Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Telecoms, Chemicals and Industrials sectors led shares lower.
At the close in Frankfurt, the DAX fell 3.58%, while the MDAX index fell 2.52%, and the TecDAX index declined 1.97%.
The best performers 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. Meanwhile, 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.
The worst performers of the session were Daimler AG NA O.N. (DE:DAIGn), which fell 5.34% or 4.420 points to trade at 78.420 at the close. Bayer AG NA (DE:BAYGN) declined 4.97% or 6.150 points to end at 117.700 and Deutsche Telekom AG Na (DE:DTEGn) was down 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.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 591 to 108 and 35 ended unchanged.
Shares in Linde AG O.N. (DE:LING) fell to 52-week lows; down 0.40% or 0.550 to 136.950.
The DAX volatility index, which measures the implied volatility of DAX options, was up 0.59% to 20.63.
Gold for February delivery was up 0.45% or 4.70 to $1058.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 2.30% or 0.92 to hit $40.86 a barrel, while the January Brent oil contract rose 3.12% or 1.32 to trade at $43.81 a barrel.
EUR/USD was up 2.90% to 1.0920, while EUR/GBP rose 1.91% to 0.7234.
The US Dollar Index was down 1.96% at 98.09.