Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Utilities, Telecoms and Technology sectors led shares lower.
At the close in Frankfurt, the DAX declined 0.78%, while the MDAX index declined 1.44%, and the TecDAX index declined 0.97%.
The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 4.90% or 0.464 points to trade at 9.941 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 3.19% or 0.480 points to end at 15.520 and Lufthansa AG VNA O.N. (DE:LHAG) was up 0.73% or 0.140 points to 19.340 in late trade.
The worst performers of the session were Continental AG O.N. (DE:CONG), which fell 3.33% or 6.60 points to trade at 191.35 at the close. E.ON SE NA (DE:EONGn) declined 3.04% or 0.272 points to end at 8.685 and RWE AG ST O.N. (DE:RWEG) was down 2.41% or 0.455 points to 18.400.
The top performers on the MDAX were Deutsche Pfandbriefbank AG (DE:PBBG) which rose 2.20% to 10.68, Covestro AG (DE:1COV) which was up 1.72% to settle at 66.910 and Salzgitter AG (DE:SZGG) which gained 1.46% to close at 36.115.
The worst performers were Schaeffler AG Pref (DE:SHA_p) which was down 12.83% to 12.51 in late trade, Hella KGaA Hueck & Co (DE:HLE) which lost 4.23% to settle at 44.81 and Stroeer SE (DE:SAXG) which was down 4.22% to 53.840 at the close.
The top performers on the TecDAX were SMA Solar Technology AG (DE:S92G) which rose 2.26% to 26.640, Dialog Semiconductor (DE:DLGS) which was up 2.00% to settle at 39.015 and Aixtron SE (DE:AIXGn) which gained 1.39% to close at 6.000.
The worst performers were Xing AG (DE:OBCGn) which was down 3.82% to 240.45 in late trade, Jenoptik AG (DE:JENG) which lost 2.70% to settle at 23.080 and Cancom SE O.N. (DE:COKG) which was down 2.27% to 53.900 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 522 to 185 and 14 ended unchanged.
Shares in Commerzbank AG O.N. (DE:CBKG) rose to 52-week highs; rising 4.90% or 0.464 to 9.941. Shares in Lufthansa AG VNA O.N. (DE:LHAG) rose to 3-years highs; gaining 0.73% or 0.140 to 19.340.
The DAX volatility index, which measures the implied volatility of DAX options, was up 9.47% to 13.85.
Gold Futures for August delivery was up 0.09% or 1.11 to $1247.51 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.98% or 0.86 to hit $44.24 a barrel, while the September Brent oil contract rose 2.04% or 0.94 to trade at $46.98 a barrel.
EUR/USD was up 1.25% to 1.1321, while EUR/GBP rose 0.73% to 0.8853.
The US Dollar Index Futures was down 0.83% at 96.30.