Investing.com – Germany stocks were lower after the close on Monday, as losses in the Utilities, Chemicals and Basic Resources sectors led shares lower.
At the close in Frankfurt, the DAX fell 2.99%, while the MDAX index fell 1.40%, and the TecDAX index lost 0.67%.
The best performers of the session on the DAX were Fresenius Medical Care KGAA ST (XETRA:FMEG), which rose 0.79% or 0.480 points to trade at 61.250 at the close. Meanwhile, Merck KGAA O.N. (XETRA:MRCG) added 0.28% or 0.220 points to end at 78.030 and Deutsche Boerse NA O.N. (XETRA:DB1Gn) was down 0.20% or 0.120 points to 59.130 in late trade.
The worst performers of the session were Lanxess AG (XETRA:LXSG), which fell 6.57% or 2.490 points to trade at 35.430 at the close. E.ON SE NA (XETRA:EONGn) declined 5.17% or 0.725 points to end at 13.300 and RWE AG ST O.N. (XETRA:RWEG) was down 4.54% or 1.165 points to 24.515.
The top performers on the MDAX were Fielmann AG O.N. (XETRA:FIEG) which rose 0.68% to 56.340, Airbus Group (XETRA:AIRG) which was up 0.49% to settle at 41.800 and Norma Group AG NA O.N. (XETRA:NOEJ) which gained 0.48% to close at 39.065.
The worst performers were Salzgitter AG O.N. (XETRA:SZGG) which was down 5.42% to 21.905 in late trade, Wacker Chemie O.N. (XETRA:WCHG) which lost 4.73% to settle at 86.550 and Metro AG ST O.N. (XETRA:MEOG) which was down 4.22% to 24.185 at the close.
The top performers on the TecDAX were BB Biotech AG (XETRA:BIONn) which rose 1.98% to 200.850, Morphosys AG O.N. (XETRA:MORG) which was up 1.66% to settle at 78.290 and Dialog Semiconductor (XETRA:DLGS) which gained 1.55% to close at 31.375.
The worst performers were Draegerwerk VZO O.N. (XETRA:DRWG_p) which was down 5.18% to 80.740 in late trade, Jenoptik AG O.N. (XETRA:JENG) which lost 3.30% to settle at 10.245 and Nordex SE O.N. (XETRA:NDXG) which was down 3.27% to 15.090 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 541 to 199 and 16 ended unchanged.
Shares in BB Biotech AG (XETRA:BIONn) rose to 52 week highs; up 1.98% or 3.900 to 200.850.
Shares in Dialog Semiconductor (XETRA:DLGS) rose to 52 week highs; up 1.55% or 0.480 to 31.375.
The DAX volatility index, which measures the implied volatility of DAX options, was up 23.67% to 24.09.
Gold for February delivery was up 0.83% or 9.90 to $1196.10 a troy ounce.
Elsewhere in commodities trading, crude oil for delivery in February fell 4.63% or 2.44 to hit $50.25 a barrel, while the February brent oil contract fell 5.84% or 3.29 to trade at $53.12 a barrel.
EUR/USD was down 0.73% to 1.1915, while EUR/GBP fell 0.12% to 0.7822.
The US Dollar Index was up 0.38% at 91.81.