Investing.com – Germany equities were lower at the close on Wednesday, as losses in the Software, Technology and Consumer & Cyclical sectors propelled shares lower.
At the close in Frankfurt, the DAX declined 2.21% to hit a new 52-week low, while the MDAX index lost 2.63%, and the TecDAX index fell 4.26%.
The biggest gainers of the session on the DAX were Deutsche Telekom AG Na (DE:DTEGn), which rose 2.70% or 0.375 points to trade at 14.285 at the close. Merck KGaA (DE:MRCG) added 0.90% or 0.80 points to end at 89.74 and Bayer AG NA (DE:BAYGN) was up 0.08% or 0.06 points to 75.01 in late trade.
Biggest losers included Wirecard AG (DE:WDIG), which lost 14.19% or 25.875 points to trade at 156.425 in late trade. SAP SE (DE:SAPG) declined 4.90% or 5.090 points to end at 98.710 and Adidas AG (DE:ADSGN) shed 4.53% or 9.25 points to 195.15.
The top performers on the MDAX were Telefonica Deutschland Holding AG (DE:O2Dn) which rose 3.11% to 3.553, Drillisch AG (DE:DRIG) which was up 2.45% to settle at 37.560 and Deutsche Pfandbriefbank AG (DE:PBBG) which gained 1.90% to close at 12.90.
The worst performers were Hella KGaA Hueck & Co (DE:HLE) which was down 8.17% to 40.68 in late trade, Nemetschek AG O.N. (DE:NEKG) which lost 7.83% to settle at 110.700 and Bechtle AG (DE:BC8G) which was down 7.53% to 78.000 at the close.
The top performers on the TecDAX were Telefonica Deutschland Holding AG (DE:O2Dn) which rose 3.11% to 3.553, Drillisch AG (DE:DRIG) which was up 2.45% to settle at 37.560 and SLM Solutions Group AG (DE:AM3D) which gained 0.24% to close at 16.48.
The worst performers were Wirecard AG (DE:WDIG) which was down 14.19% to 156.425 in late trade, Jenoptik AG (DE:JENGn) which lost 9.69% to settle at 26.480 and Isra Vision O.N. (DE:ISRG) which was down 8.73% to 37.65 at the close.
Declining stocks outnumbered rising ones by 592 to 123 and 59 ended unchanged on the Frankfurt Stock Exchange.
The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 16.85.
In commodities trading, Gold Futures for December delivery was up 0.12% or 1.40 to $1192.90 a troy ounce. Meanwhile, Crude oil for delivery in November fell 2.24% or 1.68 to hit $73.28 a barrel, while the December Brent oil contract fell 1.93% or 1.64 to trade at $83.36 a barrel.
EUR/USD was up 0.45% to 1.1542, while EUR/GBP fell 0.02% to 0.8740.
The US Dollar Index Futures was down 0.30% at 95.07.