Germany shares lower at close of trade; DAX down 0.19%

Investing.com – Germany equities were lower at the close on Wednesday, as losses in the Food & Beverages , Utilities and Financial Services sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 0.19%, while the MDAX index declined 0.40%, and the TecDAX index fell 0.20%.

The biggest gainers of the session on the DAX were Continental AG O.N. (DE: CONG ), which rose 3.57% or 4.44 points to trade at 128.86 at the close. Deutsche Bank AG NA O.N. (DE: DBKGn ) added 2.45% or 0.155 points to end at 6.485 and Covestro AG (DE: 1COV ) was up 2.42% or 1.030 points to 43.620 in late trade.

Biggest losers included Vonovia SE (DE: VNAn ), which lost 3.28% or 1.51 points to trade at 44.54 in late trade. RWE AG ST O.N. (DE: RWEG ) declined 2.72% or 0.640 points to end at 22.900 and Wirecard AG (DE: WDIG ) shed 2.55% or 3.950 points to 151.050.

The top performers on the MDAX were Drillisch AG (DE: DRIG ) which rose 9.54% to 27.560, Siltronic AG (DE: WAFGn ) which was up 4.85% to settle at 55.800 and Leoni AG (DE: LEOGn ) which gained 3.80% to close at 14.220.

The worst performers were Carl Zeiss Meditec AG (DE: AFXG ) which was down 5.51% to 89.150 in late trade, Deutsche Wohnen AG (DE: DWNG ) which lost 4.77% to settle at 34.750 and Grand City Properties SA (DE: GYC ) which was down 4.21% to 21.38 at the close.

The top performers on the TecDAX were Drillisch AG (DE: DRIG ) which rose 9.54% to 27.560, Draegerwerk VZO O.N. (DE: DRWG_p ) which was up 5.71% to settle at 55.500 and Siltronic AG (DE: WAFGn ) which gained 4.85% to close at 55.800.

The worst performers were Carl Zeiss Meditec AG (DE: AFXG ) which was down 5.51% to 89.150 in late trade, SLM Solutions Group AG (DE: AM3D ) which lost 3.57% to settle at 10.26 and Wirecard AG (DE: WDIG ) which was down 2.55% to 151.050 at the close.

Declining stocks outnumbered rising ones by 362 to 338 and 78 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 1.63% to 14.33.

In commodities trading, Gold Futures for August delivery was down 0.09% or 1.15 to $1349.55 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.46% or 0.25 to hit $53.86 a barrel, while the August Brent oil contract fell 0.26% or 0.16 to trade at $61.98 a barrel.

EUR/USD was up 0.21% to 1.1215, while EUR/GBP fell 0.35% to 0.8880.

The US Dollar Index Futures was down 0.23% at 96.928.