Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Chemicals, Basic Resources and Utilities sectors led shares lower.
At the close in Frankfurt, the DAX fell 1.48% to hit a new 1-month low, while the MDAX index lost 0.66%, and the TecDAX index fell 0.98%.
The best performers of the session on the DAX were Prosiebensat 1 Media AG (DE:PSMGn), which rose 1.37% or 0.590 points to trade at 43.560 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 1.32% or 0.195 points to end at 14.940 and Commerzbank AG O.N. (DE:CBKG) was up 1.11% or 0.080 points to 7.259 in late trade.
The worst performers of the session were Bayer AG NA (DE:BAYGN), which fell 8.20% or 7.910 points to trade at 88.510 at the close. Deutsche Post AG NA O.N. (DE:DPWGn) declined 4.72% or 1.275 points to end at 25.740 and Thyssenkrupp AG O.N. (DE:TKAG) was down 4.39% or 0.830 points to 18.060.
The top performers on the MDAX were CTS Eventim AG (DE:EVDG) which rose 4.49% to 31.445, Kuka AG (DE:KU2G) which was up 2.84% to settle at 106.950 and Hella KGaA Hueck & Co (DE:HLE) which gained 1.75% to close at 33.18.
The worst performers were Evonik Industries AG (DE:EVKn) which was down 5.73% to 26.665 in late trade, Salzgitter AG O.N. (DE:SZGG) which lost 3.96% to settle at 25.720 and Covestro AG (DE:1COV) which was down 3.28% to 34.830 at the close.
The top performers on the TecDAX were Aixtron SE NA O.N. (DE:AIXGn) which rose 6.02% to 4.367, Carl Zeiss Meditec AG (DE:AFXG) which was up 2.59% to settle at 33.500 and Sartorius AG VZO O.N. (DE:SATG_p) which gained 1.56% to close at 224.300.
The worst performers were RIB Software AG Na (DE:RIB) which was down 3.77% to 8.661 in late trade, Telefonica Deutschland Holding AG (DE:O2Dn) which lost 3.39% to settle at 4.530 and GFT Technologies AG (DE:GFTG) which was down 3.15% to 20.580 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 608 to 273 and 24 ended unchanged.
Shares in Bayer AG NA (DE:BAYGN) fell to 52-week lows; losing 8.20% or 7.910 to 88.510. Shares in Kuka AG (DE:KU2G) rose to all time highs; gaining 2.84% or 2.950 to 106.950. Shares in RIB Software AG Na (DE:RIB) fell to 52-week lows; losing 3.77% or 0.339 to 8.661. Shares in Carl Zeiss Meditec AG (DE:AFXG) rose to all time highs; rising 2.59% or 0.845 to 33.500.
The DAX volatility index, which measures the implied volatility of DAX options, was up 4.71% to 23.58.
Gold for June delivery was down 1.71% or 21.85 to $1252.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.75% or 0.36 to hit $47.83 a barrel, while the July Brent oil contract fell 0.90% or 0.44 to trade at $48.49 a barrel.
EUR/USD was down 0.11% to 1.1204, while EUR/GBP fell 0.17% to 0.7671.
The US Dollar Index was up 0.08% at 95.28.