Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Telecoms, Utilities and Technology sectors led shares lower.
At the close in Frankfurt, the DAX fell 1.57%, while the MDAX index fell 0.52%, and the TecDAX index lost 1.18%.
The best performers of the session on the DAX were K & S AG NA O.N. (XETRA:SDFGn), which rose 3.39% or 1.015 points to trade at 30.940 at the close. Meanwhile, Deutsche Boerse NA O.N. (XETRA:DB1Gn) added 1.10% or 0.850 points to end at 77.880 and Continental AG O.N. (XETRA:CONG) was up 0.50% or 0.950 points to 191.050 in late trade.
The worst performers of the session were Deutsche Telekom AG Na (XETRA:DTEGn), which fell 5.23% or 0.830 points to trade at 15.055 at the close. RWE AG ST O.N. (XETRA:RWEG) declined 3.81% or 0.387 points to end at 9.763 and BASF SE NA O.N. (XETRA:BASFN) was down 2.72% or 1.860 points to 66.460.
The top performers on the MDAX were Tui AG NA (XETRA:TUIGn) which rose 3.27% to 16.885, Rheinmetall AG (XETRA:RHMG) which was up 2.85% to settle at 56.340 and DMG Mori Seiki AG (XETRA:GILG) which gained 2.09% to close at 35.000.
The worst performers were Wincor Nixdorf O.N. (XETRA:WING) which was down 4.00% to 33.695 in late trade, Axel Springer SE (XETRA:SPRGn) which lost 3.85% to settle at 48.000 and LEG Immobilien AG (XETRA:LEGn) which was down 3.27% to 71.400 at the close.
The top performers on the TecDAX were Pfeiffer Vacuum Technology O.N. (XETRA:PV) which rose 1.50% to 104.750, Nordex SE O.N. (XETRA:NDXG) which was up 1.33% to settle at 24.755 and Wirecard AG (XETRA:WDIG) which gained 0.94% to close at 43.105.
The worst performers were PSI AG F.Pr.U.Sys. NA (XETRA:PSAGn) which was down 7.71% to 11.075 in late trade, STRATEC Biomedical AG (XETRA:SBSG) which lost 5.17% to settle at 49.300 and Freenet AG NA (XETRA:FNTGn) which was down 3.69% to 28.445 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 376 to 298 and 35 ended unchanged.
Shares in DMG Mori Seiki AG (XETRA:GILG) rose to all time highs; gaining 2.09% or 0.715 to 35.000. Shares in Pfeiffer Vacuum Technology O.N. (XETRA:PV) rose to all time highs; gaining 1.50% or 1.550 to 104.750. Shares in Wirecard AG (XETRA:WDIG) rose to all time highs; rising 0.94% or 0.400 to 43.105.
The DAX volatility index, which measures the implied volatility of DAX options, was up 2.87% to 28.29.
Gold for December delivery was down 0.04% or 0.50 to $1114.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.38% or 0.17 to hit $44.92 a barrel, while the November Brent oil contract fell 1.13% or 0.55 to trade at $47.83 a barrel.
EUR/USD was up 0.23% to 1.1201, while EUR/GBP rose 0.05% to 0.7392.
The US Dollar Index was down 0.26% at 96.17.