Investing.com – Germany stocks were lower after the close on Wednesday, as losses in the Software, Technology and Consumer & Cyclical sectors led shares lower.
At the close in Frankfurt, the DAX fell 2.21% to hit a new 52-week low, while the MDAX index fell 2.63%, and the TecDAX index lost 4.26%.
The best performers of the session on the DAX were Deutsche Telekom AG Na (DE:DTEGn), which rose 2.70% or 0.375 points to trade at 14.285 at the close. Meanwhile, Merck KGaA (DE:MRCG) added 0.90% or 0.80 points to end at 89.74 and Bayer AG NA (DE:BAYGN) was up 0.08% or 0.06 points to 75.01 in late trade.
The worst performers of the session were Wirecard AG (DE:WDIG), which fell 14.19% or 25.875 points to trade at 156.425 at the close. SAP SE (DE:SAPG) declined 4.90% or 5.090 points to end at 98.710 and Adidas AG (DE:ADSGN) was down 4.53% or 9.25 points to 195.15.
The top performers on the MDAX were Telefonica Deutschland Holding AG (DE:O2Dn) which rose 3.11% to 3.553, Drillisch AG (DE:DRIG) which was up 2.45% to settle at 37.560 and Deutsche Pfandbriefbank AG (DE:PBBG) which gained 1.90% to close at 12.90.
The worst performers were Hella KGaA Hueck & Co (DE:HLE) which was down 8.17% to 40.68 in late trade, Nemetschek AG O.N. (DE:NEKG) which lost 7.83% to settle at 110.700 and Bechtle AG (DE:BC8G) which was down 7.53% to 78.000 at the close.
The top performers on the TecDAX were Telefonica Deutschland Holding AG (DE:O2Dn) which rose 3.11% to 3.553, Drillisch AG (DE:DRIG) which was up 2.45% to settle at 37.560 and SLM Solutions Group AG (DE:AM3D) which gained 0.24% to close at 16.48.
The worst performers were Wirecard AG (DE:WDIG) which was down 14.19% to 156.425 in late trade, Jenoptik AG (DE:JENGn) which lost 9.69% to settle at 26.480 and Isra Vision O.N. (DE:ISRG) which was down 8.73% to 37.65 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 592 to 123 and 59 ended unchanged.
Shares in Hella KGaA Hueck & Co (DE:HLE) fell to 52-week lows; down 8.17% or 3.62 to 40.68. Shares in Isra Vision O.N. (DE:ISRG) fell to 3-years lows; falling 8.73% or 3.60 to 37.65.
The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 16.85.
Gold Futures for December delivery was up 0.11% or 1.30 to $1192.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 2.17% or 1.63 to hit $73.33 a barrel, while the December Brent oil contract fell 1.89% or 1.61 to trade at $83.39 a barrel.
EUR/USD was up 0.46% to 1.1543, while EUR/GBP fell 0.02% to 0.8740.
The US Dollar Index Futures was down 0.30% at 95.07.