Germany shares lower at close of trade; DAX down 0.62%

Investing.com – Germany equities were lower at the close on Thursday, as losses in the Software , Basic Resources and Chemicals sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 0.62%, while the MDAX index declined 0.60%, and the TecDAX index declined 0.27%.

The biggest gainers of the session on the DAX were Deutsche Post AG NA O.N. (DE: DPWGn ), which rose 1.15% or 0.330 points to trade at 29.070 at the close. Daimler AG NA O.N. (DE: DAIGn ) added 0.65% or 0.380 points to end at 58.640 and Volkswagen AG VZO O.N. (DE: VOWG_p ) was up 0.46% or 0.68 points to 148.00 in late trade.

Biggest losers included SAP SE (DE: SAPG ), which lost 3.53% or 3.700 points to trade at 100.980 in late trade. Continental AG O.N. (DE: CONG ) declined 1.73% or 3.50 points to end at 199.20 and Thyssenkrupp AG O.N. (DE: TKAG ) shed 1.44% or 0.330 points to 22.540.

The top performers on the MDAX were Osram Licht AG (DE: OSRn ) which rose 1.58% to 35.93, Fielmann AG (DE: FIEG ) which was up 1.02% to settle at 59.450 and Schaeffler AG Pref (DE: SHA_p ) which gained 0.79% to close at 11.54.

The worst performers were Puma SE (DE: PUMG ) which was down 4.75% to 481.00 in late trade, Symrise AG Inh. O.N. (DE: SY1G ) which lost 2.60% to settle at 76.540 and Kion Group AG (DE: KGX ) which was down 2.01% to 63.44 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (DE: MORG ) which rose 3.71% to 117.400, Software AG (DE: SOWGn ) which was up 2.99% to settle at 41.620 and Evotec AG O.N. (DE: EVTG ) which gained 1.86% to close at 16.685.

The worst performers were Carl Zeiss Meditec AG (DE: AFXG ) which was down 2.69% to 65.000 in late trade, Jenoptik AG (DE: JENG ) which lost 2.54% to settle at 32.980 and Cancom SE O.N. (DE: COKG ) which was down 2.52% to 48.720 at the close.

Declining stocks outnumbered rising ones by 402 to 291 and 85 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 5.14% to 14.45.

In commodities trading, Gold Futures for August delivery was down 0.92% or 11.30 to $1216.60 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.41% or 0.28 to hit $68.03 a barrel, while the September Brent oil contract fell 0.29% or 0.21 to trade at $72.69 a barrel.

EUR/USD was down 0.27% to 1.1607, while EUR/GBP rose 0.36% to 0.8938.

The US Dollar Index Futures was up 0.42% at 95.24.