Germany shares lower at close of trade; DAX down 1.44%

Investing.com – Germany equities were lower at the close on Thursday, as losses in the Technology , Construction and Basic Resources sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 1.44% to hit a new 1-month low, while the MDAX index fell 1.03%, and the TecDAX index declined 1.13%.

The biggest gainers of the session on the DAX were Fresenius SE & Co KGAA O.N. (DE: FREG ), which rose 0.81% or 0.560 points to trade at 69.480 at the close. Linde AG 1 (DE: LIN1 ) added 0.80% or 1.6000 points to end at 200.6000 and Adidas AG (DE: ADSGN ) was up 0.80% or 1.50 points to 190.15 in late trade.

Biggest losers included Beiersdorf AG O.N. (DE: BEIG ), which lost 5.66% or 5.630 points to trade at 93.850 in late trade. Daimler AG NA O.N. (DE: DAIGn ) declined 4.32% or 2.610 points to end at 57.840 and Volkswagen AG VZO O.N. (DE: VOWG_p ) shed 3.11% or 4.80 points to 149.64.

The top performers on the MDAX were Rocket Internet (DE: RKET ) which rose 1.08% to 26.30, Deutsche Wohnen AG (DE: DWNG ) which was up 1.06% to settle at 41.110 and Grand City Properties SA (DE: GYC ) which gained 0.82% to close at 22.20.

The worst performers were Hella KGaA Hueck & Co (DE: HLE ) which was down 5.28% to 52.90 in late trade, Rheinmetall AG (DE: RHMG ) which lost 4.59% to settle at 98.940 and Jungheinrich AG O.N.VZO (DE: JUNG_p ) which was down 4.28% to 30.400 at the close.

The top performers on the TecDAX were CompuGroup Medical AG O.N. (DE: COPMa ) which rose 1.75% to 44.200, Siemens Healthineers AG (DE: SHLG ) which was up 0.42% to settle at 36.71 and Morphosys AG O.N. (DE: MORG ) which gained 0.39% to close at 102.400.

The worst performers were SLM Solutions Group AG (DE: AM3D ) which was down 5.15% to 32.20 in late trade, Cancom SE O.N. (DE: COKG ) which lost 4.22% to settle at 88.500 and Medigene NA O.N. (DE: MDG1k ) which was down 3.85% to 12.500 at the close.

Declining stocks outnumbered rising ones by 546 to 162 and 74 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 12.32% to 17.52.

In commodities trading, Gold Futures for August delivery was down 0.37% or 4.70 to $1269.80 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.15% or 0.10 to hit $65.61 a barrel, while the August Brent oil contract fell 1.40% or 1.05 to trade at $73.69 a barrel.

EUR/USD was up 0.23% to 1.1601, while EUR/GBP fell 0.34% to 0.8757.

The US Dollar Index Futures was down 0.23% at 94.56.