Germany shares mixed at close of trade; DAX down 0.53%

Investing.com – Germany equities were mixed at the close on Monday, as gains in the Software , Financial Services and Food & Beverages sectors propelled shares higher while losses in the Pharmaceuticals & Healthcare , Retail and Construction sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.53% to hit a new 1-month low, while the MDAX index climbed 0.11%, and the TecDAX index gained 0.52%.

The biggest gainers of the session on the DAX were Deutsche Boerse AG (DE: DB1Gn ), which rose 1.61% or 1.800 points to trade at 113.700 at the close. SAP SE (DE: SAPG ) added 1.47% or 1.450 points to end at 100.100 and Adidas AG (DE: ADSGN ) was up 1.31% or 2.70 points to 208.40 in late trade.

Biggest losers included Bayer AG NA (DE: BAYGN ), which lost 10.74% or 10.03 points to trade at 83.33 in late trade. Deutsche Bank AG NA O.N. (DE: DBKGn ) declined 2.04% or 0.210 points to end at 10.096 and Commerzbank AG O.N. (DE: CBKG ) shed 1.99% or 0.168 points to 8.285.

The top performers on the MDAX were Scout24 AG (DE: G24n ) which rose 4.97% to 46.080, LEG Immobilien AG (DE: LEGn ) which was up 2.15% to settle at 100.600 and Puma SE (DE: PUMG ) which gained 1.89% to close at 431.50.

The worst performers were GEA Group AG (DE: G1AG ) which was down 2.35% to 32.350 in late trade, Osram Licht AG (DE: OSRn ) which lost 2.30% to settle at 37.39 and Schaeffler AG Pref (DE: SHA_p ) which was down 1.87% to 11.79 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE: MDG1k ) which rose 4.87% to 13.790, Evotec AG O.N. (DE: EVTG ) which was up 3.59% to settle at 19.900 and Carl Zeiss Meditec AG (DE: AFXG ) which gained 3.58% to close at 73.800.

The worst performers were Jenoptik AG (DE: JENG ) which was down 3.06% to 32.360 in late trade, Dialog Semiconductor (DE: DLGS ) which lost 1.62% to settle at 17.955 and SLM Solutions Group AG (DE: AM3D ) which was down 1.41% to 24.45 at the close.

Declining stocks outnumbered rising ones by 418 to 299 and 62 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 1.43% to 18.19 a new 1-month high.

In commodities trading, Gold Futures for December delivery was down 1.36% or 16.60 to $1202.40 a troy ounce. Meanwhile, Crude oil for delivery in September fell 2.20% or 1.49 to hit $66.14 a barrel, while the October Brent oil contract fell 1.85% or 1.35 to trade at $71.46 a barrel.

EUR/USD was down 0.15% to 1.1394, while EUR/GBP fell 0.04% to 0.8933.

The US Dollar Index Futures was up 0.06% at 96.25.