Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Industrials, Technology and Software sectors led shares lower.
At the close in Frankfurt, the DAX lost 1.47% to hit a new 1-month low, while the MDAX index declined 0.86%, and the TecDAX index lost 1.08%.
The best performers of the session on the DAX were Covestro AG (DE:1COV), which rose 0.73% or 0.420 points to trade at 58.340 at the close. Meanwhile, E.ON SE (DE:EONGn) added 0.64% or 0.070 points to end at 11.071 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was up 0.61% or 1.48 points to 242.28 in late trade.
The worst performers of the session were Siemens Energy AG (DE:ENR1n), which fell 8.09% or 2.02 points to trade at 22.94 at the close. Siemens AG Class N (DE:SIEGn) declined 3.60% or 5.27 points to end at 140.96 and Volkswagen AG VZO O.N. (DE:VOWG_p) was down 3.05% or 6.10 points to 194.15.
The top performers on the MDAX were Fraport AG (DE:FRAG) which rose 2.48% to 54.610, Telefonica Deutschland Holding AG (DE:O2Dn) which was up 1.71% to settle at 2.492 and Symrise AG Inh. O.N. (DE:SY1G) which gained 1.14% to close at 119.975.
The worst performers were Nordex SE O.N. (DE:NDXG) which was down 5.54% to 15.180 in late trade, Morphosys AG O.N. (DE:MORG) which lost 4.66% to settle at 45.405 and Alstria Office Reit-Ag (DE:AOXG) which was down 3.06% to 15.850 at the close.
The top performers on the TecDAX were Telefonica Deutschland Holding AG (DE:O2Dn) which rose 1.71% to 2.492, SMA Solar Technology AG (DE:S92G) which was up 1.49% to settle at 36.820 and 11 AG (DE:1U1) which gained 0.90% to close at 26.960.
The worst performers were LPKF Laser & Electronics (DE:LPKG) which was down 7.07% to 19.440 in late trade, Nordex SE O.N. (DE:NDXG) which lost 5.54% to settle at 15.180 and Morphosys AG O.N. (DE:MORG) which was down 4.66% to 45.405 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 500 to 206 and 66 ended unchanged.
The DAX volatility index, which measures the implied volatility of DAX options, was up 13.34% to 21.32.
Gold Futures for December delivery was down 0.23% or 4.15 to $1794.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.40% or 0.96 to hit $69.31 a barrel, while the November Brent oil contract rose 1.24% or 0.89 to trade at $72.58 a barrel.
EUR/USD was down 0.13% to 1.1824, while EUR/GBP rose 0.01% to 0.8585.
The US Dollar Index Futures was up 0.15% at 92.657.