Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Industrials, Construction and Retail sectors led shares lower.
At the close in Frankfurt, the DAX lost 1.97% to hit a new 1-month low, while the MDAX index declined 2.47%, and the TecDAX index fell 1.67%.
The best performers of the session on the DAX were Deutsche Telekom AG Na (ETR:DTEGn), which fell 0.04% or 0.01 points to trade at 22.53 at the close. Meanwhile, Fresenius SE & Co KGAA O.N. (ETR:FREG) fell 0.40% or 0.12 points to end at 29.93 and Henkel & Co KGaA AG Pref (ETR:HNKG_p) was down 0.59% or 0.50 points to 84.54 in late trade.
The worst performers of the session were Porsche Automobil Holding SE (ETR:PSHG_p), which fell 5.83% or 2.66 points to trade at 43.00 at the close. Siemens AG Class N (ETR:SIEGn) declined 4.08% or 7.26 points to end at 170.84 and Zalando SE (ETR:ZALG) was down 3.68% or 0.86 points to 22.54.
The top performers on the MDAX were Encavis AG (ETR:ECVG) which fell 0.12% to 17.08, K+S AG (ETR:SDFGn) which was down 0.47% to settle at 12.67 and Knorr-Bremse AG (ETR:KBX) which lost 0.54% to close at 73.75.
The worst performers were SMA Solar Technology AG (ETR:S92G) which was down 7.24% to 41.52 in late trade, Evotec AG O.N. (ETR:EVTG) which lost 7.02% to settle at 8.34 and Sixt SE (ETR:SIXG) which was down 6.69% to 71.10 at the close.
The top performers on the TecDAX were Suess Microtec NA O.N. (ETR:SMHNn) which unchanged 0.00% to 63.80, Deutsche Telekom AG Na (ETR:DTEGn) which was down 0.04% to settle at 22.53 and Morphosys AG O.N. (ETR:MORG) which lost 0.59% to close at 67.60.
The worst performers were Kontron AG (ETR:KTN) which was down 7.78% to 20.14 in late trade, SMA Solar Technology AG (ETR:S92G) which lost 7.24% to settle at 41.52 and Evotec AG O.N. (ETR:EVTG) which was down 7.02% to 8.34 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 517 to 110 and 17 ended unchanged.
Shares in SMA Solar Technology AG (ETR:S92G) fell to 52-week lows; down 7.24% or 3.24 to 41.52. Shares in Evotec AG O.N. (ETR:EVTG) fell to 5-year lows; down 7.02% or 0.63 to 8.34. Shares in Sixt SE (ETR:SIXG) fell to 3-years lows; losing 6.69% or 5.10 to 71.10. Shares in Suess Microtec NA O.N. (ETR:SMHNn) unchanged to all time highs; unchanged 0.00% or 0.00 to 63.80. Shares in SMA Solar Technology AG (ETR:S92G) fell to 52-week lows; down 7.24% or 3.24 to 41.52. Shares in Evotec AG O.N. (ETR:EVTG) fell to 5-year lows; losing 7.02% or 0.63 to 8.34.
The DAX volatility index, which measures the implied volatility of DAX options, was down 5.56% to 13.78.
Gold Futures for August delivery was down 1.72% or 40.60 to $2,314.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.18% or 0.14 to hit $78.36 a barrel, while the August Brent oil contract fell 0.12% or 0.10 to trade at $82.50 a barrel.
EUR/USD was down 0.52% to 1.08, while EUR/GBP unchanged 0.22% to 0.84.
The US Dollar Index Futures was up 0.11% at 104.73.