Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Insurance, Utilities and Construction sectors led shares lower.
At the close in Frankfurt, the DAX declined 1.88% to hit a new 3-months low, while the MDAX index fell 2.04%, and the TecDAX index fell 2.01%.
The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (DE:IFXGn), which rose 0.99% or 0.200 points to trade at 20.340 at the close. Meanwhile, Adidas AG (DE:ADSGN) fell 0.15% or 0.40 points to end at 264.65 and Daimler AG NA O.N. (DE:DAIGn) was down 0.57% or 0.225 points to 39.500 in late trade.
The worst performers of the session were MTU Aero Engines NA O.N. (DE:MTXGn), which fell 4.11% or 10.20 points to trade at 237.70 at the close. Continental AG O.N. (DE:CONG) declined 3.63% or 3.90 points to end at 103.58 and Allianz SE VNA O.N. (DE:ALVG) was down 3.48% or 7.75 points to 215.00.
The top performers on the MDAX were Alstria Office Reit-Ag (DE:AOXG) which rose 1.09% to 18.580, Telefonica Deutschland Holding AG (DE:O2Dn) which was up 0.51% to settle at 2.586 and RTL Group SA (DE:RRTL) which gained 0.39% to close at 41.680.
The worst performers were Commerzbank AG O.N. (DE:CBKG) which was down 6.16% to 5.745 in late trade, Gerresheimer AG (DE:GXIG) which lost 4.87% to settle at 66.350 and Cancom SE O.N. (DE:COKG) which was down 4.06% to 46.280 at the close.
The top performers on the TecDAX were New Work SE (DE:NWOn) which rose 1.90% to 268.00, Infineon Technologies AG NA O.N. (DE:IFXGn) which was up 0.99% to settle at 20.340 and Telefonica Deutschland Holding AG (DE:O2Dn) which gained 0.51% to close at 2.586.
The worst performers were Cancom SE O.N. (DE:COKG) which was down 4.06% to 46.280 in late trade, Jenoptik AG (DE:JENGn) which lost 4.00% to settle at 22.580 and Sartorius AG VZO O.N. (DE:SATG_p) which was down 3.63% to 222.800 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 576 to 119 and 53 ended unchanged.
Shares in Daimler AG NA O.N. (DE:DAIGn) fell to 5-year lows; down 0.57% or 0.225 to 39.500.
The DAX volatility index, which measures the implied volatility of DAX options, was up 14.53% to 26.48 a new 52-week high.
Gold Futures for April delivery was down 1.57% or 26.25 to $1650.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 1.83% or 0.94 to hit $50.49 a barrel, while the May Brent oil contract fell 1.88% or 1.05 to trade at $54.72 a barrel.
EUR/USD was up 0.22% to 1.0876, while EUR/GBP fell 0.35% to 0.8361.
The US Dollar Index Futures was down 0.36% at 98.925.