Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Software, Pharmaceuticals & Healthcare and Technology sectors led shares lower.
At the close in Frankfurt, the DAX fell 2.96% to hit a new 3-months low, while the MDAX index fell 2.75%, and the TecDAX index lost 3.16%.
The best performers of the session on the DAX were E.ON SE (ETR:EONGn), which rose 1.19% or 0.17 points to trade at 14.05 at the close. Meanwhile, Symrise AG Inh. O.N. (ETR:SY1G) added 0.50% or 0.46 points to end at 92.12 and Rheinmetall AG (ETR:RHMG) was down 0.68% or 9.00 points to 1,306.50 in late trade.
The worst performers of the session were Fresenius SE & Co KGAA O.N. (ETR:FREG), which fell 5.28% or 1.96 points to trade at 35.17 at the close. Airbus Group SE (ETR:AIRG) declined 4.72% or 6.62 points to end at 133.56 and Bayer AG NA (ETR:BAYGN) was down 4.59% or 0.94 points to 19.47.
The top performers on the MDAX were Thyssenkrupp AG O.N. (ETR:TKAG) which rose 0.84% to 8.65, Stroeer SE (ETR:SAXG) which was up 0.21% to settle at 48.00 and K+S AG (ETR:SDFGn) which lost 0.16% to close at 12.31.
The worst performers were Redcare Pharmacy NV (ETR:RDC) which was down 16.70% to 109.20 in late trade, Traton SE (ETR:8TRA) which lost 7.80% to settle at 25.28 and Gerresheimer AG (ETR:GXIG) which was down 7.59% to 53.00 at the close.
The top performers on the TecDAX were CompuGroup Medical AG O.N. (ETR:COP1n) which fell 0.27% to 22.00, Hensoldt Ag (ETR:HAGG) which was down 0.99% to settle at 59.95 and 11 AG (ETR:1U1) which lost 1.13% to close at 14.04.
The worst performers were Siltronic AG (ETR:WAFGn) which was down 10.01% to 32.00 in late trade, SUSS MicroTec SE (ETR:SMHNn) which lost 7.85% to settle at 27.00 and Formycon AG (ETR:FYB) which was down 7.06% to 20.40 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 538 to 92 and 20 ended unchanged.
Shares in Traton SE (ETR:8TRA) fell to 52-week lows; falling 7.80% or 2.14 to 25.28. Shares in Gerresheimer AG (ETR:GXIG) fell to 52-week lows; falling 7.59% or 4.35 to 53.00. Shares in Siltronic AG (ETR:WAFGn) fell to 5-year lows; falling 10.01% or 3.56 to 32.00. Shares in SUSS MicroTec SE (ETR:SMHNn) fell to 52-week lows; down 7.85% or 2.30 to 27.00. Shares in Formycon AG (ETR:FYB) fell to 3-years lows; losing 7.06% or 1.55 to 20.40.
The DAX volatility index, which measures the implied volatility of DAX options, was up 3.04% to 21.14.
Gold Futures for June delivery was up 3.67% or 109.86 to $3,100.06 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 3.79% or 2.26 to hit $57.32 a barrel, while the June Brent oil contract fell 3.60% or 2.26 to trade at $60.56 a barrel.
EUR/USD was up 0.66% to 1.10, while EUR/GBP rose 0.78% to 0.86.
The US Dollar Index Futures was down 0.54% at 102.14.