Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Food & Beverages, Utilities and Insurance sectors led shares lower.
At the close in Frankfurt, the DAX lost 1.47% to hit a new 1-month low, while the MDAX index lost 0.90%, and the TecDAX index fell 1.19%.
The best performers of the session on the DAX were Fresenius SE & Co KGAA O.N. (DE:FREG), which rose 0.78% or 0.510 points to trade at 66.100 at the close. Meanwhile, Vonovia SE (DE:VNAn) added 0.67% or 0.21 points to end at 31.52 and Fresenius Medical Care KGAA ST (DE:FMEG) was up 0.19% or 0.140 points to 73.710 in late trade.
The worst performers of the session were Bay.Motoren Werke AG ST (DE:BMWG), which fell 3.73% or 2.920 points to trade at 75.400 at the close. RWE AG ST O.N. (DE:RWEG) declined 3.44% or 0.490 points to end at 13.750 and Commerzbank AG O.N. (DE:CBKG) was down 3.14% or 0.191 points to 5.897.
The top performers on the MDAX were Deutsche Wohnen AG Inh (DE:DWNG) which rose 2.34% to 29.475, LEG Immobilien AG (DE:LEGn) which was up 1.46% to settle at 76.610 and Covestro AG (DE:1COV) which gained 0.87% to close at 54.470.
The worst performers were Norma Group AG NA O.N. (DE:NOEJ) which was down 3.80% to 39.580 in late trade, Suedzucker AG (DE:SZUG) which lost 2.88% to settle at 22.580 and Fraport AG (DE:FRAG) which was down 2.88% to 54.600 at the close.
The top performers on the TecDAX were Adva Optical Networking SE (DE:ADAG) which rose 3.50% to 7.301, STRATEC Biomedical AG (DE:SBSG) which was up 2.00% to settle at 51.100 and S&T AG (F:SANT1) which gained 1.43% to close at 8.774.
The worst performers were Pfeiffer Vacuum Technology O.N. (DE:PV) which was down 7.54% to 82.550 in late trade, Nordex SE O.N. (DE:NDXG) which lost 3.87% to settle at 22.330 and GFT Technologies AG (DE:GFTG) which was down 2.65% to 17.665 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 747 to 147 and 17 ended unchanged.
Shares in Norma Group AG NA O.N. (DE:NOEJ) fell to 52-week lows; down 3.80% or 1.565 to 39.580. Shares in Nordex SE O.N. (DE:NDXG) fell to 52-week lows; down 3.87% or 0.900 to 22.330.
The DAX volatility index, which measures the implied volatility of DAX options, was up 1.21% to 23.05 a new 3-months high.
Gold for December delivery was up 1.51% or 19.45 to $1307.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 3.21% or 1.50 to hit $45.17 a barrel, while the January Brent oil contract fell 3.20% or 1.54 to trade at $46.60 a barrel.
EUR/USD was up 0.52% to 1.1113, while EUR/GBP fell 0.07% to 0.9025.
The US Dollar Index was down 0.52% at 97.25.