Germany shares lower at close of trade; DAX down 1.47%

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

At the close in Frankfurt, the DAX fell 1.47% to hit a new 1-month low, while the MDAX index lost 0.58%, and the TecDAX index lost 2.13%.

The biggest gainers of the session on the DAX were Vonovia SE (DE: VNAn ), which rose 1.45% or 0.67 points to trade at 46.96 at the close. RWE AG ST O.N. (DE: RWEG ) added 0.09% or 0.020 points to end at 22.360 and E.ON SE NA (DE: EONGn ) was down 0.32% or 0.030 points to 9.349 in late trade.

Biggest losers included Wirecard AG (DE: WDIG ), which lost 7.45% or 11.425 points to trade at 141.975 in late trade. Thyssenkrupp AG O.N. (DE: TKAG ) declined 3.70% or 0.435 points to end at 11.335 and Covestro AG (DE: 1COV ) shed 2.90% or 1.170 points to 39.230.

The top performers on the MDAX were Deutsche Wohnen AG (DE: DWNG ) which rose 1.68% to 42.250, Rocket Internet (DE: RKET ) which was up 1.18% to settle at 23.92 and Tag Immobilien AG (DE: TEGG ) which gained 1.16% to close at 21.000.

The worst performers were Norma Group AG NA O.N. (DE: NOEJ ) which was down 4.34% to 34.860 in late trade, Dialog Semiconductor (DE: DLGS ) which lost 3.78% to settle at 28.500 and Siltronic AG (DE: WAFGn ) which was down 3.41% to 61.220 at the close.

The top performers on the TecDAX were SLM Solutions Group AG (DE: AM3D ) which rose 4.12% to 10.10, RIB Software AG Na (DE: RIB ) which was up 1.47% to settle at 16.530 and Telefonica Deutschland Holding AG (DE: O2Dn ) which gained 1.05% to close at 2.511.

The worst performers were Wirecard AG (DE: WDIG ) which was down 7.45% to 141.975 in late trade, Dialog Semiconductor (DE: DLGS ) which lost 3.78% to settle at 28.5000 and Draegerwerk VZO O.N. (DE: DRWG_p ) which was down 3.47% to 48.360 at the close.

Declining stocks outnumbered rising ones by 526 to 168 and 79 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 5.20% to 18.00.

In commodities trading, Gold Futures for June delivery was up 1.25% or 16.15 to $1303.25 a troy ounce. Meanwhile, Crude oil for delivery in July fell 3.18% or 1.80 to hit $54.79 a barrel, while the August Brent oil contract fell 3.28% or 2.14 to trade at $63.19 a barrel.

EUR/USD was up 0.26% to 1.1159, while EUR/GBP rose 0.14% to 0.8839.

The US Dollar Index Futures was down 0.29% at 97.770.