Germany shares lower at close of trade; DAX down 1.52%

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

At the close in Frankfurt, the DAX fell 1.52% to hit a new 1-month low, while the MDAX index declined 1.77%, and the TecDAX index declined 2.53%.

The biggest gainers of the session on the DAX were Vonovia SE (DE: VNAn ), which rose 1.71% or 0.82 points to trade at 48.82 at the close. Beiersdorf AG O.N. (DE: BEIG ) added 0.75% or 0.740 points to end at 99.140 and E.ON SE NA (DE: EONGn ) was up 0.42% or 0.040 points to 9.562 in late trade.

Biggest losers included Thyssenkrupp AG O.N. (DE: TKAG ), which lost 8.54% or 1.232 points to trade at 13.188 in late trade. Infineon Technologies AG NA O.N. (DE: IFXGn ) declined 4.66% or 0.858 points to end at 17.558 and Continental AG O.N. (DE: CONG ) shed 4.38% or 5.86 points to 127.88.

The top performers on the MDAX were LEG Immobilien AG (DE: LEGn ) which rose 1.85% to 110.400, Deutsche Wohnen AG (DE: DWNG ) which was up 0.96% to settle at 42.180 and Tag Immobilien AG (DE: TEGG ) which gained 0.89% to close at 20.380.

The worst performers were Siltronic AG (DE: WAFGn ) which was down 8.29% to 71.060 in late trade, Duerr AG (DE: DUEG ) which lost 6.68% to settle at 33.930 and Morphosys AG O.N. (DE: MORG ) which was down 5.19% to 86.7500 at the close.

The top performers on the TecDAX were Pfeiffer Vacuum Technology O.N. (DE: PV ) which fell 0.14% to 139.30, Carl Zeiss Meditec AG (DE: AFXG ) which was down 0.17% to settle at 86.750 and SAP SE (DE: SAPG ) which lost 0.31% to close at 109.900.

The worst performers were Siltronic AG (DE: WAFGn ) which was down 8.29% to 71.060 in late trade, S&T AG (DE: SANT1 ) which lost 6.18% to settle at 20.64 and Jenoptik AG (DE: JENGn ) which was down 5.36% to 30.000 at the close.

Declining stocks outnumbered rising ones by 537 to 161 and 80 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 5.10% to 19.38.

In commodities trading, Gold Futures for June delivery was up 1.06% or 13.65 to $1301.05 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.44% or 0.89 to hit $60.77 a barrel, while the July Brent oil contract fell 1.15% or 0.81 to trade at $69.81 a barrel.

EUR/USD was up 0.03% to 1.1236, while EUR/GBP rose 0.35% to 0.8675.

The US Dollar Index Futures was down 0.03% at 97.097.