Germany shares lower at close of trade; DAX down 0.03%

Investing.com – Germany equities were lower at the close on Friday, as losses in the Financial Services , Technology and Telecoms sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 0.03%, while the MDAX index declined 0.54%, and the TecDAX index declined 0.67%.

The biggest gainers of the session on the DAX were Merck KGaA (DE: MRCG ), which rose 1.74% or 1.57 points to trade at 91.93 at the close. Fresenius SE & Co KGAA O.N. (DE: FREG ) added 1.67% or 1.120 points to end at 68.350 and E.ON SE NA (DE: EONGn ) was up 1.52% or 0.139 points to 9.258 in late trade.

Biggest losers included Commerzbank AG O.N. (DE: CBKG ), which lost 1.60% or 0.175 points to trade at 10.750 in late trade. Deutsche Bank AG NA O.N. (DE: DBKGn ) declined 1.39% or 0.200 points to end at 14.220 and Vonovia SE (DE: VNAn ) shed 1.29% or 0.46 points to 35.09.

The top performers on the MDAX were Aareal Bank AG (DE: ARLG ) which rose 1.38% to 34.835, Hannover Rueck SE (DE: HNRGn ) which was up 1.30% to settle at 105.10 and Jungheinrich AG O.N.VZO (DE: JUNG_p ) which gained 1.03% to close at 33.395.

The worst performers were Deutsche Wohnen AG (DE: DWNG ) which was down 1.87% to 34.570 in late trade, Innogy SE (DE: IGY ) which lost 1.80% to settle at 36.220 and Tag Immobilien AG (DE: TEGG ) which was down 1.79% to 13.750 at the close.

The top performers on the TecDAX were GFT Technologies AG (DE: GFTG ) which rose 2.12% to 16.625, SMA Solar Technology AG (DE: S92G ) which was up 1.79% to settle at 34.115 and S&T AG (F: SANT1 ) which gained 0.73% to close at 16.570.

The worst performers were Slm Solution G (DE: AM3D ) which was down 5.39% to 30.00 in late trade, Aixtron SE (DE: AIXGn ) which lost 3.53% to settle at 6.800 and Adva Optical Networking SE (DE: ADAG ) which was down 2.43% to 6.469 at the close.

Declining stocks outnumbered rising ones by 552 to 218 and 18 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 2.92% to 17.48.

In commodities trading, Gold Futures for December delivery was up 0.28% or 3.62 to $1293.72 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.41% or 0.20 to hit $48.39 a barrel, while the October Brent oil contract fell 0.39% or 0.20 to trade at $51.70 a barrel.

EUR/USD was up 0.37% to 1.1815, while EUR/GBP rose 0.13% to 0.9084.

The US Dollar Index Futures was down 0.29% at 93.03.