Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Technology, Transportation & Logistics and Basic Resources sectors led shares lower.
At the close in Frankfurt, the DAX lost 2.62% to hit a new 3-months low, while the MDAX index lost 2.51%, and the TecDAX index declined 4.03%.
The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which fell 0.29% or 0.045 points to trade at 15.510 at the close. Meanwhile, Daimler AG NA O.N. (DE:DAIGn) fell 0.45% or 0.320 points to end at 70.330 and Merck KGaA (DE:MRCG) was down 1.04% or 0.86 points to 82.18 in late trade.
The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 5.38% or 1.210 points to trade at 21.260 at the close. Deutsche Lufthansa AG (DE:LHAG) declined 5.23% or 1.460 points to end at 26.460 and Volkswagen AG VZO O.N. (DE:VOWG_p) was down 3.84% or 6.58 points to 164.80.
The top performers on the MDAX were Innogy SE (DE:IGY) which rose 1.52% to 30.800, Hannover Rueck SE (DE:HNRGn) which was up 0.83% to settle at 109.50 and Stroeer SE (DE:SAXG) which gained 0.34% to close at 59.200.
The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 8.89% to 0.40 in late trade, Wacker Chemie O.N. (DE:WCHG) which lost 5.86% to settle at 139.85 and Covestro AG (DE:1COV) which was down 5.47% to 85.060 at the close.
The top performers on the TecDAX were Slm Solution G (DE:AM3D) which fell 1.02% to 38.85, Telefonica Deutschland Holding AG (DE:O2Dn) which was down 1.64% to settle at 3.908 and CompuGroup Medical AG O.N. (DE:COPMa) which lost 1.68% to close at 46.880.
The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 10.61% to 15.510 in late trade, S&T AG (F:SANT1) which lost 9.88% to settle at 19.880 and Siltronic AG (DE:WAFGn) which was down 8.58% to 112.900 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 594 to 153 and 54 ended unchanged.
Shares in Merck KGaA (DE:MRCG) fell to 52-week lows; losing 1.04% or 0.86 to 82.18.
The DAX volatility index, which measures the implied volatility of DAX options, was up 28.35% to 26.57 a new 52-week high.
Gold Futures for April delivery was up 0.40% or 5.20 to $1319.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.42% or 0.88 to hit $60.91 a barrel, while the April Brent oil contract fell 1.16% or 0.76 to trade at $64.75 a barrel.
EUR/USD was down 0.23% to 1.2234, while EUR/GBP fell 0.45% to 0.8796.
The US Dollar Index Futures was up 0.12% at 90.27.