Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Technology, Retail and Basic Resources sectors led shares lower.
At the close in Frankfurt, the DAX fell 0.70% to hit a new 3-months low, while the MDAX index lost 1.12%, and the TecDAX index declined 1.99%.
The best performers of the session on the DAX were Beiersdorf AG O.N. (DE:BEIG), which rose 1.43% or 1.550 points to trade at 109.950 at the close. Meanwhile, Deutsche Telekom AG Na (DE:DTEGn) added 0.76% or 0.110 points to end at 14.648 and Adidas AG (DE:ADSGN) was up 0.74% or 1.90 points to 257.10 in late trade.
The worst performers of the session were Deutsche Lufthansa AG (DE:LHAG), which fell 4.90% or 0.665 points to trade at 12.900 at the close. Continental AG O.N. (DE:CONG) declined 3.56% or 3.84 points to end at 104.16 and Infineon Technologies AG NA O.N. (DE:IFXGn) was down 3.54% or 0.546 points to 14.878.
The top performers on the MDAX were Deutsche Pfandbriefbank AG (DE:PBBG) which rose 1.19% to 10.21, K+S AG NA O.N. (DE:SDFGn) which was up 0.99% to settle at 13.765 and Uniper SE (DE:UN01) which gained 0.83% to close at 26.700.
The worst performers were Drillisch AG (DE:DRIG) which was down 11.92% to 22.160 in late trade, Evotec AG O.N. (DE:EVTG) which lost 9.00% to settle at 19.000 and United Internet AG NA (DE:UTDI) which was down 6.32% to 25.070 at the close.
The top performers on the TecDAX were SLM Solutions Group AG (DE:AM3D) which rose 2.63% to 12.50, Pfeiffer Vacuum Technology O.N. (DE:PV) which was up 1.08% to settle at 122.20 and Deutsche Telekom AG Na (DE:DTEGn) which gained 0.76% to close at 14.648.
The worst performers were Drillisch AG (DE:DRIG) which was down 11.92% to 22.160 in late trade, Nordex SE O.N. (DE:NDXG) which lost 11.28% to settle at 9.795 and Medigene NA O.N. (DE:MDG1k) which was down 9.25% to 5.345 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 526 to 164 and 64 ended unchanged.
Shares in Beiersdorf AG O.N. (DE:BEIG) rose to all time highs; up 1.43% or 1.550 to 109.950. Shares in Deutsche Lufthansa AG (DE:LHAG) fell to 52-week lows; losing 4.90% or 0.665 to 12.900. Shares in Continental AG O.N. (DE:CONG) fell to 5-year lows; falling 3.56% or 3.84 to 104.16. Shares in Drillisch AG (DE:DRIG) fell to 5-year lows; falling 11.92% or 3.000 to 22.160. Shares in United Internet AG NA (DE:UTDI) fell to 5-year lows; losing 6.32% or 1.690 to 25.070. Shares in Drillisch AG (DE:DRIG) fell to 5-year lows; falling 11.92% or 3.000 to 22.160. Shares in Medigene NA O.N. (DE:MDG1k) fell to 3-years lows; losing 9.25% or 0.545 to 5.345.
The DAX volatility index, which measures the implied volatility of DAX options, was up 4.72% to 23.95 a new 6-months high.
Gold Futures for December delivery was up 0.13% or 1.95 to $1529.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.68% or 0.93 to hit $54.30 a barrel, while the October Brent oil contract fell 2.29% or 1.36 to trade at $58.12 a barrel.
EUR/USD was down 0.35% to 1.1099, while EUR/GBP fell 0.79% to 0.9161.
The US Dollar Index Futures was up 0.24% at 98.058.