Germany stocks lower at close of trade; DAX down 1.02%

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

At the close in Frankfurt, the DAX fell 1.02%, while the MDAX index declined 0.64%, and the TecDAX index lost 0.12%.

The best performers of the session on the DAX were Siemens Healthineers AG (ETR:SHLG), which rose 2.42% or 1.28 points to trade at 54.22 at the close. Meanwhile, Deutsche Boerse AG (ETR:DB1Gn) added 1.39% or 2.55 points to end at 186.00 and Vonovia SE (ETR:VNAn) was up 1.31% or 0.38 points to 29.39 in late trade.

The worst performers of the session were Siemens Energy AG (ETR:ENR1n), which fell 6.13% or 1.56 points to trade at 23.87 at the close. Rheinmetall AG (ETR:RHMG) declined 3.36% or 18.00 points to end at 517.00 and Allianz SE VNA O.N. (ETR:ALVG) was down 3.25% or 8.80 points to 262.00.

The top performers on the MDAX were Freenet AG NA (ETR:FNTGn) which rose 3.59% to 25.38, Stroeer SE (ETR:SAXG) which was up 1.53% to settle at 66.50 and Wacker Chemie O.N. (ETR:WCHG) which gained 1.04% to close at 101.00.

The worst performers were Lanxess AG (ETR:LXSG) which was down 3.39% to 23.96 in late trade, Siltronic AG (ETR:WAFGn) which lost 2.97% to settle at 71.90 and Redcare Pharmacy NV (ETR:RDC) which was down 2.89% to 114.30 at the close.

The top performers on the TecDAX were Freenet AG NA (ETR:FNTGn) which rose 3.59% to 25.38, Eckert&Ziegler AG O.N. (ETR:EUZG) which was up 3.40% to settle at 48.04 and Siemens Healthineers AG (ETR:SHLG) which gained 2.42% to close at 54.22.

The worst performers were Siltronic AG (ETR:WAFGn) which was down 2.97% to 71.90 in late trade, SMA Solar Technology AG (ETR:S92G) which lost 2.65% to settle at 46.34 and Hensoldt Ag (ETR:HAGG) which was down 2.28% to 36.92 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 349 to 250 and 37 ended unchanged.

Shares in Eckert&Ziegler AG O.N. (ETR:EUZG) rose to 52-week highs; up 3.40% or 1.58 to 48.04.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.37% to 13.46.

Gold Futures for August delivery was down 0.90% or 21.30 to $2,348.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.54% or 1.14 to hit $73.08 a barrel, while the August Brent oil contract fell 1.42% or 1.11 to trade at $77.25 a barrel.

EUR/USD was unchanged 0.20% to 1.09, while EUR/GBP unchanged 0.07% to 0.85.

The US Dollar Index Futures was up 0.02% at 104.10.