Germany shares mixed at close of trade; DAX down 0.08%

Investing.com – Germany equities were mixed at the close on Friday, as gains in the Food & Beverages , Retail and Basic Resources sectors propelled shares higher while losses in the Construction , Insurance and Telecoms sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.08%, while the MDAX index climbed 0.33%, and the TecDAX index added 0.44%.

The biggest gainers of the session on the DAX were Volkswagen AG VZO O.N. (DE: VOWG_p ), which rose 1.46% or 2.10 points to trade at 145.45 at the close. BASF SE NA O.N. (DE: BASFN ) added 1.23% or 1.020 points to end at 83.720 and Fresenius Medical Care KGAA ST (DE: FMEG ) was up 0.73% or 0.620 points to 85.940 in late trade.

Biggest losers included Commerzbank AG O.N. (DE: CBKG ), which lost 1.20% or 0.135 points to trade at 11.130 in late trade. Thyssenkrupp AG O.N. (DE: TKAG ) declined 0.97% or 0.260 points to end at 26.565 and Deutsche Bank AG NA O.N. (DE: DBKGn ) shed 0.91% or 0.150 points to 16.370.

The top performers on the MDAX were Norma Group AG NA O.N. (DE: NOEJ ) which rose 4.50% to 54.560, Metro AG (DE: MEOG ) which was up 4.17% to settle at 9.839 and Salzgitter AG (DE: SZGG ) which gained 3.21% to close at 38.250.

The worst performers were Innogy SE (DE: IGY ) which was down 1.33% to 35.885 in late trade, Airbus Group SE (F: AIRG ) which lost 0.90% to settle at 74.413 and Hannover Rueck SE (DE: HNRGn ) which was down 0.82% to 108.80 at the close.

The top performers on the TecDAX were SMA Solar Technology AG (DE: S92G ) which rose 5.69% to 29.920, Drillisch AG (DE: DRIG ) which was up 1.65% to settle at 54.810 and Draegerwerk VZO O.N. (DE: DRWG_p ) which gained 1.45% to close at 95.760.

The worst performers were GFT Technologies AG (DE: GFTG ) which was down 2.80% to 14.950 in late trade, Evotec AG O.N. (DE: EVTG ) which lost 1.63% to settle at 14.150 and Xing AG (DE: OBCGn ) which was down 1.57% to 238.30 at the close.

Declining stocks outnumbered rising ones by 387 to 371 and 30 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was down 2.64% to 12.34.

In commodities trading, Gold Futures for August delivery was up 0.88% or 10.66 to $1227.96 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.89% or 0.41 to hit $46.49 a barrel, while the September Brent oil contract rose 0.93% or 0.45 to trade at $48.87 a barrel.

EUR/USD was up 0.49% to 1.1454, while EUR/GBP fell 0.58% to 0.8758.

The US Dollar Index Futures was down 0.55% at 95.03.