Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Food & Beverages, Technology and Retail sectors led shares lower.
At the close in Frankfurt, the DAX fell 0.37%, while the MDAX index fell 0.81%, and the TecDAX index declined 1.68%.
The best performers of the session on the DAX were Beiersdorf AG O.N. (DE:BEIG), which rose 1.37% or 1.240 points to trade at 91.700 at the close. Meanwhile, Adidas AG (DE:ADSGN) added 1.28% or 2.50 points to end at 197.80 and Merck KGaA (DE:MRCG) was up 1.14% or 0.88 points to 78.10 in late trade.
The worst performers of the session were Infineon Technologies AG NA O.N. (DE:IFXGn), which fell 3.01% or 0.640 points to trade at 20.650 at the close. Deutsche Lufthansa AG (DE:LHAG) declined 2.92% or 0.750 points to end at 24.970 and Fresenius Medical Care KGAA ST (DE:FMEG) was down 1.87% or 1.540 points to 80.900.
The top performers on the MDAX were Hugo Boss AG NA O.N. (DE:BOSSn) which rose 1.30% to 71.820, Tag Immobilien AG (DE:TEGG) which was up 0.83% to settle at 16.950 and Deutsche Pfandbriefbank AG (DE:PBBG) which gained 0.81% to close at 12.40.
The worst performers were Steinhoff International Holdings NV (DE:SNHG) which was down 11.47% to 0.21 in late trade, Krones AG O.N. (DE:KRNG) which lost 4.03% to settle at 104.800 and Osram Licht AG (F:OSRn) which was down 3.72% to 56.380 at the close.
The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 7.20% to 7.946, S&T AG (F:SANT1) which was up 4.24% to settle at 19.190 and Freenet AG NA (DE:FNTGn) which gained 0.86% to close at 24.760.
The worst performers were Evotec AG O.N. (DE:EVTG) which was down 6.06% to 14.735 in late trade, Jenoptik AG (DE:JENG) which lost 5.04% to settle at 26.760 and RIB Software AG Na (DE:RIB) which was down 5.01% to 19.340 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 467 to 227 and 78 ended unchanged.
Shares in Steinhoff International Holdings NV (DE:SNHG) fell to all time lows; losing 11.47% or 0.03 to 0.21. Shares in Tag Immobilien AG (DE:TEGG) rose to 5-year highs; gaining 0.83% or 0.140 to 16.950. Shares in Osram Licht AG (F:OSRn) fell to 52-week lows; losing 3.72% or 2.180 to 56.380.
The DAX volatility index, which measures the implied volatility of DAX options, was up 2.50% to 20.34.
Gold Futures for June delivery was up 0.11% or 1.50 to $1338.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.20% or 0.13 to hit $63.38 a barrel, while the June Brent oil contract fell 0.31% or 0.21 to trade at $67.91 a barrel.
EUR/USD was up 0.19% to 1.2294, while EUR/GBP rose 0.05% to 0.8732.
The US Dollar Index Futures was down 0.16% at 89.71.