Germany shares lower at close of trade; DAX down 0.26%

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

At the close in Frankfurt, the DAX fell 0.26%, while the MDAX index fell 0.82%, and the TecDAX index fell 0.26%.

The biggest gainers of the session on the DAX were E.ON SE NA (DE: EONGn ), which rose 2.33% or 0.221 points to trade at 9.700 at the close. RWE AG ST O.N. (DE: RWEG ) added 1.80% or 0.370 points to end at 20.920 and Deutsche Telekom AG Na (DE: DTEGn ) was up 1.48% or 0.200 points to 13.740 in late trade.

Biggest losers included Fresenius Medical Care KGAA ST (DE: FMEG ), which lost 4.12% or 3.540 points to trade at 82.380 in late trade. Infineon Technologies AG NA O.N. (DE: IFXGn ) declined 1.87% or 0.400 points to end at 20.940 and Covestro AG (DE: 1COV ) shed 1.66% or 1.240 points to 73.500.

The top performers on the MDAX were Delivery Hero AG (DE: DHER ) which rose 1.20% to 47.30, Rocket Internet (DE: RKET ) which was up 1.15% to settle at 28.14 and Hannover Rueck SE (DE: HNRGn ) which gained 1.03% to close at 107.90.

The worst performers were CTS Eventim AG (DE: EVDG ) which was down 6.70% to 39.000 in late trade, Norma Group AG NA O.N. (DE: NOEJ ) which lost 4.06% to settle at 56.700 and Jungheinrich AG O.N.VZO (DE: JUNG_p ) which was down 4.01% to 30.200 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE: NDXG ) which rose 8.26% to 9.590, Freenet AG NA (DE: FNTGn ) which was up 2.49% to settle at 23.450 and CompuGroup Medical AG O.N. (DE: COPMa ) which gained 2.40% to close at 45.140.

The worst performers were Siltronic AG (DE: WAFGn ) which was down 7.02% to 115.200 in late trade, Isra Vision O.N. (DE: ISRG ) which lost 4.88% to settle at 54.60 and Xing AG (DE: OBCGn ) which was down 3.32% to 277.00 at the close.

Declining stocks outnumbered rising ones by 414 to 293 and 69 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 0.77% to 17.50.

In commodities trading, Gold Futures for August delivery was up 0.30% or 3.70 to $1257.20 a troy ounce. Meanwhile, Crude oil for delivery in August unchanged 0.00% or 0.00 to hit $74.14 a barrel, while the September Brent oil contract rose 0.23% or 0.18 to trade at $77.94 a barrel.

EUR/USD was down 0.15% to 1.1641, while EUR/GBP fell 0.31% to 0.8807.

The US Dollar Index Futures was up 0.06% at 94.38.