German DAX index retreated from last week gains and traded lower on Monday as investors made a pause. Car makers created the biggest losses for the index. BMW AG tumbled 2% after Goldman Sachs confirmed the buy rating on the share but discarded it from its conviction-buy list. Daimler AG fell 0.9% and Volkswagen AG lost 1.9%. On the upside index was supported by K+S AG and Commerzbank AG both surging 1.1%. At the moment of writing DAX index is 0.33% or 23.25 points down at 7,134.97.