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Germany stocks lower at close of trade; DAX down 1.46%

October 6, 2021

Germany stocks were lower after the close on Wednesday, as losses in the Telecoms, Chemicals and Media sectors led shares lower.

At the close in Frankfurt, the DAX declined 1.46% to hit a new 3-months low, while the MDAX index declined 2.14%, and the TecDAX index declined 2.11%.

The best performers of the session on the DAX were SAP SE (DE:SAPG), which rose 1.13% or 1.300 points to trade at 116.160 at the close. Meanwhile, Qiagen NV (DE:QIA) added 0.41% or 0.180 points to end at 44.085 and Bayer AG NA (DE:BAYGN) was up 0.20% or 0.09 points to 46.23 in late trade.