Investing.com – Germany equities were lower at the close on Wednesday, as losses in the Basic Resources, Chemicals and Insurance sectors propelled shares lower.
At the close in Frankfurt, the DAX lost 1.47%, while the MDAX index fell 1.07%, and the TecDAX index fell 0.78%.
The biggest gainers of the session on the DAX were SAP SE (DE:SAPG), which rose 0.32% or 0.310 points to trade at 96.420 at the close. Deutsche Telekom AG Na (DE:DTEGn) fell 0.11% or 0.015 points to end at 13.520 and Beiersdorf AG O.N. (DE:BEIG) was down 0.12% or 0.120 points to 98.520 in late trade.
Biggest losers included Deutsche Lufthansa AG (DE:LHAG), which lost 3.74% or 0.940 points to trade at 24.180 in late trade. Linde AG 1 (DE:LIN1) declined 3.14% or 6.2000 points to end at 191.3500 and Volkswagen AG VZO O.N. (DE:VOWG_p) shed 2.74% or 4.84 points to 171.76.
The top performers on the MDAX were CTS Eventim AG (DE:EVDG) which rose 4.15% to 40.620, Grand City Properties SA (DE:GYC) which was up 0.86% to settle at 21.00 and Prosiebensat 1 Media AG (DE:PSMGn) which gained 0.64% to close at 26.8200.
The worst performers were Wacker Chemie O.N. (DE:WCHG) which was down 3.63% to 149.85 in late trade, Salzgitter AG (DE:SZGG) which lost 3.36% to settle at 46.910 and Kion Group AG (DE:KGX) which was down 2.86% to 71.40 at the close.
The top performers on the TecDAX were Evotec AG O.N. (DE:EVTG) which rose 0.99% to 14.255, Sartorius AG VZO O.N. (DE:SATG_p) which was up 0.44% to settle at 137.600 and Wirecard AG (DE:WDIG) which gained 0.40% to close at 126.650.
The worst performers were RIB Software AG Na (DE:RIB) which was down 4.19% to 20.600 in late trade, SLM Solutions Group AG (DE:AM3D) which lost 3.37% to settle at 32.95 and SMA Solar Technology AG (DE:S92G) which was down 3.30% to 58.600 at the close.
Declining stocks outnumbered rising ones by 512 to 204 and 71 ended unchanged on the Frankfurt Stock Exchange.
The DAX volatility index, which measures the implied volatility of DAX options, was up 13.51% to 16.66 a new 1-month high.
In commodities trading, Gold Futures for June delivery was down 0.02% or 0.30 to $1291.70 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.58% or 0.42 to hit $71.78 a barrel, while the July Brent oil contract fell 0.44% or 0.35 to trade at $79.22 a barrel.
EUR/USD was down 0.62% to 1.1707, while EUR/GBP fell 0.02% to 0.8768.
The US Dollar Index Futures was up 0.41% at 93.89.