Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Financial Services, Utilities and Consumer & Cyclical sectors led shares lower.
At the close in Frankfurt, the DAX declined 0.32%, while the MDAX index lost 0.60%, and the TecDAX index declined 0.51%.
The best performers of the session on the DAX were Deutsche Bank AG NA O.N. (DE:DBKGn), which rose 2.77% or 0.325 points to trade at 12.070 at the close. Meanwhile, Volkswagen AG VZO O.N. (DE:VOWG_p) added 1.39% or 1.650 points to end at 120.250 and Allianz SE VNA O.N. (DE:ALVG) was up 1.20% or 1.600 points to 134.550 in late trade.
The worst performers of the session were RWE AG ST O.N. (DE:RWEG), which fell 3.67% or 0.560 points to trade at 14.710 at the close. Vonovia SE (DE:VNAn) declined 3.12% or 1.04 points to end at 32.27 and Beiersdorf AG O.N. (DE:BEIG) was down 2.70% or 2.290 points to 82.540.
The top performers on the MDAX were Leoni AG (DE:LEOGn) which rose 2.38% to 33.940, Lanxess AG (DE:LXSG) which was up 2.34% to settle at 56.840 and Jungheinrich AG O.N.VZO (DE:JUNG_p) which gained 2.19% to close at 30.865.
The worst performers were Deutsche Wohnen AG Inh (DE:DWNG) which was down 4.38% to 30.215 in late trade, GEA Group AG (DE:G1AG) which lost 3.25% to settle at 48.155 and LEG Immobilien AG (DE:LEGn) which was down 3.19% to 80.790 at the close.
The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 4.86% to 25.700, Drillisch AG (DE:DRIG) which was up 1.66% to settle at 43.105 and Evotec AG O.N. (DE:EVTG) which gained 0.67% to close at 5.124.
The worst performers were Software AG O.N. (DE:SOWG) which was down 4.39% to 37.175 in late trade, Slm Solution G (DE:AM3D) which lost 1.88% to settle at 40.60 and Carl Zeiss Meditec AG (DE:AFXG) which was down 1.80% to 34.140 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 510 to 369 and 30 ended unchanged.
Shares in Lanxess AG (DE:LXSG) rose to 3-years highs; gaining 2.34% or 1.300 to 56.840. Shares in Jungheinrich AG O.N.VZO (DE:JUNG_p) rose to 52-week highs; rising 2.19% or 0.660 to 30.865. Shares in Evotec AG O.N. (DE:EVTG) rose to 5-year highs; rising 0.67% or 0.034 to 5.124.
The DAX volatility index, which measures the implied volatility of DAX options, was up 0.53% to 18.53.
Gold for December delivery was down 0.23% or 2.95 to $1266.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 2.32% or 1.13 to hit $49.82 a barrel, while the December Brent oil contract rose 2.10% or 1.07 to trade at $51.94 a barrel.
EUR/USD was down 0.03% to 1.1201, while EUR/GBP fell 0.16% to 0.8788.
The US Dollar Index was up 0.08% at 96.18.