Germany shares lower at close of trade; DAX down 1.77%

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

At the close in Frankfurt, the DAX declined 1.77%, while the MDAX index lost 1.39%, and the TecDAX index lost 3.70%.

The biggest gainers of the session on the DAX were Vonovia SE (DE: VNAn ), which rose 0.50% or 0.21 points to trade at 42.17 at the close. Deutsche Boerse AG (DE: DB1Gn ) added 0.45% or 0.500 points to end at 111.650 and Henkel & Co KGaA AG Pref (DE: HNKG_p ) was up 0.39% or 0.38 points to 97.34 in late trade.

Biggest losers included Infineon Technologies AG NA O.N. (DE: IFXGn ), which lost 7.34% or 1.335 points to trade at 16.855 in late trade. SAP SE (DE: SAPG ) declined 5.53% or 5.265 points to end at 89.905 and Wirecard AG (DE: WDIG ) shed 3.62% or 5.700 points to 151.700.

The top performers on the MDAX were Prosiebensat 1 Media AG (DE: PSMGn ) which rose 2.24% to 17.3500, RTL Group SA (DE: RRTL ) which was up 1.53% to settle at 52.950 and MTU Aero Engines NA O.N. (DE: MTXGn ) which gained 1.26% to close at 184.90.

The worst performers were Metro AG (DE: MEOG ) which was down 6.08% to 4.342 in late trade, Sartorius AG VZO O.N. (DE: SATG_p ) which lost 5.95% to settle at 124.800 and Wacker Chemie O.N. (DE: WCHG ) which was down 5.80% to 84.52 at the close.

The top performers on the TecDAX were HelloFresh SE (DE: HFGG ) which rose 2.88% to 11.06, TLG Immobilien AG (DE: TLGG ) which was up 2.54% to settle at 24.24 and Nordex SE O.N. (DE: NDXG ) which gained 1.16% to close at 9.580.

The worst performers were S&T AG (DE: SANT1 ) which was down 15.72% to 18.61 in late trade, Zooplus AG (DE: ZO1G ) which lost 8.76% to settle at 126.10 and Aixtron SE NA O.N. (DE: AIXGn ) which was down 8.32% to 9.2600 at the close.

Declining stocks outnumbered rising ones by 539 to 174 and 71 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 1.48% to 17.18.

In commodities trading, Gold Futures for December delivery was down 0.19% or 2.30 to $1204.10 a troy ounce. Meanwhile, Crude oil for delivery in December rose 1.20% or 0.72 to hit $60.91 a barrel, while the January Brent oil contract rose 1.33% or 0.93 to trade at $71.11 a barrel.

EUR/USD was down 0.73% to 1.1253, while EUR/GBP rose 0.18% to 0.8751.

The US Dollar Index Futures was up 0.56% at 97.28.