Germany stocks lower at close of trade; DAX down 0.66%

Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Retail, Technology and Food & Beverages sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.66%, while the MDAX index fell 0.01%, and the TecDAX index fell 1.33%.

The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 1.33% or 0.300 points to trade at 22.895 at the close. Meanwhile, E.ON SE NA (DE:EONGn) added 0.67% or 0.070 points to end at 10.545 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was up 0.66% or 1.30 points to 196.90 in late trade.

The worst performers of the session were Bayerische Motoren Werke AG (DE:BMWG), which fell 2.83% or 2.550 points to trade at 87.420 at the close. Bayer AG NA (DE:BAYGN) declined 2.35% or 2.75 points to end at 114.10 and Deutsche Lufthansa AG (DE:LHAG) was down 1.10% or 0.310 points to 27.760.

The top performers on the MDAX were Osram Licht AG (F:OSRn) which rose 5.05% to 69.000, Tag Immobilien AG (DE:TEGG) which was up 2.50% to settle at 15.360 and Aareal Bank AG (DE:ARLG) which gained 2.15% to close at 36.380.

The worst performers were Zalando SE (DE:ZALG) which was down 5.67% to 40.96 in late trade, Fielmann AG (DE:FIEG) which lost 2.06% to settle at 71.700 and Schaeffler AG Pref (DE:SHA_p) which was down 1.73% to 13.38 at the close.

The top performers on the TecDAX were Draegerwerk VZO O.N. (DE:DRWG_p) which rose 1.77% to 96.770, Morphosys AG O.N. (DE:MORG) which was up 1.48% to settle at 81.450 and SMA Solar Technology AG (DE:S92G) which gained 0.85% to close at 41.400.

The worst performers were Dialog Semiconductor (DE:DLGS) which was down 5.74% to 41.545 in late trade, Nordex SE O.N. (DE:NDXG) which lost 5.50% to settle at 8.260 and Qiagen NV (DE:QGEN) which was down 4.17% to 27.900 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 448 to 310 and 35 ended unchanged.

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Shares in RWE AG ST O.N. (DE:RWEG) rose to 52-week highs; rising 1.33% or 0.300 to 22.895. Shares in E.ON SE NA (DE:EONGn) rose to 52-week highs; rising 0.67% or 0.070 to 10.545. Shares in Muench. Rueckvers. VNA O.N. (DE:MUVGn) rose to 52-week highs; gaining 0.66% or 1.30 to 196.90. Shares in Tag Immobilien AG (DE:TEGG) rose to 5-year highs; up 2.50% or 0.375 to 15.360. Shares in Nordex SE O.N. (DE:NDXG) fell to 3-years lows; falling 5.50% or 0.481 to 8.260.

The DAX volatility index, which measures the implied volatility of DAX options, was up 4.49% to 12.54.

Gold Futures for December delivery was down 0.43% or 5.48 to $1276.12 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.31% or 0.18 to hit $57.17 a barrel, while the January Brent oil contract fell 0.75% or 0.48 to trade at $63.79 a barrel.

EUR/USD was down 0.19% to 1.1588, while EUR/GBP fell 0.10% to 0.8806.

The US Dollar Index Futures was up 0.19% at 94.80.