Investing.com – Germany equities were lower at the close on Thursday, as losses in the Telecoms, Chemicals and Industrials sectors propelled shares lower.
At the close in Frankfurt, the DAX fell 3.58%, while the MDAX index declined 2.52%, and the TecDAX index lost 1.97%.
The biggest gainers of the session on the DAX were E.ON SE NA (DE:EONGn), which fell 0.31% or 0.028 points to trade at 8.929 at the close. Linde AG O.N. (DE:LING) fell 0.40% or 0.550 points to end at 136.950 and K+S AG NA O.N. (DE:SDFGn) was down 0.67% or 0.165 points to 24.430 in late trade.
Biggest losers included Daimler AG NA O.N. (DE:DAIGn), which lost 5.34% or 4.420 points to trade at 78.420 in late trade. Bayer AG NA (DE:BAYGN) declined 4.97% or 6.150 points to end at 117.700 and Deutsche Telekom AG Na (DE:DTEGn) shed 4.74% or 0.820 points to 16.470.
The top performers on the MDAX were Man SE ST O.N. (DE:MANG) which fell 0.47% to 92.800, Celesio AG Nam. O.N. (DE:CLSGn) which was down 0.58% to settle at 24.865 and Suedzucker Mannheim Ochsenfurt AG (DE:SZUG) which lost 0.74% to close at 18.055.
The worst performers were Wacker Chemie O.N. (DE:WCHG) which was down 4.65% to 80.010 in late trade, Gerry Weber Internat.O.N. (DE:GWIG) which lost 4.39% to settle at 13.285 and Tui AG NA (DE:TUIGn) which was down 4.29% to 15.630 at the close.
The top performers on the TecDAX were STRATEC Biomedical AG (DE:SBSG) which rose 2.01% to 54.680, Adva Optical Networking SE (DE:ADAG) which was up 1.31% to settle at 11.225 and Xing AG (DE:OBCGn) which gained 1.20% to close at 181.100.
The worst performers were CompuGroup Medical AG O.N. (DE:COPMa) which was down 4.77% to 32.720 in late trade, BB Biotech AG (DE:BIONn) which lost 4.39% to settle at 261.400 and LPKF Laser & Electronics (DE:LPKG) which was down 3.55% to 7.656 at the close.
Declining stocks outnumbered rising ones by 591 to 108 and 35 ended unchanged on the Frankfurt Stock Exchange.
The DAX volatility index, which measures the implied volatility of DAX options, was up 0.59% to 20.63.
In commodities trading, Gold for February delivery was up 0.41% or 4.30 to $1058.10 a troy ounce. Meanwhile, Crude oil for delivery in January rose 2.25% or 0.90 to hit $40.84 a barrel, while the January Brent oil contract rose 3.00% or 1.27 to trade at $43.77 a barrel.
EUR/USD was up 2.79% to 1.0910, while EUR/GBP rose 1.84% to 0.7230.
The US Dollar Index was down 1.88% at 98.16.