Germany shares lower at close of trade; DAX down 0.49%

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

At the close in Frankfurt, the DAX declined 0.49%, while the MDAX index lost 0.51%, and the TecDAX index declined 0.66%.

The biggest gainers of the session on the DAX were Deutsche Bank AG NA O.N. (DE: DBKGn ), which rose 2.47% or 0.173 points to trade at 7.175 at the close. Linde PLC (DE: LINI ) added 0.73% or 1.300 points to end at 180.050 and Fresenius Medical Care KGAA ST (DE: FMEG ) was up 0.51% or 0.360 points to 71.060 in late trade.

Biggest losers included Siemens AG Class N (DE: SIEGn ), which lost 2.94% or 3.10 points to trade at 102.44 in late trade. Heidelbergcement AG O.N. (DE: HEIG ) declined 2.47% or 1.740 points to end at 68.800 and Covestro AG (DE: 1COV ) shed 1.44% or 0.630 points to 43.220.

The top performers on the MDAX were Zalando SE (DE: ZALG ) which rose 6.19% to 40.51, Leoni AG (DE: LEOGn ) which was up 3.33% to settle at 13.960 and Morphosys AG O.N. (DE: MORG ) which gained 2.79% to close at 90.2500.

The worst performers were Knorr-Bremse AG (DE: KBX ) which was down 4.30% to 92.25 in late trade, Kion Group AG (DE: KGX ) which lost 3.52% to settle at 54.26 and Dialog Semiconductor (DE: DLGS ) which was down 2.95% to 36.250 at the close.

The top performers on the TecDAX were Morphosys AG O.N. (DE: MORG ) which rose 2.79% to 90.250, Medigene NA O.N. (DE: MDG1k ) which was up 1.16% to settle at 7.420 and Nordex SE O.N. (DE: NDXG ) which gained 0.97% to close at 14.640.

The worst performers were Dialog Semiconductor (DE: DLGS ) which was down 2.95% to 36.2500 in late trade, Jenoptik AG (DE: JENGn ) which lost 2.92% to settle at 26.600 and Siltronic AG (DE: WAFGn ) which was down 2.67% to 61.960 at the close.

Declining stocks outnumbered rising ones by 410 to 251 and 93 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 5.10% to 13.39.

In commodities trading, Gold Futures for August delivery was down 1.42% or 20.15 to $1400.75 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.24% or 0.14 to hit $57.48 a barrel, while the September Brent oil contract rose 1.75% or 1.11 to trade at $64.41 a barrel.

EUR/USD was down 0.55% to 1.1221, while EUR/GBP fell 0.03% to 0.8965.

The US Dollar Index Futures was up 0.60% at 96.905.