Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Technology, Pharmaceuticals & Healthcare and Chemicals sectors led shares lower.
At the close in Frankfurt, the DAX fell 1.58% to hit a new 3-months low, while the MDAX index declined 1.47%, and the TecDAX index declined 2.42%.
The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which fell 0.09% or 0.04 points to trade at 42.50 at the close. Meanwhile, Merck KGaA (DE:MRCG) fell 0.13% or 0.12 points to end at 89.64 and Allianz SE VNA O.N. (DE:ALVG) was down 0.43% or 0.80 points to 184.00 in late trade.
The worst performers of the session were Thyssenkrupp AG O.N. (DE:TKAG), which fell 3.86% or 0.780 points to trade at 19.430 at the close. Bayer AG NA (DE:BAYGN) declined 3.55% or 2.97 points to end at 80.79 and Infineon Technologies AG NA O.N. (DE:IFXGn) was down 3.51% or 0.770 points to 21.150.
The top performers on the MDAX were Aroundtown Property Holdings PLC (DE:AT1) which rose 1.14% to 7.095, Grand City Properties SA (DE:GYC) which was up 0.61% to settle at 23.28 and Aareal Bank AG (DE:ARLG) which gained 0.55% to close at 36.850.
The worst performers were Leoni AG (DE:LEOGn) which was down 12.70% to 37.310 in late trade, K+S AG NA O.N. (DE:SDFGn) which lost 4.87% to settle at 19.045 and Symrise AG Inh. O.N. (DE:SY1G) which was down 3.11% to 77.900 at the close.
The top performers on the TecDAX were Cancom SE O.N. (DE:COKG) which rose 2.35% to 40.040, Bechtle AG (DE:BC8G) which was up 0.52% to settle at 86.450 and S&T AG (DE:SANT1) which gained 0.32% to close at 25.24.
The worst performers were Drillisch AG (DE:DRIG) which was down 7.50% to 44.620 in late trade, Evotec AG O.N. (DE:EVTG) which lost 5.41% to settle at 19.485 and Wirecard AG (DE:WDIG) which was down 5.27% to 161.375 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 581 to 139 and 60 ended unchanged.
Shares in Thyssenkrupp AG O.N. (DE:TKAG) fell to 52-week lows; losing 3.86% or 0.780 to 19.430. Shares in Bayer AG NA (DE:BAYGN) fell to 5-year lows; down 3.55% or 2.97 to 80.79. Shares in Leoni AG (DE:LEOGn) fell to 52-week lows; falling 12.70% or 5.430 to 37.310. Shares in Grand City Properties SA (DE:GYC) rose to all time highs; rising 0.61% or 0.14 to 23.28. Shares in K+S AG NA O.N. (DE:SDFGn) fell to 52-week lows; falling 4.87% or 0.975 to 19.045. Shares in Drillisch AG (DE:DRIG) fell to 52-week lows; losing 7.50% or 3.620 to 44.620. Shares in Bechtle AG (DE:BC8G) rose to all time highs; up 0.52% or 0.450 to 86.450.
The DAX volatility index, which measures the implied volatility of DAX options, was up 12.54% to 20.34 a new 3-months high.
Gold Futures for December delivery was down 1.44% or 17.30 to $1183.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 3.51% or 2.35 to hit $64.69 a barrel, while the October Brent oil contract fell 2.64% or 1.91 to trade at $70.55 a barrel.
EUR/USD was down 0.08% to 1.1336, while EUR/GBP rose 0.11% to 0.8927.
The US Dollar Index Futures was up 0.10% at 96.65.