Germany stocks lower at close of trade; DAX down 0.33%

Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Construction , Transportation & Logistics and Insurance sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.33%, while the MDAX index fell 0.20%, and the TecDAX index lost 0.50%.

The best performers of the session on the DAX were Adidas AG (ETR:ADSGN ), which rose 1.89% or 4.40 points to trade at 237.20 at the close. Meanwhile, Rheinmetall AG (ETR:RHMG ) added 1.14% or 5.80 points to end at 516.80 and Deutsche Boerse AG (ETR:DB1Gn ) was up 1.05% or 2.20 points to 212.60 in late trade.

The worst performers of the session were Sartorius AG VZO O.N. (ETR:SATG_p ), which fell 1.98% or 4.90 points to trade at 242.00 at the close. Munich Reinsurance (ETR:MUVGn ) declined 1.71% or 8.30 points to end at 478.30 and Commerzbank AG O.N. (ETR:CBKG ) was down 1.51% or 0.25 points to 16.02.

The top performers on the MDAX were Lanxess AG (ETR:LXSG ) which rose 4.20% to 29.28, Wacker Chemie O.N. (ETR:WCHG ) which was up 4.09% to settle at 93.20 and Carl Zeiss Meditec AG (ETR:AFXG ) which gained 2.34% to close at 67.85.

The worst performers were Tui AG NA (ETR:TUI1n ) which was down 4.69% to 6.39 in late trade, Deutsche Lufthansa AG (ETR:LHAG ) which lost 4.49% to settle at 6.13 and Nordex SE O.N. (ETR:NDXG ) which was down 4.00% to 12.96 at the close.

The top performers on the TecDAX were Eckert & Ziegler AG O.N. (ETR:EUZG ) which rose 4.46% to 45.86, PNE Wind AG (ETR:PNEGn ) which was up 2.89% to settle at 12.10 and Carl Zeiss Meditec AG (ETR:AFXG ) which gained 2.34% to close at 67.85.

The worst performers were Nordex SE O.N. (ETR:NDXG ) which was down 4.00% to 12.96 in late trade, SMA Solar Technology AG (ETR:S92G ) which lost 2.03% to settle at 17.87 and Freenet AG NA (ETR:FNTGn ) which was down 2.02% to 26.24 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 341 to 269 and 33 ended unchanged.

Shares in Deutsche Boerse AG (ETR:DB1Gn ) rose to all time highs; rising 1.05% or 2.20 to 212.60. Shares in Lanxess AG (ETR:LXSG ) rose to 52-week highs; gaining 4.20% or 1.18 to 29.28.

The DAX volatility index , which measures the implied volatility of DAX options, was up 14.14% to 18.84.

Gold Futures for December delivery was down 0.65% or 17.50 to $2,672.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.36% or 0.25 to hit $70.08 a barrel, while the December Brent oil contract rose 0.30% or 0.22 to trade at $73.78 a barrel.

EUR/USD was unchanged 0.12% to 1.11, while EUR/GBP unchanged 0.05% to 0.83.

The US Dollar Index Futures was up 0.33% at 101.26.

Source: Investing.com