Germany shares lower at close of trade; DAX down 1.07%

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Germany shares lower at close of trade; DAX down 1.07%
Credit: © Reuters. – Germany equities were lower at the close on Wednesday, as losses in the Food & Beverages , Technology and Utilities sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 1.07%, while the MDAX index lost 0.89%, and the TecDAX index declined 1.74%.

The biggest gainers of the session on the DAX were Deutsche Boerse AG (DE: DB1Gn ), which rose 1.87% or 1.900 points to trade at 103.600 at the close. Deutsche Bank AG NA O.N. (DE: DBKGn ) added 0.03% or 0.004 points to end at 15.882 and Adidas AG (DE: ADSGN ) was down 0.24% or 0.45 points to 185.05 in late trade.

Biggest losers included Infineon Technologies AG NA O.N. (DE: IFXGn ), which lost 3.77% or 0.940 points to trade at 23.980 in late trade. RWE AG ST O.N. (DE: RWEG ) declined 3.46% or 0.610 points to end at 17.030 and E.ON SE NA (DE: EONGn ) shed 3.01% or 0.273 points to 8.804.

The top performers on the MDAX were GEA Group AG (DE: G1AG ) which rose 3.26% to 40.850, Norma Group AG NA O.N. (DE: NOEJ ) which was up 0.96% to settle at 63.200 and Salzgitter AG (DE: SZGG ) which gained 0.82% to close at 51.840.

The worst performers were Suedzucker AG (DE: SZUG ) which was down 4.13% to 15.535 in late trade, Innogy SE (DE: IGY ) which lost 4.02% to settle at 32.270 and Fielmann AG (DE: FIEG ) which was down 2.79% to 71.450 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE: MDG1k ) which rose 20.38% to 17.900, SMA Solar Technology AG (DE: S92G ) which was up 5.27% to settle at 38.320 and Sartorius AG VZO O.N. (DE: SATG_p ) which gained 3.65% to close at 90.850.

The worst performers were CompuGroup Medical AG O.N. (DE: COPMa ) which was down 11.34% to 52.400 in late trade, Dialog Semiconductor (DE: DLGS ) which lost 6.44% to settle at 24.120 and Evotec AG O.N. (DE: EVTG ) which was down 4.03% to 14.050 at the close.

Declining stocks outnumbered rising ones by 505 to 212 and 86 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 5.39% to 13.46.

In commodities trading, Gold Futures for February delivery was up 1.17% or 15.70 to $1352.40 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.60% or 0.39 to hit $64.86 a barrel, while the March Brent oil contract fell 0.07% or 0.05 to trade at $69.91 a barrel.

EUR/USD was up 0.76% to 1.2392, while EUR/GBP fell 0.68% to 0.8723.

The US Dollar Index Futures was down 0.86% at 89.11.

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