Germany shares lower at close of trade; DAX down 0.70%

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Germany shares lower at close of trade; DAX down 0.70%
Credit: © Reuters. – Germany equities were lower at the close on Tuesday, as losses in the Basic Resources , Technology and Telecoms sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 0.70%, while the MDAX index lost 0.52%, and the TecDAX index fell 0.62%.

The biggest gainers of the session on the DAX were Deutsche Lufthansa AG (DE: LHAG ), which rose 1.44% or 0.380 points to trade at 26.760 at the close. RWE AG ST O.N. (DE: RWEG ) added 0.55% or 0.085 points to end at 15.675 and Commerzbank AG O.N. (DE: CBKG ) was up 0.48% or 0.058 points to 12.224 in late trade.

Biggest losers included E.ON SE NA (DE: EONGn ), which lost 1.66% or 0.133 points to trade at 7.885 in late trade. Infineon Technologies AG NA O.N. (DE: IFXGn ) declined 1.60% or 0.350 points to end at 21.530 and Deutsche Telekom AG Na (DE: DTEGn ) shed 1.59% or 0.210 points to 13.015.

The top performers on the MDAX were Krones AG O.N. (DE: KRNG ) which rose 3.48% to 107.100, Uniper SE (DE: UN01 ) which was up 2.01% to settle at 23.400 and Norma Group AG NA O.N. (DE: NOEJ ) which gained 1.67% to close at 57.850.

The worst performers were Aurubis AG (DE: NAFG ) which was down 8.00% to 73.880 in late trade, Steinhoff International Holdings NV (DE: SNHG ) which lost 3.40% to settle at 0.37 and Rheinmetall AG (DE: RHMG ) which was down 3.14% to 104.900 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE: S92G ) which rose 2.69% to 45.000, Nordex SE O.N. (DE: NDXG ) which was up 2.30% to settle at 10.250 and Cancom SE O.N. (DE: COKG ) which gained 2.10% to close at 75.200.

The worst performers were RIB Software AG Na (DE: RIB ) which was down 2.81% to 24.200 in late trade, Jenoptik AG (DE: JENG ) which lost 2.69% to settle at 26.780 and Siltronic AG (DE: WAFGn ) which was down 2.61% to 108.100 at the close.

Declining stocks outnumbered rising ones by 460 to 270 and 73 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 11.73% to 25.43.

In commodities trading, Gold Futures for April delivery was up 0.32% or 4.20 to $1330.60 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.29% or 0.17 to hit $59.12 a barrel, while the April Brent oil contract fell 0.06% or 0.04 to trade at $62.55 a barrel.

EUR/USD was up 0.58% to 1.2363, while EUR/GBP rose 0.20% to 0.8901.

The US Dollar Index Futures was down 0.53% at 89.53.

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