Germany shares lower at close of trade; DAX down 1.41%

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Germany shares lower at close of trade; DAX down 1.41%
Credit: © Reuters. – Germany equities were lower at the close on Thursday, as losses in the Pharmaceuticals & Healthcare , Transportation & Logistics and Financial Services sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 1.41%, while the MDAX index declined 0.90%, and the TecDAX index lost 0.36%.

The biggest gainers of the session on the DAX were Commerzbank AG O.N. (DE: CBKG ), which rose 0.44% or 0.058 points to trade at 13.316 at the close. Volkswagen AG VZO O.N. (DE: VOWG_p ) added 0.33% or 0.58 points to end at 177.60 and Prosiebensat 1 Media AG (DE: PSMGn ) was up 0.16% or 0.050 points to 30.840 in late trade.

Biggest losers included Fresenius SE & Co KGAA O.N. (DE: FREG ), which lost 4.80% or 3.380 points to trade at 67.100 in late trade. Fresenius Medical Care KGAA ST (DE: FMEG ) declined 2.97% or 2.760 points to end at 90.240 and Vonovia SE (DE: VNAn ) shed 2.62% or 1.04 points to 38.67.

The top performers on the MDAX were Suedzucker AG (DE: SZUG ) which rose 1.56% to 15.580, CTS Eventim AG (DE: EVDG ) which was up 1.54% to settle at 40.900 and Axel Springer SE (DE: SPRGn ) which gained 0.78% to close at 71.300.

The worst performers were Schaeffler AG Pref (DE: SHA_p ) which was down 11.80% to 14.12 in late trade, Deutsche Wohnen AG (DE: DWNG ) which lost 3.68% to settle at 35.060 and LEG Immobilien AG (DE: LEGn ) which was down 3.33% to 87.800 at the close.

The top performers on the TecDAX were Evotec AG O.N. (DE: EVTG ) which rose 4.97% to 15.415, Sartorius AG VZO O.N. (DE: SATG_p ) which was up 3.90% to settle at 100.000 and Software AG (DE: SOWG ) which gained 2.89% to close at 44.890.

The worst performers were Slm Solution G (DE: AM3D ) which was down 11.24% to 39.50 in late trade, Siltronic AG (DE: WAFGn ) which lost 7.42% to settle at 123.600 and Nordex SE O.N. (DE: NDXG ) which was down 6.45% to 9.940 at the close.

Declining stocks outnumbered rising ones by 478 to 263 and 71 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 10.12% to 17.62 a new 3-month high.

In commodities trading, Gold Futures for April delivery was up 0.21% or 2.80 to $1345.90 a troy ounce. Meanwhile, Crude oil for delivery in March rose 1.19% or 0.77 to hit $65.50 a barrel, while the April Brent oil contract rose 0.64% or 0.44 to trade at $69.33 a barrel.

EUR/USD was up 0.64% to 1.2492, while EUR/GBP rose 0.23% to 0.8767.

The US Dollar Index Futures was down 0.40% at 88.59.

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