Germany shares lower at close of trade; DAX down 0.69%

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Germany shares lower at close of trade; DAX down 0.69%
Credit: © Reuters.

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

At the close in Frankfurt, the DAX fell 0.69%, while the MDAX index lost 0.33%, and the TecDAX index fell 0.53%.

The biggest gainers of the session on the DAX were Heidelbergcement AG O.N. (DE: HEIG ), which rose 1.09% or 0.980 points to trade at 90.770 at the close. Deutsche Lufthansa AG (DE: LHAG ) added 0.14% or 0.045 points to end at 31.120 and Henkel & Co KGaA AG Pref (DE: HNKG_p ) was unchanged 0.00% or 0.00 points to 110.40 in late trade.

Biggest losers included Deutsche Post AG NA O.N. (DE: DPWGn ), which lost 1.17% or 0.475 points to trade at 40.135 in late trade. SAP SE (DE: SAPG ) declined 1.15% or 1.090 points to end at 93.890 and Deutsche Telekom AG Na (DE: DTEGn ) shed 1.10% or 0.165 points to 14.830.

The top performers on the MDAX were Metro AG (DE: MEOG ) which rose 3.95% to 12.240, Steinhoff International Holdings NV (DE: SNHG ) which was up 2.98% to settle at 0.31 and Suedzucker AG (DE: SZUG ) which gained 2.24% to close at 18.030.

The worst performers were Airbus Group SE (F: AIRG ) which was down 1.86% to 83.731 in late trade, Rheinmetall AG (DE: RHMG ) which lost 1.43% to settle at 106.650 and CTS Eventim AG (DE: EVDG ) which was down 1.38% to 38.660 at the close.

The top performers on the TecDAX were GFT Technologies AG (DE: GFTG ) which rose 2.30% to 12.925, Nordex SE O.N. (DE: NDXG ) which was up 1.73% to settle at 8.835 and Dialog Semiconductor (DE: DLGS ) which gained 0.88% to close at 25.320.

The worst performers were Medigene NA O.N. (DE: MDG1k ) which was down 4.04% to 12.580 in late trade, Qiagen NV (DE: QGEN ) which lost 1.83% to settle at 26.030 and Evotec AG O.N. (DE: EVTG ) which was down 1.78% to 13.785 at the close.

Declining stocks outnumbered rising ones by 452 to 323 and 39 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 6.46% to 14.12.

In commodities trading, Gold Futures for February delivery was up 0.35% or 4.50 to $1295.90 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.05% or 0.03 to hit $59.61 a barrel, while the March Brent oil contract fell 0.20% or 0.13 to trade at $65.86 a barrel.

EUR/USD was up 0.48% to 1.1953, while EUR/GBP rose 0.12% to 0.8888.

The US Dollar Index Futures was down 0.38% at 92.31.

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