Investing.com – Germany stocks were lower after the close on Monday, as losses in the Utilities, Construction and Chemicals sectors led shares lower.
At the close in Frankfurt, the DAX lost 2.12%, while the MDAX index lost 1.68%, and the TecDAX index fell 1.31%.
The best performers of the session on the DAX were Beiersdorf AG O.N. (XETRA:BEIG), which rose 0.67% or 0.510 points to trade at 77.160 at the close. Meanwhile, Muench. Rueckvers. VNA O.N. (XETRA:MUVGn) fell 0.33% or 0.550 points to end at 167.300 and Adidas AG NA O.N. (XETRA:ADSGN) was down 0.70% or 0.500 points to 70.880 in late trade.
The worst performers of the session were Volkswagen AG VZO O.N. (XETRA:VOWG_p), which fell 7.46% or 8.000 points to trade at 99.300 at the close. Deutsche Bank AG NA O.N. (XETRA:DBKGn) declined 4.68% or 1.155 points to end at 23.520 and K & S AG NA O.N. (XETRA:SDFGn) was down 4.54% or 1.405 points to 29.510.
The top performers on the MDAX were Aurubis AG (XETRA:NAFG) which rose 1.61% to 56.830, Fraport AG (XETRA:FRAG) which was up 0.49% to settle at 53.850 and Gerresheimer AG (XETRA:GXId) which gained 0.38% to close at 65.290.
The worst performers were Gerry Weber Internat.O.N. (XETRA:GWIG) which was down 5.33% to 13.065 in late trade, Elringklinger AG NA O.N. (XETRA:ZILGn) which lost 4.47% to settle at 17.000 and Rheinmetall AG (XETRA:RHMG) which was down 4.41% to 51.550 at the close.
The top performers on the TecDAX were Xing AG (XETRA:OBCGn) which rose 5.04% to 188.600, Pfeiffer Vacuum Technology O.N. (XETRA:PV) which was up 2.57% to settle at 99.800 and Dialog Semiconductor (XETRA:DLGS) which gained 1.11% to close at 36.125.
The worst performers were BB Biotech AG (XETRA:BIONn) which was down 6.94% to 241.400 in late trade, Morphosys AG O.N. (XETRA:MORG) which lost 5.00% to settle at 58.380 and Aixtron SE NA O.N. (XETRA:AIXGn) which was down 5.00% to 5.127 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 526 to 145 and 41 ended unchanged.
Shares in Volkswagen AG VZO O.N. (XETRA:VOWG_p) fell to 3-years lows; down 7.46% or 8.000 to 99.300. Shares in Gerry Weber Internat.O.N. (XETRA:GWIG) fell to 5-year lows; falling 5.33% or 0.735 to 13.065. Shares in Elringklinger AG NA O.N. (XETRA:ZILGn) fell to 3-years lows; down 4.47% or 0.795 to 17.000.
The DAX volatility index, which measures the implied volatility of DAX options, was up 8.51% to 28.19.
Gold for December delivery was down 1.01% or 11.60 to $1134.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 2.28% or 1.04 to hit $44.66 a barrel, while the November Brent oil contract fell 2.23% or 1.08 to trade at $47.52 a barrel.
EUR/USD was up 0.30% to 1.1228, while EUR/GBP rose 0.17% to 0.7388.
The US Dollar Index was down 0.24% at 96.13.