Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Consumer & Cyclical, Software and Insurance sectors led shares lower.
At the close in Frankfurt, the DAX fell 1.11%, while the MDAX index lost 0.77%, and the TecDAX index declined 1.18%.
The best performers of the session on the DAX were Linde AG O.N. (DE:LING), which rose 0.58% or 1.05 points to trade at 181.00 at the close. Meanwhile, Prosiebensat 1 Media AG (DE:PSMGn) added 0.24% or 0.070 points to end at 29.000 and Deutsche Post AG NA O.N. (DE:DPWGn) was down 0.05% or 0.020 points to 40.785 in late trade.
The worst performers of the session were SAP SE (DE:SAPG), which fell 2.08% or 2.020 points to trade at 95.000 at the close. Henkel & Co KGaA AG Pref (DE:HNKG_p) declined 1.92% or 2.15 points to end at 110.10 and Allianz SE VNA O.N. (DE:ALVG) was down 1.81% or 3.60 points to 195.35.
The top performers on the MDAX were STADA Arzneimittel VNA O.N. (DE:STAGn) which rose 8.36% to 88.100, Hella KGaA Hueck & Co (DE:HLE) which was up 2.99% to settle at 52.36 and Metro AG (DE:MEOG) which gained 1.23% to close at 11.530.
The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 34.99% to 0.30 in late trade, Hochtief AG (DE:HOTG) which lost 2.13% to settle at 144.40 and Deutsche Wohnen AG (DE:DWNG) which was down 2.07% to 36.840 at the close.
The top performers on the TecDAX were Dialog Semiconductor (DE:DLGS) which rose 0.83% to 25.360, Adva Optical Networking SE (DE:ADAG) which was up 0.81% to settle at 6.083 and Draegerwerk VZO O.N. (DE:DRWG_p) which gained 0.52% to close at 71.770.
The worst performers were Aixtron SE (DE:AIXGn) which was down 8.94% to 11.965 in late trade, Evotec AG O.N. (DE:EVTG) which lost 3.70% to settle at 13.030 and S&T AG (F:SANT1) which was down 3.50% to 17.299 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 557 to 227 and 37 ended unchanged.
Shares in Henkel & Co KGaA AG Pref (DE:HNKG_p) fell to 52-week lows; falling 1.92% or 2.15 to 110.10. Shares in STADA Arzneimittel VNA O.N. (DE:STAGn) rose to all time highs; gaining 8.36% or 6.800 to 88.100. Shares in Steinhoff International Holdings NV (DE:SNHG) fell to all time lows; down 34.99% or 0.16 to 0.30.
The DAX volatility index, which measures the implied volatility of DAX options, was up 10.03% to 13.24.
Gold Futures for February delivery was up 0.36% or 4.50 to $1268.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.61% or 0.35 to hit $57.91 a barrel, while the February Brent oil contract rose 0.56% or 0.36 to trade at $64.16 a barrel.
EUR/USD was up 0.32% to 1.1877, while EUR/GBP rose 0.15% to 0.8857.
The US Dollar Index Futures was down 0.17% at 92.89.