Germany shares lower at close of trade; DAX down 0.50%

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Germany shares lower at close of trade; DAX down 0.50%
Credit: © Reuters. – Germany equities were lower at the close on Tuesday, as losses in the Technology , Basic Resources and Software sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 0.50%, while the MDAX index lost 0.04%, and the TecDAX index fell 1.91%.

The biggest gainers of the session on the DAX were Lufthansa AG VNA O.N. (DE: LHAG ), which rose 3.70% or 0.565 points to trade at 15.830 at the close. RWE AG ST O.N. (DE: RWEG ) added 0.67% or 0.105 points to end at 15.760 and Vonovia SE (DE: VNAn ) was up 0.60% or 0.20 points to 34.15 in late trade.

Biggest losers included Commerzbank AG O.N. (DE: CBKG ), which lost 2.03% or 0.169 points to trade at 8.164 in late trade. Deutsche Bank AG NA O.N. (DE: DBKGn ) declined 1.58% or 0.245 points to end at 15.305 and Infineon Technologies AG NA O.N. (DE: IFXGn ) shed 1.52% or 0.285 points to 18.520.

The top performers on the MDAX were Fraport AG (DE: FRAG ) which rose 4.17% to 71.210, Steinhoff International Holdings NV (DE: SNHG ) which was up 1.47% to settle at 4.70 and Hochtief AG (DE: HOTG ) which gained 1.00% to close at 162.00.

The worst performers were Salzgitter AG (DE: SZGG ) which was down 3.06% to 32.835 in late trade, Deutsche Pfandbriefbank AG (DE: PBBG ) which lost 1.61% to settle at 11.61 and Evonik Industries AG (DE: EVKn ) which was down 1.58% to 29.605 at the close.

The top performers on the TecDAX were Aixtron SE NA O.N. (DE: AIXGn ) which rose 4.24% to 3.788, Drillisch AG (DE: DRIG ) which was up 0.89% to settle at 48.480 and CompuGroup Medical AG O.N. (DE: COPMa ) which gained 0.84% to close at 41.600.

The worst performers were Dialog Semiconductor (DE: DLGS ) which was down 14.37% to 40.915 in late trade, Medigene NA O.N. (DE: MDG1k ) which lost 4.25% to settle at 12.060 and RIB Software AG Na (DE: RIB ) which was down 3.93% to 12.460 at the close.

Declining stocks outnumbered rising ones by 490 to 244 and 25 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 4.73% to 20.56 a new 3-month high.

In commodities trading, Gold Futures for June delivery was up 1.52% or 19.05 to $1272.95 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.30% or 0.16 to hit $52.92 a barrel, while the June Brent oil contract fell 0.52% or 0.29 to trade at $55.69 a barrel.

EUR/USD was up 0.15% to 1.0613, while EUR/GBP fell 0.41% to 0.8502.

The US Dollar Index Futures was down 0.32% at 100.62.

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