Germany shares lower at close of trade; DAX down 0.40%

Investing.com – Germany equities were lower at the close on Friday, as losses in the Basic Resources , Utilities and Food & Beverages sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 0.40% to hit a new 3-month low, while the MDAX index lost 0.69%, and the TecDAX index declined 1.10%.

The biggest gainers of the session on the DAX were Adidas AG (DE: ADSGN ), which rose 8.79% or 15.55 points to trade at 192.55 at the close. Prosiebensat 1 Media AG (DE: PSMGn ) added 0.98% or 0.325 points to end at 33.440 and Commerzbank AG O.N. (DE: CBKG ) was unchanged 0.00% or 0.000 points to 11.135 in late trade.

Biggest losers included Linde AG O.N. (DE: LING ), which lost 2.15% or 3.55 points to trade at 161.70 in late trade. Continental AG O.N. (DE: CONG ) declined 2.03% or 4.00 points to end at 192.60 and E.ON SE NA (DE: EONGn ) shed 1.95% or 0.164 points to 8.262.

The top performers on the MDAX were Airbus Group SE (F: AIRG ) which rose 0.94% to 72.356, Hochtief AG (DE: HOTG ) which was up 0.73% to settle at 151.50 and Brenntag AG (DE: BNRGn ) which gained 0.34% to close at 48.200.

The worst performers were Jungheinrich AG O.N.VZO (DE: JUNG_p ) which was down 2.30% to 34.135 in late trade, MTU Aero Engines NA O.N. (DE: MTXGn ) which lost 2.11% to settle at 125.15 and Aurubis AG (DE: NAFG ) which was down 1.94% to 73.820 at the close.

The top performers on the TecDAX were Nemetschek AG O.N. (DE: NEKG ) which rose 5.44% to 69.420, Draegerwerk VZO O.N. (DE: DRWG_p ) which was up 1.20% to settle at 97.430 and Dialog Semiconductor (DE: DLGS ) which gained 0.58% to close at 37.245.

The worst performers were Aixtron SE (DE: AIXGn ) which was down 5.73% to 7.352 in late trade, Qiagen NV (DE: QGEN ) which lost 4.76% to settle at 28.035 and Nordex SE O.N. (DE: NDXG ) which was down 2.86% to 11.550 at the close.

Declining stocks outnumbered rising ones by 553 to 214 and 23 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 4.44% to 13.99.

In commodities trading, Gold Futures for August delivery was up 0.72% or 9.01 to $1269.01 a troy ounce. Meanwhile, Crude oil for delivery in September rose 1.35% or 0.66 to hit $49.70 a barrel, while the September Brent oil contract rose 1.86% or 0.96 to trade at $52.45 a barrel.

EUR/USD was up 0.60% to 1.1747, while EUR/GBP rose 0.12% to 0.8949.

The US Dollar Index Futures was down 0.57% at 93.24.