Germany shares lower at close of trade; DAX down 0.78%

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Germany shares lower at close of trade; DAX down 0.78%
Credit: © Reuters. – Germany equities were lower at the close on Wednesday, as losses in the Food & Beverages , Telecoms and Pharmaceuticals & Healthcare sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 0.78%, while the MDAX index declined 0.64%, and the TecDAX index lost 1.35%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (DE: CBKG ), which rose 5.14% or 0.648 points to trade at 13.258 at the close. Deutsche Bank AG NA O.N. (DE: DBKGn ) added 2.96% or 0.448 points to end at 15.558 and Deutsche Lufthansa AG (DE: LHAG ) was up 2.09% or 0.630 points to 30.730 in late trade.

Biggest losers included Continental AG O.N. (DE: CONG ), which lost 3.54% or 8.90 points to trade at 242.40 in late trade. Prosiebensat 1 Media AG (DE: PSMGn ) declined 3.33% or 0.980 points to end at 28.450 and Vonovia SE (DE: VNAn ) shed 2.67% or 1.13 points to 41.22.

The top performers on the MDAX were Airbus Group SE (F: AIRG ) which rose 3.25% to 89.800, Deutsche Pfandbriefbank AG (DE: PBBG ) which was up 1.94% to settle at 14.20 and Salzgitter AG (DE: SZGG ) which gained 1.34% to close at 51.500.

The worst performers were Deutsche Wohnen AG (DE: DWNG ) which was down 2.98% to 36.790 in late trade, Suedzucker AG (DE: SZUG ) which lost 2.74% to settle at 16.865 and Symrise AG Inh. O.N. (DE: SY1G ) which was down 2.51% to 70.000 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE: NDXG ) which rose 6.20% to 10.870, RIB Software AG Na (DE: RIB ) which was up 3.88% to settle at 27.340 and Pfeiffer Vacuum Technology O.N. (DE: PV ) which gained 2.64% to close at 163.00.

The worst performers were Cancom SE O.N. (DE: COKG ) which was down 2.93% to 72.900 in late trade, Jenoptik AG (DE: JENG ) which lost 2.78% to settle at 28.720 and Aixtron SE (DE: AIXGn ) which was down 2.78% to 12.075 at the close.

Declining stocks outnumbered rising ones by 478 to 259 and 80 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 3.21% to 12.63.

In commodities trading, Gold Futures for February delivery was up 0.33% or 4.40 to $1318.10 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.54% or 0.34 to hit $63.30 a barrel, while the March Brent oil contract rose 0.15% or 0.10 to trade at $68.92 a barrel.

EUR/USD was up 0.14% to 1.1953, while EUR/GBP rose 0.35% to 0.8847.

The US Dollar Index Futures was down 0.20% at 92.05.

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