Germany shares lower at close of trade; DAX down 1.68%

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

At the close in Frankfurt, the DAX declined 1.68% to hit a new 3-month low, while the MDAX index lost 2.05%, and the TecDAX index lost 1.51%.

The biggest gainers of the session on the DAX were Muench. Rueckvers. VNA O.N. (DE: MUVGn ), which rose 0.13% or 0.25 points to trade at 189.45 at the close. Deutsche Post AG NA O.N. (DE: DPWGn ) added 0.03% or 0.010 points to end at 37.230 and Henkel & Co KGaA AG Pref (DE: HNKG_p ) was down 0.22% or 0.25 points to 111.90 in late trade.

Biggest losers included Deutsche Bank AG NA O.N. (DE: DBKGn ), which lost 6.21% or 0.918 points to trade at 13.856 in late trade. Linde AG O.N. (DE: LING ) declined 3.20% or 5.80 points to end at 175.20 and Infineon Technologies AG NA O.N. (DE: IFXGn ) shed 3.16% or 0.730 points to 22.400.

The top performers on the MDAX were CTS Eventim AG (DE: EVDG ) which rose 1.56% to 41.540, Talanx AG NA O.N. (DE: TLXGn ) which was up 1.12% to settle at 36.260 and Hannover Rueck SE (DE: HNRGn ) which gained 0.64% to close at 110.80.

The worst performers were Aurubis AG (DE: NAFG ) which was down 4.75% to 81.020 in late trade, Salzgitter AG (DE: SZGG ) which lost 4.00% to settle at 46.750 and Airbus Group SE (F: AIRG ) which was down 3.77% to 88.050 at the close.

The top performers on the TecDAX were Slm Solution G (DE: AM3D ) which rose 4.43% to 41.25, Adva Optical Networking SE (DE: ADAG ) which was up 2.02% to settle at 6.580 and Qiagen NV (DE: QGEN ) which gained 0.48% to close at 27.000.

The worst performers were Medigene NA O.N. (DE: MDG1k ) which was down 6.17% to 16.260 in late trade, Nemetschek AG O.N. (DE: NEKG ) which lost 5.07% to settle at 76.750 and CompuGroup Medical AG O.N. (DE: COPMa ) which was down 4.30% to 49.000 at the close.

Declining stocks outnumbered rising ones by 584 to 155 and 65 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 10.04% to 19.39 a new 6-month high.

In commodities trading, Gold Futures for April delivery was down 0.98% or 13.20 to $1334.70 a troy ounce. Meanwhile, Crude oil for delivery in March fell 1.55% or 1.02 to hit $64.78 a barrel, while the April Brent oil contract fell 2.11% or 1.47 to trade at $68.18 a barrel.

EUR/USD was down 0.48% to 1.2454, while EUR/GBP rose 0.46% to 0.8810.

The US Dollar Index Futures was up 0.63% at 89.04.