Germany shares lower at close of trade; DAX down 0.60%

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

At the close in Frankfurt, the DAX declined 0.60%, while the MDAX index declined 0.82%, and the TecDAX index declined 1.85%.

The biggest gainers of the session on the DAX were Henkel & Co KGaA AG Pref (DE: HNKG_p ), which rose 1.07% or 0.94 points to trade at 88.48 at the close. Fresenius Medical Care KGAA ST (DE: FMEG ) added 0.66% or 0.440 points to end at 66.700 and Linde PLC (DE: LINI ) was up 0.53% or 0.950 points to 180.600 in late trade.

Biggest losers included Infineon Technologies AG NA O.N. (DE: IFXGn ), which lost 5.29% or 0.803 points to trade at 14.385 in late trade. Thyssenkrupp AG O.N. (DE: TKAG ) declined 2.53% or 0.305 points to end at 11.770 and BASF SE NA O.N. (DE: BASFN ) shed 1.88% or 1.160 points to 60.480.

The top performers on the MDAX were Zalando SE (DE: ZALG ) which rose 2.14% to 37.79, Puma SE (DE: PUMG ) which was up 1.78% to settle at 54.45 and Metro Wholesale & Food Specialist AG (DE: B4B ) which gained 1.31% to close at 15.0650.

The worst performers were Bechtle AG (DE: BC8G ) which was down 12.56% to 92.950 in late trade, Siltronic AG (DE: WAFGn ) which lost 5.53% to settle at 57.740 and United Internet AG NA (DE: UTDI ) which was down 4.50% to 31.650 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE: S92G ) which rose 3.78% to 24.680, Qiagen NV (DE: QIA ) which was up 0.40% to settle at 35.240 and Morphosys AG O.N. (DE: MORG ) which gained 0.23% to close at 88.250.

The worst performers were Bechtle AG (DE: BC8G ) which was down 12.56% to 92.950 in late trade, Siltronic AG (DE: WAFGn ) which lost 5.53% to settle at 57.740 and Infineon Technologies AG NA O.N. (DE: IFXGn ) which was down 5.29% to 14.385 at the close.

Declining stocks outnumbered rising ones by 446 to 243 and 88 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 22.77% to 14.92 a new 1-month low.

In commodities trading, Gold Futures for August delivery was up 0.21% or 2.80 to $1346.50 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.77% or 0.40 to hit $52.68 a barrel, while the August Brent oil contract rose 1.17% or 0.72 to trade at $62.03 a barrel.

EUR/USD was down 0.60% to 1.1207, while EUR/GBP rose 0.03% to 0.8897.

The US Dollar Index Futures was up 0.57% at 97.553.