Germany stocks lower at close of trade; DAX down 0.55%

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

At the close in Frankfurt, the DAX fell 0.55%, while the MDAX index declined 1.71%, and the TecDAX index lost 1.11%.

The best performers of the session on the DAX were Covestro AG (ETR:1COV), which rose 12.90% or 5.20 points to trade at 45.51 at the close. Meanwhile, MTU Aero Engines NA O.N. (ETR:MTXGn) added 1.14% or 2.70 points to end at 238.90 and Hannover Rueck SE (ETR:HNRGn) was up 0.98% or 1.85 points to 191.40 in late trade.

The worst performers of the session were Continental AG O.N. (ETR:CONG), which fell 3.24% or 2.32 points to trade at 69.26 at the close. BASF SE NA O.N. (ETR:BASFN) declined 3.20% or 1.41 points to end at 42.65 and Siemens Healthineers AG (ETR:SHLG) was down 2.48% or 1.30 points to 51.08.

The top performers on the MDAX were Rational AG (ETR:RAAG) which rose 2.02% to 657.50, Hensoldt Ag (ETR:HAGG) which was up 0.89% to settle at 29.58 and Scout24 AG (ETR:G24n) which gained 0.88% to close at 59.62.

The worst performers were Lanxess AG (ETR:LXSG) which was down 15.39% to 26.67 in late trade, Delivery Hero AG (ETR:DHER) which lost 5.15% to settle at 34.45 and Kion Group AG (ETR:KGX) which was down 4.98% to 30.53 at the close.

The top performers on the TecDAX were ADTRAN Holdingsa Inc (ETR:QH9) which rose 2.35% to 9.67, Hensoldt Ag (ETR:HAGG) which was up 0.89% to settle at 29.58 and Qiagen NV (ETR:QIA) which gained 0.63% to close at 41.85.

The worst performers were Carl Zeiss Meditec AG (ETR:AFXG) which was down 4.34% to 107.00 in late trade, SMA Solar Technology AG (ETR:S92G) which lost 4.12% to settle at 83.70 and Verbio Vereinigte Bioenergie AG (ETR:VBKG) which was down 4.05% to 40.23 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 469 to 189 and 86 ended unchanged.

Shares in Covestro AG (ETR:1COV) rose to 52-week highs; gaining 12.90% or 5.20 to 45.51. Shares in Lanxess AG (ETR:LXSG) fell to 5-year lows; down 15.39% or 4.85 to 26.67.

The DAX volatility index, which measures the implied volatility of DAX options, was up 3.78% to 14.26.

Gold Futures for August delivery was down 1.16% or 22.95 to $1,948.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 2.06% or 1.48 to hit $70.45 a barrel, while the August Brent oil contract fell 1.21% or 0.92 to trade at $75.17 a barrel.

EUR/USD was unchanged 0.07% to 1.09, while EUR/GBP unchanged 0.23% to 0.86.

The US Dollar Index Futures was up 0.31% at 102.15.