Investing.com – Germany stocks were lower after the close on Monday, as losses in the Technology, Insurance and Retail sectors led shares lower.
At the close in Frankfurt, the DAX lost 1.80% to hit a new 1-month low, while the MDAX index declined 1.90%, and the TecDAX index declined 1.83%.
The best performers of the session on the DAX were Bayer AG NA (DE:BAYGN), which rose 0.07% or 0.060 points to trade at 88.060 at the close. Meanwhile, Lufthansa AG VNA O.N. (DE:LHAG) fell 0.35% or 0.040 points to end at 11.290 and Deutsche Telekom AG Na (DE:DTEGn) was down 0.92% or 0.135 points to 14.595 in late trade.
The worst performers of the session were Thyssenkrupp AG O.N. (DE:TKAG), which fell 3.50% or 0.645 points to trade at 17.760 at the close. Deutsche Bank AG NA O.N. (DE:DBKGn) declined 3.46% or 0.485 points to end at 13.550 and Commerzbank AG O.N. (DE:CBKG) was down 3.45% or 0.233 points to 6.520.
The top performers on the MDAX were DMG Mori Seiki AG (DE:GILG) which fell 0.05% to 41.655, Aurubis AG (DE:NAFG) which was down 0.45% to settle at 43.175 and Kuka AG (DE:KU2G) which lost 0.47% to close at 106.000.
The worst performers were Bilfinger SE O.N. (DE:GBFG) which was down 6.38% to 29.800 in late trade, Osram Licht AG (F:OSRn) which lost 3.70% to settle at 44.650 and Hannover Rueckversicherung SE (DE:HNRGn) which was down 3.70% to 92.330 at the close.
The top performers on the TecDAX were Xing AG (DE:OBCGn) which rose 3.90% to 173.250, Evotec AG O.N. (DE:EVTG) which was up 0.32% to settle at 3.758 and Cancom SE O.N. (DE:COKG) which lost 0.30% to close at 49.060.
The worst performers were Sartorius AG VZO O.N. (DE:SATG_p) which was down 75.37% to 60.710 in late trade, SMA Solar Technology AG (DE:S92G) which lost 8.30% to settle at 44.170 and Slm Solution G (DE:AM3D) which was down 5.17% to 22.85 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 775 to 127 and 19 ended unchanged.
Shares in Bilfinger SE O.N. (DE:GBFG) fell to 5-year lows; down 6.38% or 2.030 to 29.800. Shares in Sartorius AG VZO O.N. (DE:SATG_p) fell to 3-years lows; losing 75.37% or 185.740 to 60.710.
The DAX volatility index, which measures the implied volatility of DAX options, was up 10.36% to 28.22 a new 3-months high.
Gold for August delivery was up 0.81% or 10.35 to $1286.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.47% or 0.23 to hit $48.84 a barrel, while the August Brent oil contract fell 0.46% or 0.23 to trade at $50.31 a barrel.
EUR/USD was up 0.27% to 1.1282, while EUR/GBP rose 0.46% to 0.7929.
The US Dollar Index was down 0.18% at 94.46.