Germany shares lower at close of trade; DAX down 1.30%

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Germany shares lower at close of trade; DAX down 1.30%
Credit: © Reuters. – Germany equities were lower at the close on Tuesday, as losses in the Technology , Financial Services and Software sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 1.30%, while the MDAX index fell 1.20%, and the TecDAX index lost 1.04%.

The biggest gainers of the session on the DAX were Bayer AG NA (DE: BAYGN ), which rose 0.55% or 0.500 points to trade at 90.790 at the close. Prosiebensat 1 Media AG (DE: PSMGn ) fell 0.11% or 0.045 points to end at 39.215 and Henkel & Co KGaA AG Pref (DE: HNKG ) was down 0.64% or 0.750 points to 116.150 in late trade.

Biggest losers included Deutsche Bank AG NA O.N. (DE: DBKGn ), which lost 3.84% or 0.505 points to trade at 12.650 in late trade. Thyssenkrupp AG O.N. (DE: TKAG ) declined 2.77% or 0.585 points to end at 20.505 and Fresenius SE & Co KGAA O.N. (DE: FREG ) shed 2.45% or 1.650 points to 65.590.

The top performers on the MDAX were Fraport AG (DE: FRAG ) which rose 3.98% to 56.220, Wacker Chemie O.N. (DE: WCHG ) which was up 0.44% to settle at 81.500 and Rhoen Klinikum AG (DE: RHKG ) which gained 0.39% to close at 25.455.

The worst performers were Jungheinrich AG O.N.VZO (DE: JUNG_p ) which was down 5.11% to 27.275 in late trade, Deutsche Wohnen AG Inh (DE: DWNG ) which lost 3.10% to settle at 28.800 and Stroeer SE (DE: SAXG ) which was down 2.44% to 40.510 at the close.

The top performers on the TecDAX were Pfeiffer Vacuum Technology O.N. (DE: PV ) which rose 8.00% to 89.280, Draegerwerk VZO O.N. (DE: DRWG_p ) which was up 2.55% to settle at 66.640 and Aixtron SE (F: AIXC ) which gained 0.79% to close at 4.438.

The worst performers were S&T AG (F: SANT1 ) which was down 4.06% to 8.710 in late trade, STRATEC Biomedical AG (DE: SBSG ) which lost 3.64% to settle at 50.100 and Nordex SE O.N. (DE: NDXG ) which was down 3.03% to 23.230 at the close.

Declining stocks outnumbered rising ones by 658 to 201 and 28 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 10.98% to 22.78 a new 3-month high.

In commodities trading, Gold for December delivery was up 1.36% or 17.35 to $1290.45 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.77% or 0.36 to hit $46.50 a barrel, while the January Brent oil contract fell 0.93% or 0.45 to trade at $48.16 a barrel.

EUR/USD was up 0.73% to 1.1060, while EUR/GBP rose 0.74% to 0.9030.

The US Dollar Index was down 0.59% at 97.74.

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