Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Financial Services, Technology and Consumer & Cyclical sectors led shares lower.
At the close in Frankfurt, the DAX declined 2.57% to hit a new 3-months low, while the MDAX index fell 2.64%, and the TecDAX index declined 2.24%.
The best performers of the session on the DAX were Qiagen NV (ETR:QIA), which fell 0.63% or 0.26 points to trade at 41.24 at the close. Meanwhile, Merck KGaA (ETR:MRCG) fell 0.77% or 1.15 points to end at 147.55 and Symrise AG Inh. O.N. (ETR:SY1G) was down 1.09% or 1.02 points to 92.70 in late trade.
The worst performers of the session were Vonovia SE (ETR:VNAn), which fell 7.37% or 1.39 points to trade at 17.54 at the close. Adidas AG (ETR:ADSGN) declined 5.55% or 9.68 points to end at 164.74 and Heidelbergcement AG O.N. (ETR:HEIG) was down 4.88% or 3.60 points to 70.20.
The top performers on the MDAX were Redcare Pharmacy NV (ETR:RDC) which rose 7.06% to 105.00, Nordex SE O.N. (ETR:NDXG) which was up 0.22% to settle at 11.23 and Software AG (ETR:SOWGn) which unchanged 0.00% to close at 31.86.
The worst performers were LEG Immobilien AG (ETR:LEGn) which was down 5.59% to 53.72 in late trade, Nemetschek AG O.N. (ETR:NEKG) which lost 5.39% to settle at 60.40 and Tag Immobilien AG (ETR:TEGG) which was down 5.27% to 8.66 at the close.
The top performers on the TecDAX were Morphosys AG O.N. (ETR:MORG) which rose 2.23% to 26.64, CompuGroup Medical AG O.N. (ETR:COP1n) which was up 1.18% to settle at 44.62 and Nordex SE O.N. (ETR:NDXG) which gained 0.22% to close at 11.23.
The worst performers were Nemetschek AG O.N. (ETR:NEKG) which was down 5.39% to 60.40 in late trade, SMA Solar Technology AG (ETR:S92G) which lost 4.28% to settle at 102.80 and Sartorius AG VZO O.N. (ETR:SATG_p) which was down 4.11% to 310.20 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 587 to 74 and 80 ended unchanged.
Shares in Redcare Pharmacy NV (ETR:RDC) rose to 52-week highs; gaining 7.06% or 6.92 to 105.00.
The DAX volatility index, which measures the implied volatility of DAX options, was up 26.90% to 19.25 a new 1-month high.
Gold Futures for August delivery was down 0.58% or 11.25 to $1,915.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.25% or 0.18 to hit $71.61 a barrel, while the September Brent oil contract fell 0.44% or 0.34 to trade at $76.31 a barrel.
EUR/USD was unchanged 0.24% to 1.09, while EUR/GBP unchanged 0.01% to 0.85.
The US Dollar Index Futures was down 0.12% at 102.91.