Investing.com – Germany stocks were lower after the close on Thursday, as losses in the Retail, Technology and Insurance sectors led shares lower.
At the close in Frankfurt, the DAX fell 3.19% to hit a new 3-months low, while the MDAX index declined 3.43%, and the TecDAX index declined 3.33%.
The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which fell 0.06% or 0.020 points to trade at 32.550 at the close. Meanwhile, E.ON SE NA (DE:EONGn) fell 1.26% or 0.138 points to end at 10.852 and Siemens AG Class N (DE:SIEGn) was down 1.83% or 1.80 points to 96.70 in late trade.
The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 6.55% or 0.580 points to trade at 8.280 at the close. Deutsche Lufthansa AG (DE:LHAG) declined 6.05% or 0.790 points to end at 12.270 and Infineon Technologies AG NA O.N. (DE:IFXGn) was down 5.12% or 1.052 points to 19.488.
The top performers on the MDAX were Duerr AG (DE:DUEG) which rose 4.78% to 27.860, TeamViewer AG (DE:TMV) which was up 2.68% to settle at 29.88 and Qiagen NV (DE:QIA) which gained 2.14% to close at 33.360.
The worst performers were Zalando SE (DE:ZALG) which was down 8.78% to 40.93 in late trade, Dialog Semiconductor (DE:DLGS) which lost 6.75% to settle at 33.270 and Alstria Office Reit-Ag (DE:AOXG) which was down 6.71% to 16.810 at the close.
The top performers on the TecDAX were TeamViewer AG (DE:TMV) which rose 2.68% to 29.88, Qiagen NV (DE:QIA) which was up 2.14% to settle at 33.360 and Morphosys AG O.N. (DE:MORG) which unchanged 0.00% to close at 108.200.
The worst performers were Dialog Semiconductor (DE:DLGS) which was down 6.75% to 33.270 in late trade, Varta AG (DE:VAR1) which lost 6.29% to settle at 73.000 and S&T AG (DE:SANT1) which was down 5.80% to 20.78 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 642 to 65 and 36 ended unchanged.
Shares in Deutsche Lufthansa AG (DE:LHAG) fell to 3-years lows; falling 6.05% or 0.790 to 12.270.
The DAX volatility index, which measures the implied volatility of DAX options, was up 35.18% to 32.70 a new 52-week high.
Gold Futures for April delivery was down 0.04% or 0.65 to $1642.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 2.65% or 1.29 to hit $47.44 a barrel, while the May Brent oil contract fell 1.76% or 0.93 to trade at $51.88 a barrel.
EUR/USD was up 0.95% to 1.0982, while EUR/GBP rose 1.08% to 0.8520.
The US Dollar Index Futures was down 0.44% at 98.507.