Germany shares lower at close of trade; DAX down 2.31%

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Germany shares lower at close of trade; DAX down 2.31%
Credit: © Reuters. – Germany equities were lower at the close on Thursday, as losses in the Chemicals , Construction and Industrials sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 2.31%, while the MDAX index declined 1.64%, and the TecDAX index declined 2.01%.

The biggest gainers of the session on the DAX were Adidas AG NA O.N. (DE: ADSGN ), which rose 1.29% or 1.240 points to trade at 97.570 at the close. Infineon Technologies AG NA O.N. (DE: IFXGn ) added 0.40% or 0.045 points to end at 11.320 and Deutsche Telekom AG Na (DE: DTEGn ) was down 0.42% or 0.065 points to 15.295 in late trade.

Biggest losers included K+S AG NA O.N. (DE: SDFGn ), which lost 10.42% or 2.300 points to trade at 19.775 in late trade. Continental AG O.N. (DE: CONG ) declined 5.23% or 10.200 points to end at 184.850 and Daimler AG NA O.N. (DE: DAIGn ) shed 4.17% or 2.720 points to 62.560.

The top performers on the MDAX were DMG Mori Seiki AG (DE: GILG ) which rose 4.07% to 38.355, LEG Immobilien AG (DE: LEGn ) which was up 1.85% to settle at 75.260 and Fraport AG (DE: FRAG ) which gained 1.25% to close at 52.520.

The worst performers were Hochtief AG (DE: HOTG ) which was down 7.57% to 93.170 in late trade, Osram Licht AG (F: OSRn ) which lost 4.48% to settle at 42.229 and Leoni AG NA O.N. (DE: LEOGn ) which was down 4.09% to 27.640 at the close.

The top performers on the TecDAX were LPKF Laser & Electronics (DE: LPKG ) which rose 3.29% to 7.689, Dialog Semiconductor (DE: DLGS ) which was up 1.59% to settle at 31.240 and Evotec AG O.N. (DE: EVTG ) which gained 1.28% to close at 3.237.

The worst performers were Wirecard AG (DE: WDIG ) which was down 8.09% to 32.000 in late trade, Freenet AG NA (DE: FNTGn ) which lost 2.96% to settle at 27.170 and Nordex SE O.N. (DE: NDXG ) which was down 2.93% to 25.640 at the close.

Declining stocks outnumbered rising ones by 604 to 243 and 32 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was unchanged 0.00% to 24.50.

In commodities trading, Gold for April delivery was up 0.95% or 11.90 to $1269.30 a troy ounce. Meanwhile, Crude oil for delivery in April fell 1.83% or 0.70 to hit $37.59 a barrel, while the May Brent oil contract fell 2.53% or 1.04 to trade at $40.03 a barrel.

EUR/USD was up 1.57% to 1.1173, while EUR/GBP rose 0.74% to 0.7809.

The US Dollar Index was down 1.02% at 96.20.

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