Germany stocks lower at close of trade; DAX down 2.74%

Investing.com – Germany stocks were lower after the close on Monday, as losses in the , and sectors led shares lower.

At the close in Frankfurt, the fell 2.74%, while the index lost 2.32%, and the index fell 2.85%.

The best performers of the session on the were RWE AG ST O.N. (DE:), which fell 1.00% or 0.320 points to trade at 31.600 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:) fell 1.05% or 0.082 points to end at 7.747 and Vonovia SE (DE:) was down 1.21% or 0.62 points to 50.60 in late trade.

The worst performers of the session were Wirecard AG (DE:), which fell 4.48% or 6.300 points to trade at 134.300 at the close. Deutsche Lufthansa AG (DE:) declined 4.33% or 0.625 points to end at 13.800 and Adidas AG (DE:) was down 4.15% or 13.00 points to 300.00.

The top performers on the MDAX were Gerresheimer AG (DE:) which rose 0.21% to 70.900, Freenet AG NA (DE:) which was down 0.52% to settle at 19.955 and Osram Licht AG (DE:) which lost 0.63% to close at 45.45.

The worst performers were Varta AG (DE:) which was down 5.47% to 77.700 in late trade, Siltronic AG (DE:) which lost 5.20% to settle at 89.620 and K+S AG NA O.N. (DE:) which was down 4.68% to 8.276 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:) which rose 0.08% to 12.520, S&T AG (DE:) which was down 0.31% to settle at 25.50 and Freenet AG NA (DE:) which lost 0.52% to close at 19.955.

The worst performers were Varta AG (DE:) which was down 5.47% to 77.700 in late trade, Siltronic AG (DE:) which lost 5.20% to settle at 89.620 and Wirecard AG (DE:) which was down 4.48% to 134.300 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 622 to 70 and 58 ended unchanged.

Shares in K+S AG NA O.N. (DE:) fell to 5-year lows; falling 4.68% or 0.406 to 8.276.

The , which measures the implied volatility of DAX options, was up 30.65% to 17.69 a new 1-month high.

Gold Futures for February delivery was up 0.44% or 6.95 to $1578.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 2.62% or 1.42 to hit $52.77 a barrel, while the April Brent oil contract fell 2.70% or 1.62 to trade at $58.27 a barrel.

EUR/USD was down 0.07% to 1.1015, while EUR/GBP rose 0.08% to 0.8434.

The US Dollar Index Futures was up 0.12% at 97.770.

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