Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Technology, Utilities and Insurance sectors led shares lower.
At the close in Frankfurt, the DAX declined 1.67%, while the MDAX index fell 1.42%, and the TecDAX index fell 1.61%.
The best performers of the session on the DAX were Adidas AG NA O.N. (DE:ADSGN), which rose 1.95% or 2.450 points to trade at 128.000 at the close. Meanwhile, Deutsche Boerse NA O.N. (DE:DB1Gn) added 0.61% or 0.430 points to end at 70.430 and Bay.Motoren Werke AG ST (DE:BMWG) was down 0.17% or 0.110 points to 65.100 in late trade.
The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 5.56% or 0.680 points to trade at 11.540 at the close. Infineon Technologies AG NA O.N. (DE:IFXGn) declined 4.98% or 0.630 points to end at 12.010 and Lufthansa AG VNA O.N. (DE:LHAG) was down 4.28% or 0.465 points to 10.395.
The top performers on the MDAX were STADA Arzneimittel VNA O.N. (DE:STAGn) which rose 0.98% to 45.965, Hochtief AG (DE:HOTG) which was up 0.93% to settle at 114.350 and GEA Group AG (DE:G1AG) which gained 0.51% to close at 42.175.
The worst performers were Deutsche Pfandbriefbank AG (DE:PBBG) which was down 6.29% to 7.95 in late trade, CTS Eventim AG (DE:EVDG) which lost 4.54% to settle at 26.190 and Hella KGaA Hueck & Co (DE:HLE) which was down 3.31% to 27.73 at the close.
The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 2.58% to 14.295, CompuGroup Medical AG O.N. (DE:COPMa) which was up 1.35% to settle at 35.950 and SMA Solar Technology AG (DE:S92G) which gained 0.92% to close at 43.730.
The worst performers were Dialog Semiconductor (DE:DLGS) which was down 4.99% to 24.570 in late trade, Adva Optical Networking SE (DE:ADAG) which lost 4.01% to settle at 7.066 and Nordex SE O.N. (DE:NDXG) which was down 3.67% to 24.025 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 700 to 199 and 14 ended unchanged.
Shares in Deutsche Bank AG NA O.N. (DE:DBKGn) fell to all time lows; losing 5.56% or 0.680 to 11.540. Shares in Bay.Motoren Werke AG ST (DE:BMWG) fell to 3-years lows; falling 0.17% or 0.110 to 65.100. Shares in CTS Eventim AG (DE:EVDG) fell to 52-week lows; down 4.54% or 1.245 to 26.190. Shares in Hella KGaA Hueck & Co (DE:HLE) fell to 52-week lows; down 3.31% or 0.95 to 27.73. Shares in Adva Optical Networking SE (DE:ADAG) fell to 52-week lows; falling 4.01% or 0.295 to 7.066.
The DAX volatility index, which measures the implied volatility of DAX options, was up 6.60% to 25.53.
Gold for August delivery was up 0.70% or 9.55 to $1368.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.92% or 0.43 to hit $47.03 a barrel, while the September Brent oil contract rose 0.63% or 0.30 to trade at $48.26 a barrel.
EUR/USD was up 0.11% to 1.1088, while EUR/GBP rose 0.79% to 0.8571.
The US Dollar Index was down 0.06% at 96.21.