Germany shares lower at close of trade; DAX down 1.09%

Investing.com – Germany equities were lower at the close on Wednesday, as losses in the Technology, Construction and Pharmaceuticals&Healthcare sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 1.09%, while the MDAX index declined 1.58%, and the TecDAX index fell 1.83%.

The biggest gainers of the session on the DAX were Volkswagen AG VZO O.N. (ETR:VOWG_p), which rose 1.08% or 0.96 points to trade at 89.88 at the close. Commerzbank AG O.N. (ETR:CBKG) added 0.62% or 0.10 points to end at 16.33 and Qiagen NV (ETR:QIA) was up 0.45% or 0.18 points to 38.99 in late trade.

Biggest losers included Sartorius AG VZO O.N. (ETR:SATG_p), which lost 3.52% or 8.60 points to trade at 235.90 in late trade. Infineon Technologies AG NA O.N. (ETR:IFXGn) declined 3.48% or 1.07 points to end at 29.72 and Daimler Truck Holding AG (ETR:DTGGe) shed 2.61% or 1.02 points to 38.05.

The top performers on the MDAX were Kion Group AG (ETR:KGX) which rose 5.70% to 37.25, Jungheinrich AG O.N.VZO (ETR:JUNG_p) which was up 2.15% to settle at 24.76 and Fuchs Petrolub AG VZO Pref (ETR:FPE3_p) which gained 1.44% to close at 42.28.

The worst performers were Hypoport AG (ETR:HYQGn) which was down 6.88% to 222.00 in late trade, Fresenius Medical Care KGAA ST (ETR:FMEG) which lost 5.78% to settle at 35.36 and SCHOTT Pharma AG&Co KgaA (ETR:1SXP) which was down 5.64% to 30.12 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (ETR:S92G) which rose 0.91% to 16.56, PNE Wind AG (ETR:PNEGn) which was up 0.67% to settle at 12.04 and Qiagen NV (ETR:QIA) which gained 0.45% to close at 38.99.

The worst performers were SUSS MicroTec SE (ETR:SMHNn) which was down 7.10% to 56.30 in late trade, Elmos Semiconductor AG (ETR:ELGG) which lost 6.35% to settle at 54.60 and Eckert&Ziegler AG O.N. (ETR:EUZG) which was down 4.77% to 40.30 at the close.

Declining stocks outnumbered rising ones by 473 to 148 and 21 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 0.80% to 17.36.

In commodities trading, Gold Futures for December delivery was up 0.55% or 15.35 to $2,796.45 a troy ounce. Meanwhile, Crude oil for delivery in December rose 2.04% or 1.37 to hit $68.58 a barrel, while the January Brent oil contract rose 1.95% or 1.38 to trade at $72.11 a barrel.

EUR/USD was unchanged 0.36% to 1.09, while EUR/GBP unchanged 0.53% to 0.84.

The US Dollar Index Futures was down 0.23% at 103.95.