Investing.com – Germany stocks were lower after the close on Monday, as losses in the Food & Beverages, Technology and Basic Resources sectors led shares lower.
At the close in Frankfurt, the DAX lost 2.56%, while the MDAX index declined 2.61%, and the TecDAX index lost 2.91%.
The best performers of the session on the DAX were Lufthansa AG VNA O.N. (XETRA:LHAG), which fell 1.29% or 0.165 points to trade at 12.605 at the close. Meanwhile, Muench. Rueckvers. VNA O.N. (XETRA:MUVGn) fell 1.56% or 2.650 points to end at 167.450 and Merck KGAA O.N. (XETRA:MRCG) was down 1.83% or 1.710 points to 91.930 in late trade.
The worst performers of the session were Deutsche Bank AG NA O.N. (XETRA:DBKGn), which fell 3.96% or 1.215 points to trade at 29.445 at the close. Infineon Technologies AG NA O.N. (XETRA:IFXGn) declined 3.46% or 0.365 points to end at 10.180 and Lanxess AG (XETRA:LXSG) was down 3.46% or 1.850 points to 51.590.
The top performers on the MDAX were STADA Arzneimittel VNA O.N. (XETRA:STAGn) which rose 0.84% to 33.680, Sky Deutschland AG NA (XETRA:SKYDn) which was down 0.15% to settle at 6.800 and Man SE ST O.N. (XETRA:MANG) which lost 0.40% to close at 92.050.
The worst performers were Duerr AG O.N. (XETRA:DUEG) which was down 8.54% to 78.930 in late trade, Kuka AG (XETRA:KU2G) which lost 7.97% to settle at 74.330 and Elringklinger AG NA O.N. (XETRA:ZILGn) which was down 5.48% to 21.740 at the close.
The top performers on the TecDAX were Aixtron SE NA O.N. (XETRA:AIXGn) which rose 2.96% to 5.280, Evotec AG O.N. (XETRA:EVTG) which was up 0.39% to settle at 3.356 and Kontron AG O.N. (XETRA:KBCG) which lost 0.45% to close at 3.541.
The worst performers were CompuGroup Medical AG O.N. (XETRA:COPMa) which was down 11.47% to 28.550 in late trade, Morphosys AG O.N. (XETRA:MORG) which lost 5.72% to settle at 70.400 and Xing AG (XETRA:OBCGn) which was down 5.60% to 145.000 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 682 to 72 and 40 ended unchanged.
Shares in Elringklinger AG NA O.N. (XETRA:ZILGn) fell to 52-week lows; losing 5.48% or 1.260 to 21.740.
The DAX volatility index, which measures the implied volatility of DAX options, was up 11.84% to 20.78.
Gold for December delivery was up 0.94% or 10.20 to $1096.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.27% or 0.61 to hit $47.53 a barrel, while the September Brent oil contract fell 1.62% or 0.89 to trade at $53.73 a barrel.
EUR/USD was up 1.17% to 1.1112, while EUR/GBP rose 0.79% to 0.7133.
The US Dollar Index was down 0.88% at 96.49.