbank AG (DE: PBBG ) which was down 2.72% to 9.36 at the close.

The top performers on the TecDAX were Draegerwerk VZO O.N. (DE: DRWG_p ) which rose 5.93% to 64.980, Siltronic AG (DE: WAFGn ) which was up 5.30% to settle at 32.770 and RIB Software AG Na (DE: RIB ) which gained 3.26% to close at 12.335.

The worst performers were Cancom SE O.N. (DE: COKG ) which was down 2.34% to 41.360 in late trade, Dialog Semiconductor (DE: DLGS ) which lost 2.18% to settle at 35.750 and Pfeiffer Vacuum Technology O.N. (DE: PV ) which was down 1.93% to 82.670 at the close.

Declining stocks outnumbered rising ones by 540 to 347 and 25 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 10.36% to 20.53 a new 1-month high.

In commodities trading, Gold for December delivery was down 0.07% or 0.95 to $1275.85 a troy ounce. Meanwhile, Crude oil for delivery in December fell 3.22% or 1.57 to hit $47.13 a barrel, while the January Brent oil contract fell 3.49% or 1.77 to trade at $48.91 a barrel.

EUR/USD was down 0.09% to 1.0976, while EUR/GBP fell 0.43% to 0.8977.

The US Dollar Index was up 0.05% at 98.36.

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