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 , Food & Beverages and Retail sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 1.44% to hit a new 52-week low, while the MDAX index lost 2.08%, and the TecDAX index lost 2.53%.

The biggest gainers of the session on the DAX were Henkel & Co KGaA AG Pref (DE: HNKG_p ), which rose 1.12% or 1.08 points to trade at 97.48 at the close. Merck KGaA (DE: MRCG ) added 0.13% or 0.12 points to end at 93.60 and Deutsche Boerse AG (DE: DB1Gn ) was up 0.05% or 0.050 points to 104.900 in late trade.

Biggest losers included Deutsche Bank AG NA O.N. (DE: DBKGn ), which lost 7.04% or 0.530 points to trade at 7.000 in late trade. Wirecard AG (DE: WDIG ) declined 5.22% or 7.100 points to end at 128.850 and Thyssenkrupp AG O.N. (DE: TKAG ) shed 3.61% or 0.580 points to 15.500.

The top performers on the MDAX were Metro AG (DE: CECG ) which rose 4.43% to 3.091, Brenntag AG (DE: BNRGn ) which was up 0.77% to settle at 37.750 and Uniper SE (DE: UN01 ) which gained 0.51% to close at 21.890.

The worst performers were Zalando SE (DE: ZALG ) which was down 7.75% to 22.50 in late trade, Commerzbank AG O.N. (DE: CBKG ) which lost 6.55% to settle at 5.781 and CTS Eventim AG (DE: EVDG ) which was down 5.27% to 32.720 at the close.

The top performers on the TecDAX were Medigene NA O.N. (DE: MDG1k ) which rose 4.70% to 7.680, Metro AG ST O.N. (DE: CECG ) which was up 4.43% to settle at 3.091 and SLM Solutions Group AG (DE: AM3D ) which gained 1.14% to close at 10.64.

The worst performers were Aumann AG (DE: AAGG ) which was down 5.17% to 27.5000 in late trade, Patrizia Immobilien AG (DE: PATGn ) which lost 5.12% to settle at 16.670 and Nordex SE O.N. (DE: NDXG ) which was down 4.81% to 7.840 at the close.

Declining stocks outnumbered rising ones by 616 to 105 and 51 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 4.50% to 21.38.

In commodities trading, Gold Futures for February delivery was up 0.61% or 7.70 to $1264.10 a troy ounce. Meanwhile, Crude oil for delivery in February fell 4.26% or 2.05 to hit $46.12 a barrel, while the February Brent oil contract fell 3.93% or 2.25 to trade at $54.99 a barrel.

EUR/USD was up 0.69% to 1.1454, while EUR/GBP rose 0.26% to 0.9044.

The US Dollar Index Futures was down 0.60% at 95.903.