Germany stocks lower at close of trade; DAX down 1.12%
German stocks closed lower on Thursday, with the DAX falling 1.12% to a new 1-month low. Technology, Pharmaceuticals & Healthcare, and Construction sectors contributed to the decline. Scout24 AG and Fresenius SE & Co KGAA were the top performers among other sectors. Volkswagen AG and Infineon Technologies AG were among the worst performers.
The MDAX and TecDAX also saw declines, with 5 stocks in each index finishing unchanged. The DAX volatility index increased by 8.14%. Gold Futures and Crude oil futures showed positive trends, while EUR/USD remained unchanged. The US Dollar Index Futures had a slight uptick.
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