Investing.com – Germany stocks were lower after the close on Monday, as losses in the Utilities, Software and Construction sectors led shares lower.
At the close in Frankfurt, the DAX declined 1.95% to hit a new 3-months low, while the MDAX index fell 2.08%, and the TecDAX index lost 1.70%.
The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (ETR:IFXGn), which rose 1.34% or 0.40 points to trade at 29.92 at the close. Meanwhile, Siemens Healthineers AG (ETR:SHLG) added 0.98% or 0.48 points to end at 49.42 and Rheinmetall AG (ETR:RHMG) was up 0.04% or 0.20 points to 480.30 in late trade.
The worst performers of the session were E.ON SE (ETR:EONGn), which fell 4.81% or 0.61 points to trade at 11.98 at the close. Zalando SE (ETR:ZALG) declined 4.26% or 0.98 points to end at 22.00 and Volkswagen AG VZO O.N. (ETR:VOWG_p) was down 3.06% or 2.96 points to 93.90.
The top performers on the MDAX were Redcare Pharmacy NV (ETR:RDC) which rose 1.36% to 134.10, Hugo Boss AG NA O.N. (ETR:BOSSn) which was up 1.32% to settle at 38.36 and Deutsche Lufthansa AG (ETR:LHAG) which gained 0.76% to close at 5.60.
The worst performers were United Internet AG NA (ETR:UTDI) which was down 17.56% to 16.20 in late trade, Aurubis AG (ETR:NAFG) which lost 11.91% to settle at 60.65 and Freenet AG NA (ETR:FNTGn) which was down 4.48% to 24.32 at the close.
The top performers on the TecDAX were Infineon Technologies AG NA O.N. (ETR:IFXGn) which rose 1.34% to 29.92, Siemens Healthineers AG (ETR:SHLG) which was up 0.98% to settle at 49.42 and Evotec AG O.N. (ETR:EVTG) which gained 0.06% to close at 8.02.
The worst performers were United Internet AG NA (ETR:UTDI) which was down 17.56% to 16.20 in late trade, 11 AG (ETR:1U1) which lost 13.22% to settle at 12.74 and Suess Microtec NA O.N. (ETR:SMHNn) which was down 8.04% to 49.20 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 599 to 74 and 16 ended unchanged.
Shares in Volkswagen AG VZO O.N. (ETR:VOWG_p) fell to 3-years lows; losing 3.06% or 2.96 to 93.90.
The DAX volatility index, which measures the implied volatility of DAX options, was up 32.72% to 21.79 a new 52-week high.
Gold Futures for December delivery was down 1.11% or 27.40 to $2,442.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.35% or 0.26 to hit $73.26 a barrel, while the October Brent oil contract fell 0.23% or 0.18 to trade at $76.63 a barrel.
EUR/USD was unchanged 0.42% to 1.10, while EUR/GBP rose 0.60% to 0.86.
The US Dollar Index Futures was down 0.43% at 102.55.