Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Food & Beverages, Chemicals and Basic Resources sectors led shares lower.
At the close in Frankfurt, the DAX declined 1.58% to hit a new 52-week low, while the MDAX index fell 1.73%, and the TecDAX index fell 1.85%.
The best performers of the session on the DAX were Beiersdorf AG O.N. (DE:BEIG), which rose 0.76% or 0.700 points to trade at 92.720 at the close. Meanwhile, Continental AG O.N. (DE:CONG) added 0.11% or 0.15 points to end at 136.10 and E.ON SE NA (DE:EONGn) was up 0.10% or 0.009 points to 9.215 in late trade.
The worst performers of the session were Covestro AG (DE:1COV), which fell 15.56% or 8.700 points to trade at 47.200 at the close. Wirecard AG (DE:WDIG) declined 5.17% or 7.100 points to end at 130.325 and Deutsche Bank AG NA O.N. (DE:DBKGn) was down 4.80% or 0.411 points to 8.153.
The top performers on the MDAX were Duerr AG (DE:DUEG) which rose 1.40% to 29.720, GEA Group AG (DE:G1AG) which was up 0.96% to settle at 26.190 and Zalando SE (DE:ZALG) which gained 0.92% to close at 27.48.
The worst performers were Nemetschek AG O.N. (DE:NEKG) which was down 7.74% to 99.550 in late trade, Evonik Industries AG (DE:EVKn) which lost 5.26% to settle at 24.510 and Talanx AG NA O.N. (DE:TLXGn) which was down 4.72% to 30.660 at the close.
The top performers on the TecDAX were Koenig & Bauer AG ST O.N. (DE:SKBG) which rose 3.20% to 41.980, Shop Apotheke Europe NV (DE:SAEG) which was up 3.16% to settle at 39.200 and Hapag Lloyd AG (DE:HLAG) which gained 2.83% to close at 29.7600.
The worst performers were Sixt AG ST O.N. (DE:SIXG) which was down 9.15% to 79.900 in late trade, Dr. Hoenle AG O.N. (DE:HNLG) which lost 8.05% to settle at 59.400 and Steinhoff International Holdings NV (DE:SNHG) which was down 7.81% to 0.12 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 572 to 153 and 55 ended unchanged.
Shares in Covestro AG (DE:1COV) fell to 52-week lows; down 15.56% or 8.700 to 47.200. Shares in Deutsche Bank AG NA O.N. (DE:DBKGn) fell to 5-year lows; falling 4.80% or 0.411 to 8.153. Shares in Evonik Industries AG (DE:EVKn) fell to all time lows; falling 5.26% or 1.360 to 24.510.
The DAX volatility index, which measures the implied volatility of DAX options, was up 9.82% to 21.03.
Gold Futures for December delivery was down 0.15% or 1.80 to $1223.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 5.12% or 2.93 to hit $54.27 a barrel, while the January Brent oil contract fell 5.12% or 3.42 to trade at $63.37 a barrel.
EUR/USD was down 0.58% to 1.1388, while EUR/GBP fell 0.24% to 0.8889.
The US Dollar Index Futures was up 0.48% at 96.53.