Germany shares lower at close of trade; DAX down 0.52%

Investing.com – Germany equities were lower at the close on Friday, as losses in the Basic Resources , Technology and Construction sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 0.52%, while the MDAX index declined 0.13%, and the TecDAX index lost 0.50%.

The biggest gainers of the session on the DAX were Prosiebensat 1 Media AG (DE: PSMGn ), which rose 2.66% or 0.750 points to trade at 28.980 at the close. Deutsche Lufthansa AG (DE: LHAG ) added 2.01% or 0.520 points to end at 26.350 and Bayerische Motoren Werke AG (DE: BMWG ) was up 0.30% or 0.270 points to 88.970 in late trade.

Biggest losers included Daimler AG NA O.N. (DE: DAIGn ), which lost 6.07% or 4.225 points to trade at 65.385 in late trade. Deutsche Bank AG NA O.N. (DE: DBKGn ) declined 2.64% or 0.308 points to end at 11.352 and Thyssenkrupp AG O.N. (DE: TKAG ) shed 1.28% or 0.280 points to 21.640.

The top performers on the MDAX were Osram Licht AG (F: OSRn ) which rose 2.53% to 59.940, Deutsche Euroshop AG (DE: DEQGn ) which was up 1.24% to settle at 29.360 and Norma Group AG NA O.N. (DE: NOEJ ) which gained 1.09% to close at 60.300.

The worst performers were Aareal Bank AG (DE: ARLG ) which was down 3.34% to 38.820 in late trade, Krones AG O.N. (DE: KRNG ) which lost 3.11% to settle at 102.700 and Salzgitter AG (DE: SZGG ) which was down 3.09% to 40.470 at the close.

The top performers on the TecDAX were Adva Optical Networking SE (DE: ADAG ) which rose 4.81% to 5.230, Cancom SE O.N. (DE: COKG ) which was up 2.57% to settle at 89.750 and Nemetschek AG O.N. (DE: NEKG ) which gained 2.49% to close at 94.750.

The worst performers were Evotec AG O.N. (DE: EVTG ) which was down 4.10% to 14.390 in late trade, Siltronic AG (DE: WAFGn ) which lost 3.65% to settle at 135.900 and RIB Software AG Na (DE: RIB ) which was down 3.55% to 18.500 at the close.

Declining stocks outnumbered rising ones by 414 to 265 and 83 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 3.95% to 18.71.

In commodities trading, Gold Futures for June delivery was up 0.55% or 7.30 to $1335.80 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.89% or 1.20 to hit $62.34 a barrel, while the June Brent oil contract fell 1.38% or 0.94 to trade at $67.39 a barrel.

EUR/USD was up 0.27% to 1.2274, while EUR/GBP fell 0.33% to 0.8713.

The US Dollar Index Futures was down 0.29% at 89.86.