Germany stocks lower at close of trade; DAX down 3.27%

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

At the close in Frankfurt, the fell 3.27% to hit a new 1-month low, while the index declined 3.56%, and the index fell 2.37%.

The best performers of the session on the were Qiagen NV (ETR:), which rose 0.81% or 0.35 points to trade at 43.34 at the close. Meanwhile, E.ON SE (ETR:) added 0.48% or 0.05 points to end at 10.38 and Deutsche Telekom AG Na (ETR:) was up 0.21% or 0.05 points to 21.67 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (ETR:), which fell 9.25% or 0.98 points to trade at 9.60 at the close. Commerzbank AG O.N. (ETR:) declined 8.71% or 0.90 points to end at 9.49 and Siemens Energy AG (ETR:) was down 6.92% or 1.36 points to 18.23.

The top performers on the MDAX were Tag Immobilien AG (ETR:) which rose 0.44% to 6.88, ADTRAN Holdingsa Inc (ETR:) which was up 0.35% to settle at 14.40 and Vantage Towers AG (ETR:) which gained 0.29% to close at 34.10.

The worst performers were Nordex SE O.N. (ETR:) which was down 11.30% to 13.19 in late trade, Lanxess AG (ETR:) which lost 11.30% to settle at 34.85 and Thyssenkrupp AG O.N. (ETR:) which was down 8.42% to 6.26 at the close.

The top performers on the TecDAX were Qiagen NV (ETR:) which rose 0.81% to 43.34, ADTRAN Holdingsa Inc (ETR:) which was up 0.35% to settle at 14.40 and Vantage Towers AG (ETR:) which gained 0.29% to close at 34.10.

The worst performers were Nordex SE O.N. (ETR:) which was down 11.30% to 13.19 in late trade, Suse SA (ETR:) which lost 6.54% to settle at 17.43 and SMA Solar Technology AG (ETR:) which was down 6.04% to 77.80 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 553 to 146 and 60 ended unchanged.

Shares in Deutsche Telekom AG Na (ETR:) rose to all time highs; up 0.21% or 0.05 to 21.67.

The , which measures the implied volatility of DAX options, was up 35.91% to 28.88 a new 3-months high.

Gold Futures for April delivery was up 1.00% or 19.15 to $1,930.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 6.00% or 4.28 to hit $67.05 a barrel, while the May Brent oil contract fell 5.56% or 4.31 to trade at $73.14 a barrel.

EUR/USD was down 1.66% to 1.06, while EUR/GBP fell 0.74% to 0.88.

The US Dollar Index Futures was up 1.24% at 104.50.