Germany shares lower at close of trade; DAX down 1.02%

Investing.com – Germany equities were lower at the close on Wednesday, as losses in the Basic Resources , Industrials and Transportation & Logistics sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 1.02%, while the MDAX index lost 1.81%, and the TecDAX index fell 2.29%.

The biggest gainers of the session on the DAX were Linde AG O.N. (DE: LING ), which rose 6.07% or 10.03 points to trade at 175.18 at the close. Henkel & Co KGaA AG Pref (DE: HNKG_p ) added 0.39% or 0.40 points to end at 102.70 and Infineon Technologies AG NA O.N. (DE: IFXGn ) was up 0.05% or 0.010 points to 21.230 in late trade.

Biggest losers included Deutsche Lufthansa AG (DE: LHAG ), which lost 3.36% or 0.890 points to trade at 25.610 in late trade. BASF SE NA O.N. (DE: BASFN ) declined 2.29% or 1.980 points to end at 84.420 and Thyssenkrupp AG O.N. (DE: TKAG ) shed 2.25% or 0.510 points to 22.180.

The top performers on the MDAX were Steinhoff International Holdings NV (DE: SNHG ) which unchanged 0.07% to 0.15, Suedzucker AG (DE: SZUG ) which was up 0.82% to settle at 13.550 and Tag Immobilien AG (DE: TEGG ) which gained 0.70% to close at 17.150.

The worst performers were Osram Licht AG (F: OSRn ) which was down 8.00% to 48.300 in late trade, Wacker Chemie O.N. (DE: WCHG ) which lost 4.71% to settle at 143.70 and Salzgitter AG (DE: SZGG ) which was down 4.42% to 44.560 at the close.

The top performers on the TecDAX were Drillisch AG (DE: DRIG ) which rose 0.94% to 58.850, GFT Technologies AG (DE: GFTG ) which was up 0.83% to settle at 13.430 and Carl Zeiss Meditec AG (DE: AFXG ) which gained 0.27% to close at 54.750.

The worst performers were Aixtron SE (DE: AIXGn ) which was down 6.09% to 14.707 in late trade, Siltronic AG (DE: WAFGn ) which lost 5.38% to settle at 132.700 and Xing AG (DE: OBCGn ) which was down 5.17% to 247.50 at the close.

Declining stocks outnumbered rising ones by 517 to 175 and 79 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 9.54% to 16.49.

In commodities trading, Gold Futures for June delivery was down 0.74% or 9.90 to $1323.10 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.01% or 0.01 to hit $67.69 a barrel, while the June Brent oil contract fell 0.50% or 0.37 to trade at $73.49 a barrel.

EUR/USD was down 0.49% to 1.2173, while EUR/GBP fell 0.19% to 0.8734.

The US Dollar Index Futures was up 0.46% at 90.98.