Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Telecoms, Pharmaceuticals & Healthcare and Insurance sectors led shares lower.
At the close in Frankfurt, the DAX fell 2.34% to hit a new 6-months low, while the MDAX index fell 2.52%, and the TecDAX index fell 3.59%.
The best performers of the session on the DAX were RWE AG ST O.N. (XETRA:RWEG), which fell 0.20% or 0.030 points to trade at 15.265 at the close. Meanwhile, Lufthansa AG VNA O.N. (XETRA:LHAG) fell 0.30% or 0.035 points to end at 11.500 and Muench. Rueckvers. VNA O.N. (XETRA:MUVGn) was down 0.90% or 1.500 points to 165.050 in late trade.
The worst performers of the session were Deutsche Boerse NA O.N. (XETRA:DB1Gn), which fell 3.65% or 2.970 points to trade at 78.360 at the close. Deutsche Telekom AG Na (XETRA:DTEGn) declined 3.57% or 0.565 points to end at 15.265 and Commerzbank AG O.N. (XETRA:CBKG) was down 3.54% or 0.385 points to 10.500.
The top performers on the MDAX were Aurubis AG (XETRA:NAFG) which rose 0.76% to 58.290, Sky Deutschland AG NA (XETRA:SKYDn) which was up 0.10% to settle at 6.780 and Man SE ST O.N. (XETRA:MANG) which lost 0.44% to close at 93.200.
The worst performers were Krones AG O.N. (XETRA:KRNG) which was down 5.91% to 94.370 in late trade, Osram Licht (XETRA:OSRn) which lost 5.34% to settle at 47.545 and Gerry Weber Internat.O.N. (XETRA:GWIG) which was down 5.32% to 19.685 at the close.
The top performers on the TecDAX were QSC AG NA O.N. (XETRA:QSCG) which unchanged 0.00% to 1.844, Pfeiffer Vacuum Technology O.N. (XETRA:PV) which was down 0.07% to settle at 86.440 and Cancom SE O.N. (XETRA:COKG) which lost 0.41% to close at 31.370.
The worst performers were Adva Optical Networking SE (XETRA:ADAG) which was down 9.21% to 8.636 in late trade, Stratec Biomedical (XETRA:SBSG) which lost 8.73% to settle at 42.895 and Nordex SE O.N. (XETRA:NDXG) which was down 7.98% to 24.505 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 660 to 85 and 39 ended unchanged.
Shares in RWE AG ST O.N. (XETRA:RWEG) fell to all time lows; down 0.20% or 0.030 to 15.265.
The DAX volatility index, which measures the implied volatility of DAX options, was up 6.22% to 23.58 a new 1-month high.
Gold for December delivery was up 1.93% or 21.80 to $1149.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.41% or 0.17 to hit $41.44 a barrel, while the October Brent oil contract fell 0.39% or 0.18 to trade at $46.98 a barrel.
EUR/USD was up 0.76% to 1.1203, while EUR/GBP rose 0.73% to 0.7143.
The US Dollar Index was down 0.48% at 95.96.