Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Technology, Software and Utilities sectors led shares lower.
At the close in Frankfurt, the DAX lost 1.83% to hit a new 1-month low, while the MDAX index lost 1.59%, and the TecDAX index lost 2.15%.
The best performers of the session on the DAX were Commerzbank AG O.N. (DE:CBKG), which rose 1.32% or 0.135 points to trade at 10.395 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 0.54% or 0.085 points to end at 15.825 and Heidelbergcement AG O.N. (DE:HEIG) was down 0.30% or 0.260 points to 85.100 in late trade.
The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 3.65% or 0.695 points to trade at 18.355 at the close. RWE AG ST O.N. (DE:RWEG) declined 3.23% or 0.580 points to end at 17.385 and Beiersdorf AG O.N. (DE:BEIG) was down 3.22% or 3.060 points to 92.020.
The top performers on the MDAX were Aurubis AG (DE:NAFG) which rose 1.62% to 69.030, Deutsche Pfandbriefbank AG (DE:PBBG) which was up 0.84% to settle at 10.79 and STADA Arzneimittel VNA O.N. (DE:STAGn) which gained 0.21% to close at 61.130.
The worst performers were Covestro AG (DE:1COV) which was down 4.83% to 63.430 in late trade, Deutsche Euroshop AG (DE:DEQGn) which lost 4.40% to settle at 34.290 and Osram Licht AG (F:OSRn) which was down 3.62% to 68.500 at the close.
The top performers on the TecDAX were Telefonica Deutschland Holding AG (DE:O2Dn) which rose 0.19% to 4.292, Aixtron SE (DE:AIXGn) which was down 0.50% to settle at 5.999 and Draegerwerk VZO O.N. (DE:DRWG_p) which lost 0.81% to close at 91.630.
The worst performers were Adva Optical Networking SE (DE:ADAG) which was down 4.45% to 8.759 in late trade, Evotec AG O.N. (DE:EVTG) which lost 4.07% to settle at 13.675 and SMA Solar Technology AG (DE:S92G) which was down 3.54% to 26.320 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 552 to 156 and 15 ended unchanged.
Shares in Commerzbank AG O.N. (DE:CBKG) rose to 52-week highs; rising 1.32% or 0.135 to 10.395. Shares in Deutsche Euroshop AG (DE:DEQGn) fell to 52-week lows; losing 4.40% or 1.580 to 34.290.
The DAX volatility index, which measures the implied volatility of DAX options, was up 21.36% to 16.98 a new 1-month high.
Gold Futures for August delivery was down 0.37% or 4.66 to $1244.44 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.63% or 0.28 to hit $45.02 a barrel, while the September Brent oil contract rose 0.40% or 0.19 to trade at $47.73 a barrel.
EUR/USD was up 0.37% to 1.1420, while EUR/GBP fell 0.05% to 0.8797.
The US Dollar Index Futures was down 0.31% at 95.48.