Investing.com – Germany equities were lower at the close on Tuesday, as losses in the Food & Beverages, Chemicals and Basic Resources sectors propelled shares lower.
At the close in Frankfurt, the DAX lost 1.58% to hit a new 52-week low, while the MDAX index fell 1.73%, and the TecDAX index fell 1.85%.
The biggest gainers of the session on the DAX were Beiersdorf AG O.N. (DE:BEIG), which rose 0.76% or 0.700 points to trade at 92.720 at the close. Continental AG O.N. (DE:CONG) added 0.11% or 0.15 points to end at 136.10 and E.ON SE NA (DE:EONGn) was up 0.10% or 0.009 points to 9.215 in late trade.
Biggest losers included Covestro AG (DE:1COV), which lost 15.56% or 8.700 points to trade at 47.200 in late trade. Wirecard AG (DE:WDIG) declined 5.17% or 7.100 points to end at 130.325 and Deutsche Bank AG NA O.N. (DE:DBKGn) shed 4.80% or 0.411 points to 8.153.
The top performers on the MDAX were Duerr AG (DE:DUEG) which rose 1.40% to 29.720, GEA Group AG (DE:G1AG) which was up 0.96% to settle at 26.190 and Zalando SE (DE:ZALG) which gained 0.92% to close at 27.48.
The worst performers were Nemetschek AG O.N. (DE:NEKG) which was down 7.74% to 99.550 in late trade, Evonik Industries AG (DE:EVKn) which lost 5.26% to settle at 24.510 and Talanx AG NA O.N. (DE:TLXGn) which was down 4.72% to 30.660 at the close.
The top performers on the TecDAX were Koenig & Bauer AG ST O.N. (DE:SKBG) which rose 3.20% to 41.980, Shop Apotheke Europe NV (DE:SAEG) which was up 3.16% to settle at 39.200 and Hapag Lloyd AG (DE:HLAG) which gained 2.83% to close at 29.7600.
The worst performers were Sixt AG ST O.N. (DE:SIXG) which was down 9.15% to 79.900 in late trade, Dr. Hoenle AG O.N. (DE:HNLG) which lost 8.05% to settle at 59.400 and Steinhoff International Holdings NV (DE:SNHG) which was down 7.81% to 0.12 at the close.
Declining stocks outnumbered rising ones by 572 to 153 and 55 ended unchanged on the Frankfurt Stock Exchange.
The DAX volatility index, which measures the implied volatility of DAX options, was up 9.82% to 21.03.
In commodities trading, Gold Futures for December delivery was down 0.14% or 1.70 to $1223.60 a troy ounce. Meanwhile, Crude oil for delivery in January fell 5.05% or 2.89 to hit $54.31 a barrel, while the January Brent oil contract fell 5.05% or 3.37 to trade at $63.42 a barrel.
EUR/USD was down 0.58% to 1.1388, while EUR/GBP fell 0.25% to 0.8888.
The US Dollar Index Futures was up 0.48% at 96.53.