Germany shares lower at close of trade; DAX down 0.94%

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Germany shares lower at close of trade; DAX down 0.94%
Credit: © Reuters. – Germany equities were lower at the close on Friday, as losses in the Telecoms , Insurance and Technology sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 0.94%, while the MDAX index lost 0.79%, and the TecDAX index declined 1.72%.

The biggest gainers of the session on the DAX were Fresenius Medical Care KGAA ST (DE: FMEG ), which rose 2.03% or 1.400 points to trade at 70.320 at the close. Vonovia SE (DE: VNAn ) added 0.99% or 0.40 points to end at 40.78 and Bayerische Motoren Werke AG (DE: BMWG ) was up 0.70% or 0.520 points to 75.020 in late trade.

Biggest losers included Deutsche Bank AG NA O.N. (DE: DBKGn ), which lost 3.40% or 0.300 points to trade at 8.520 in late trade. RWE AG ST O.N. (DE: RWEG ) declined 2.63% or 0.465 points to end at 17.245 and Covestro AG (DE: 1COV ) shed 2.41% or 1.300 points to 52.700.

The top performers on the MDAX were Kion Group AG (DE: KGX ) which rose 6.45% to 49.66, Aroundtown Property Holdings PLC (DE: AT1 ) which was up 1.37% to settle at 7.410 and Sartorius AG VZO O.N. (DE: SATG_p ) which gained 1.34% to close at 120.600.

The worst performers were Drillisch AG (DE: DRIG ) which was down 10.19% to 35.060 in late trade, Siltronic AG (DE: WAFGn ) which lost 6.16% to settle at 73.720 and Nemetschek AG O.N. (DE: NEKG ) which was down 5.86% to 110.900 at the close.

The top performers on the TecDAX were Takkt AG O.N. (DE: TTKG ) which rose 6.86% to 14.960, Tele Columbus AG (DE: TC1n ) which was up 3.02% to settle at 3.25 and Dialog Semiconductor (DE: DLGS ) which gained 2.97% to close at 19.7700.

The worst performers were SLM Solutions Group AG (DE: AM3D ) which was down 7.32% to 13.68 in late trade, Sixt AG ST O.N. (DE: SIXG ) which lost 5.51% to settle at 86.550 and SMA Solar Technology AG (DE: S92G ) which was down 5.47% to 18.310 at the close.

Declining stocks outnumbered rising ones by 516 to 183 and 74 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 4.29% to 21.17.

In commodities trading, Gold Futures for December delivery was up 0.95% or 11.70 to $1240.80 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.16% or 0.11 to hit $67.44 a barrel, while the December Brent oil contract rose 0.47% or 0.36 to trade at $77.25 a barrel.

EUR/USD was up 0.28% to 1.1406, while EUR/GBP rose 0.15% to 0.8887.

The US Dollar Index Futures was down 0.35% at 96.12.

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