Investing.com – Germany equities were lower at the close on Monday, as losses in the Utilities, Telecoms and Technology sectors propelled shares lower.
At the close in Frankfurt, the DAX lost 1.94% to hit a new 1-month low, while the MDAX index lost 1.16%, and the TecDAX index declined 1.42%.
The biggest gainers of the session on the DAX were Adidas AG NA O.N. (DE:ADSGN), which fell 0.72% or 0.620 points to trade at 85.930 at the close. Beiersdorf AG O.N. (DE:BEIG) fell 0.91% or 0.750 points to end at 81.350 and Heidelbergcement AG O.N. (DE:HEIG) was down 1.06% or 0.750 points to 70.050 in late trade.
Biggest losers included RWE AG ST O.N. (DE:RWEG), which lost 4.29% or 0.460 points to trade at 10.275 in late trade. Volkswagen AG VZO O.N. (DE:VOWG_p) declined 4.12% or 5.300 points to end at 123.250 and E.ON SE NA (DE:EONGn) shed 3.98% or 0.325 points to 7.837.
The top performers on the MDAX were Aurubis AG (DE:NAFG) which rose 2.08% to 47.765, Metro AG ST O.N. (DE:MEOG) which was up 1.22% to settle at 27.045 and Suedzucker Mannheim Ochsenfurt AG (DE:SZUG) which gained 0.94% to close at 17.200.
The worst performers were Kloeckner & Co SE NA (DE:KCOGn) which was down 4.20% to 7.632 in late trade, Hochtief AG (DE:HOTG) which lost 2.98% to settle at 80.300 and Bilfinger SE O.N. (DE:GBFG) which was down 2.78% to 40.225 at the close.
The top performers on the TecDAX were Kontron AG O.N. (DE:KBCG) which rose 2.37% to 2.855, Nordex SE O.N. (DE:NDXG) which was up 1.73% to settle at 31.200 and SMA Solar Technology AG (DE:S92G) which gained 1.06% to close at 43.775.
The worst performers were Aixtron SE NA O.N. (DE:AIXGn) which was down 6.86% to 3.855 in late trade, Drillisch AG O.N. (DE:DRIG) which lost 5.75% to settle at 38.360 and Adva Optical Networking SE (DE:ADAG) which was down 5.16% to 9.859 at the close.
Declining stocks outnumbered rising ones by 541 to 152 and 33 ended unchanged on the Frankfurt Stock Exchange.
The DAX volatility index, which measures the implied volatility of DAX options, was up 11.07% to 26.49 a new 1-month high.
In commodities trading, Gold for February delivery was down 0.81% or 8.70 to $1067.00 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.77% or 0.63 to hit $36.25 a barrel, while the February Brent oil contract rose 0.10% or 0.04 to trade at $38.36 a barrel.
EUR/USD was up 0.33% to 1.1029, while EUR/GBP rose 0.82% to 0.7286.
The US Dollar Index was down 0.16% at 97.45.