Germany stocks lower at close of trade; DAX down 0.47%
Investing.com – Germany stocks were lower after the close on Friday, as losses in the Construction , Transportation & Logistics and Technology sectors led shares lower.
At the close in Frankfurt, the DAX lost 0.47%, while the MDAX index declined 0.86%, and the TecDAX index lost 0.42%.
The best performers of the session on the DAX were Deutsche Telekom AG Na (ETR: DTEGn ), which rose 1.26% or 0.42 points to trade at 33.76 at the close. Meanwhile, Munich Reinsurance (ETR: MUVGn ) added 0.80% or 4.60 points to end at 580.20 and Siemens Energy AG (ETR: ENR1n ) was up 0.78% or 0.48 points to 61.82 in late trade.
The worst performers of the session were Zalando SE (ETR: ZALG ), which fell 3.40% or 1.09 points to trade at 31.01 at the close. Infineon Technologies AG NA O.N. (ETR: IFXGn ) declined 2.81% or 0.96 points to end at 33.25 and Beiersdorf AG O.N. (ETR: BEIG ) was down 2.79% or 3.65 points to 127.20.
The top performers on the MDAX were Delivery Hero AG (ETR: DHER ) which rose 6.54% to 24.11, RTL Group SA (ETR: RRTL ) which was up 2.03% to settle at 35.25 and Lanxess AG (ETR: LXSG ) which gained 1.50% to close at 29.72.
The worst performers were Fuchs Se Pref (ETR: FPE3_p ) which was down 6.93% to 45.96 in late trade, HelloFresh SE (ETR: HFGG ) which lost 6.40% to settle at 7.72 and Hugo Boss AG NA O.N. (ETR: BOSSn ) which was down 3.95% to 36.50 at the close.
The top performers on the TecDAX were SUSS MicroTec SE (ETR: SMHNn ) which rose 5.02% to 41.85, PNE Wind AG (ETR: PNEGn ) which was up 1.55% to settle at 14.40 and Deutsche Telekom AG Na (ETR: DTEGn ) which gained 1.26% to close at 33.76.
The worst performers were Nagarro SE (ETR: NA9n ) which was down 4.79% to 75.45 in late trade, Bechtle AG (ETR: BC8G ) which lost 3.53% to settle at 37.68 and Infineon Technologies AG NA O.N. (ETR: IFXGn ) which was down 2.81% to 33.25 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 390 to 216 and 27 ended unchanged.
The DAX volatility index , which measures the implied volatility of DAX options, was up 2.83% to 22.81 a new 6-months high.
Gold Futures for April delivery was down 0.72% or 22.00 to $3,021.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.34% or 0.23 to hit $68.30 a barrel, while the May Brent oil contract rose 0.21% or 0.15 to trade at $72.15 a barrel.
EUR/USD was unchanged 0.29% to 1.08, while EUR/GBP unchanged 0.07% to 0.84.
The US Dollar Index Futures was up 0.28% at 103.79.