Defence stock jumps after receiving order for gun stand assemblies from defence firm
Investing.com – Germany equities were lower at the close on Friday, as losses in the DAX Construction, DAX Media and DAX Consumer & Cyclical sectors led shares lower.
At the close in Frankfurt, the DAX declined 1.14% to hit a new 1-month low, while the MDAX index lost 1.48%, and the TecDAX index declined 1.25%.
The biggest gainers of the session on the DAX were Rheinmetall AG (ETR:RHMG), which rose 2.72% or 47.50 points to trade at 1,795.50 at the close. RWE AG ST O.N. (ETR:RWEG) added 1.02% or 0.36 points to end at 35.59 and Daimler Truck Holding AG (ETR:DTGGe) was up 0.74% or 0.28 points to 38.13 in late trade.
Biggest losers included Adidas AG (ETR:ADSGN), which fell 2.77% or 5.70 points to trade at 200.00 in late trade. Dr Ing hc F Porsche AG Preferred (ETR:P911_p) declined 2.54% or 1.08 points to end at 41.39 and SAP SE (ETR:SAPG) down 2.45% or 6.40 points to 254.75.
The top performers on the MDAX were Redcare Pharmacy NV (ETR:RDC) which rose 1.77% to 92.00, RENK Group AG (ETR:R3NK) which was up 0.76% to settle at 71.40 and K+S AG (ETR:SDFGn) which gained 0.62% to close at 16.11.
The worst performers were Fuchs Se Pref (ETR:FPE3_p) which was down 4.66% to 46.60 in late trade, AUTO1 Group SE (ETR:AG1G) which lost 4.38% to settle at 23.58 and Kion Group AG (ETR:KGX) which was down 4.02% to 41.56 at the close.
The top performers on the TecDAX were IONOS Group SE (ETR:IOSn) which rose 1.59% to 41.55, 11 AG (ETR:1U1) which was up 0.22% to settle at 18.42 and SUSS MicroTec SE (ETR:SMHNn) which gained 0.15% to close at 41.28.
The worst performers were Draegerwerk VZO O.N. (ETR:DRWG_p) which was down 3.90% to 69.00 in late trade, Formycon AG (ETR:FYB) which lost 3.72% to settle at 27.15 and Siltronic AG (ETR:WAFGn) which was down 3.52% to 38.32 at the close.
Falling stocks outnumbered advancing ones by 446 to 155 and 28 ended unchanged on the Frankfurt Stock Exchange.
Shares in RWE AG ST O.N. (ETR:RWEG) rose to 52-week highs; rising 1.02% or 0.36 to 35.59.
The DAX New Volatility, which measures the implied volatility of DAX options, was down 2.59% to 19.02.
Gold Futures for August delivery was up 1.24% or 42.30 to $3,444.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 5.47% or 3.72 to hit $71.76 a barrel, while the August Brent oil contract rose 5.45% or 3.78 to trade at $73.14 a barrel.
EUR/USD was unchanged 0.26% to 1.16, while EUR/GBP unchanged 0.04% to 0.85.
The US Dollar Index Futures was up 0.18% at 98.08.