Germany shares lower at close of trade; DAX down 0.45%

Investing.com – Germany equities were lower at the close on Wednesday, as losses in the Media , Construction and Telecoms sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 0.45%, while the MDAX index fell 0.11%, and the TecDAX index fell 0.31%.

The biggest gainers of the session on the DAX were Deutsche Bank AG NA O.N. (DE: DBKGn ), which rose 0.44% or 0.060 points to trade at 13.800 at the close. Fresenius SE & Co KGAA O.N. (DE: FREG ) added 0.34% or 0.240 points to end at 70.650 and BASF SE NA O.N. (DE: BASFN ) was up 0.18% or 0.150 points to 82.370 in late trade.

Biggest losers included Prosiebensat 1 Media AG (DE: PSMGn ), which lost 3.74% or 1.275 points to trade at 32.810 in late trade. Thyssenkrupp AG O.N. (DE: TKAG ) declined 1.16% or 0.295 points to end at 25.100 and Heidelbergcement AG O.N. (DE: HEIG ) shed 0.99% or 0.800 points to 80.170.

The top performers on the MDAX were K+S AG NA O.N. (DE: SDFGn ) which rose 4.46% to 20.750, STADA Arzneimittel VNA O.N. (DE: STAGn ) which was up 1.68% to settle at 78.000 and Wacker Chemie O.N. (DE: WCHG ) which gained 1.05% to close at 106.30.

The worst performers were Stroeer SE (DE: SAXG ) which was down 2.71% to 54.590 in late trade, Deutsche Pfandbriefbank AG (DE: PBBG ) which lost 2.07% to settle at 11.82 and RTL Group SA (DE: RRTL ) which was down 1.63% to 65.920 at the close.

The top performers on the TecDAX were RIB Software AG Na (DE: RIB ) which rose 6.45% to 16.100, Aixtron SE (DE: AIXGn ) which was up 2.04% to settle at 7.599 and Slm Solution G (DE: AM3D ) which gained 1.62% to close at 30.71.

The worst performers were Adva Optical Networking SE (DE: ADAG ) which was down 7.66% to 5.823 in late trade, GFT Technologies AG (DE: GFTG ) which lost 2.27% to settle at 15.900 and Nordex SE O.N. (DE: NDXG ) which was down 2.08% to 11.560 at the close.

Declining stocks outnumbered rising ones by 441 to 317 and 35 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 0.36% to 15.56.

In commodities trading, Gold Futures for December delivery was up 0.14% or 1.81 to $1292.81 a troy ounce. Meanwhile, Crude oil for delivery in October rose 1.07% or 0.51 to hit $48.34 a barrel, while the October Brent oil contract rose 1.16% or 0.60 to trade at $52.47 a barrel.

EUR/USD was up 0.33% to 1.1800, while EUR/GBP rose 0.60% to 0.9227.

The US Dollar Index Futures was down 0.22% at 93.21.