Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Insurance, Software and Pharmaceuticals & Healthcare sectors led shares lower.
At the close in Frankfurt, the DAX fell 2.32% to hit a new 3-months low, while the MDAX index lost 1.85%, and the TecDAX index declined 2.89%.
The best performers of the session on the DAX were Deutsche Post AG NA O.N. (DE:DPWGn), which fell 0.11% or 0.040 points to trade at 37.110 at the close. Meanwhile, Deutsche Lufthansa AG (DE:LHAG) fell 1.13% or 0.320 points to end at 27.990 and Heidelbergcement AG O.N. (DE:HEIG) was down 1.18% or 1.000 points to 83.700 in late trade.
The worst performers of the session were Muench. Rueckvers. VNA O.N. (DE:MUVGn), which fell 5.33% or 10.15 points to trade at 180.35 at the close. Commerzbank AG O.N. (DE:CBKG) declined 4.50% or 0.582 points to end at 12.352 and Allianz SE VNA O.N. (DE:ALVG) was down 3.80% or 7.54 points to 190.70.
The top performers on the MDAX were CTS Eventim AG (DE:EVDG) which rose 0.86% to 39.900, Alstria Office Reit-Ag (DE:AOXG) which was up 0.49% to settle at 12.400 and MTU Aero Engines NA O.N. (DE:MTXGn) which lost 0.07% to close at 137.50.
The worst performers were Gerresheimer AG (BS:GXId) which was down 4.78% to 64.653 in late trade, Krones AG O.N. (DE:KRNG) which lost 4.11% to settle at 104.900 and Deutsche Pfandbriefbank AG (DE:PBBG) which was down 3.85% to 13.98 at the close.
The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 2.20% to 123.100, Aixtron SE (DE:AIXGn) which was up 0.57% to settle at 11.500 and Wirecard AG (DE:WDIG) which unchanged 0.00% to close at 93.680.
The worst performers were Jenoptik AG (DE:JENG) which was down 9.05% to 29.940 in late trade, Evotec AG O.N. (DE:EVTG) which lost 5.79% to settle at 13.590 and Pfeiffer Vacuum Technology O.N. (DE:PV) which was down 5.24% to 150.10 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 719 to 79 and 19 ended unchanged.
The DAX volatility index, which measures the implied volatility of DAX options, was up 32.75% to 25.55 a new 52-week high.
Gold Futures for April delivery was down 0.35% or 4.70 to $1331.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.42% or 0.27 to hit $63.88 a barrel, while the April Brent oil contract fell 0.71% or 0.48 to trade at $67.14 a barrel.
EUR/USD was up 0.21% to 1.2394, while EUR/GBP rose 0.10% to 0.8868.
The US Dollar Index Futures was down 0.17% at 89.42.