German shares moved lower on Monday on China's growth concerns and escalated worries over Eurozone's economic instability. In Spain, thousands of people protested against public spending reductions. At the same time, easing measures in the US continued to support German stocks. The German DAX Index inched down 0.18% to trade at 7,392.06. All but one business sectors included in the index plunged. Basic materials' producers gained 0.51%, with K+S and Linde gaining 0.73% and 0.77%. At the same time, utility companies created heavy pressure on the German blue chips index, dropping by 1.13%. E.ON and RWE slumped 1.59% and 1.21%.