Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Telecoms, Chemicals and Pharmaceuticals & Healthcare sectors led shares lower.
At the close in Frankfurt, the DAX lost 1.17%, while the MDAX index fell 0.71%, and the TecDAX index declined 2.04%.
The best performers of the session on the DAX were E.ON SE NA (DE:EONGn), which rose 3.32% or 0.303 points to trade at 9.416 at the close. Meanwhile, Infineon Technologies AG NA O.N. (DE:IFXGn) added 1.39% or 0.145 points to end at 10.570 and Adidas AG NA O.N. (DE:ADSGN) was up 1.05% or 0.790 points to 76.100 in late trade.
The worst performers of the session were Linde AG O.N. (DE:LING), which fell 2.50% or 3.750 points to trade at 146.050 at the close. Merck KGAA O.N. (DE:MRCG) declined 2.40% or 1.840 points to end at 74.900 and BASF SE NA O.N. (DE:BASFN) was down 2.23% or 1.600 points to 70.040.
The top performers on the MDAX were Salzgitter AG O.N. (DE:SZGG) which rose 2.87% to 25.950, Deutsche Wohnen AG Inh (DE:DWNG) which was up 2.07% to settle at 24.700 and Gerry Weber Internat.O.N. (DE:GWIG) which gained 1.32% to close at 15.340.
The worst performers were Vonovia SE (DE:VNAn) which was down 5.18% to 27.46 in late trade, Wacker Chemie O.N. (DE:WCHG) which lost 5.18% to settle at 68.880 and Leoni AG NA O.N. (DE:LEOGn) which was down 4.64% to 33.900 at the close.
The top performers on the TecDAX were Aixtron SE NA O.N. (DE:AIXGn) which rose 3.95% to 5.181, Sartorius AG VZO O.N. (DE:SATG_p) which was up 3.23% to settle at 186.900 and Jenoptik AG O.N. (DE:JENG) which gained 0.46% to close at 13.140.
The worst performers were Draegerwerk VZO O.N. (DE:DRWG_p) which was down 18.84% to 60.000 in late trade, Software AG O.N. (DE:SOWG) which lost 6.79% to settle at 23.800 and CompuGroup Medical AG O.N. (DE:COPMa) which was down 5.02% to 26.670 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 463 to 210 and 35 ended unchanged.
Shares in Leoni AG NA O.N. (DE:LEOGn) fell to 52-week lows; losing 4.64% or 1.650 to 33.900. Shares in Draegerwerk VZO O.N. (DE:DRWG_p) fell to 3-years lows; losing 18.84% or 13.930 to 60.000.
The DAX volatility index, which measures the implied volatility of DAX options, was up 3.89% to 21.92.
Gold for December delivery was up 1.05% or 12.20 to $1177.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.81% or 0.38 to hit $46.28 a barrel, while the December Brent oil contract fell 0.32% or 0.16 to trade at $49.53 a barrel.
EUR/USD was up 0.53% to 1.1440, while EUR/GBP fell 0.76% to 0.7406.
The US Dollar Index was down 0.58% at 94.25.