Germany shares lower at close of trade; DAX down 1.25%

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

At the close in Frankfurt, the DAX fell 1.25% to hit a new 1-month low, while the MDAX index lost 1.19%, and the TecDAX index fell 0.73%.

The biggest gainers of the session on the DAX were Deutsche Lufthansa AG (DE: LHAG ), which rose 1.35% or 0.390 points to trade at 29.260 at the close. Prosiebensat 1 Media AG (DE: PSMGn ) added 0.11% or 0.030 points to end at 26.750 and Fresenius SE & Co KGAA O.N. (DE: FREG ) was down 0.02% or 0.010 points to 60.600 in late trade.

Biggest losers included Thyssenkrupp AG O.N. (DE: TKAG ), which lost 2.94% or 0.675 points to trade at 22.315 in late trade. Infineon Technologies AG NA O.N. (DE: IFXGn ) declined 2.91% or 0.675 points to end at 22.525 and Volkswagen AG VZO O.N. (DE: VOWG_p ) shed 2.67% or 4.75 points to 173.35.

The top performers on the MDAX were Metro AG (DE: MEOG ) which rose 1.14% to 11.135, STADA Arzneimittel VNA O.N. (DE: STAGn ) which was up 0.70% to settle at 81.950 and Norma Group AG NA O.N. (DE: NOEJ ) which gained 0.62% to close at 53.790.

The worst performers were Hella KGaA Hueck & Co (DE: HLE ) which was down 2.77% to 50.15 in late trade, Schaeffler AG Pref (DE: SHA_p ) which lost 2.52% to settle at 14.29 and Hannover Rueck SE (DE: HNRGn ) which was down 2.49% to 107.65 at the close.

The top performers on the TecDAX were Drillisch AG (DE: DRIG ) which rose 2.71% to 65.850, Dialog Semiconductor (DE: DLGS ) which was up 2.45% to settle at 31.210 and Morphosys AG O.N. (DE: MORG ) which gained 0.83% to close at 79.970.

The worst performers were Nordex SE O.N. (DE: NDXG ) which was down 5.75% to 8.043 in late trade, GFT Technologies AG (DE: GFTG ) which lost 5.05% to settle at 11.750 and Sartorius AG VZO O.N. (DE: SATG_p ) which was down 4.27% to 77.060 at the close.

Declining stocks outnumbered rising ones by 534 to 223 and 23 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 14.18% to 16.13 a new 1-month high.

In commodities trading, Gold Futures for December delivery was up 0.77% or 9.74 to $1282.94 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.76% or 1.01 to hit $58.41 a barrel, while the February Brent oil contract rose 1.82% or 1.14 to trade at $63.77 a barrel.

EUR/USD was up 0.01% to 1.1904, while EUR/GBP rose 0.22% to 0.8819.

The US Dollar Index Futures was down 0.22% at 92.77.