Germany shares lower at close of trade; DAX down 1.61%

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Germany shares lower at close of trade; DAX down 1.61%
Credit: © Reuters. – Germany equities were lower at the close on Friday, as losses in the Basic Resources , Industrials and Pharmaceuticals & Healthcare sectors propelled shares lower.

At the close in Frankfurt, the DAX fell 1.61% to hit a new 1-month low, while the MDAX index declined 1.63%, and the TecDAX index lost 1.22%.

The biggest gainers of the session on the DAX were RWE AG ST O.N. (DE: RWEG ), which rose 3.04% or 0.700 points to trade at 23.750 at the close. Deutsche Boerse AG (DE: DB1Gn ) added 0.72% or 0.800 points to end at 111.900 and Adidas AG (DE: ADSGN ) was up 0.67% or 1.40 points to 209.90 in late trade.

Biggest losers included Fresenius SE & Co KGAA O.N. (DE: FREG ), which lost 4.23% or 2.040 points to trade at 46.240 in late trade. Thyssenkrupp AG O.N. (DE: TKAG ) declined 3.52% or 0.450 points to end at 12.325 and Bayer AG NA (DE: BAYGN ) shed 3.23% or 1.98 points to 59.30.

The top performers on the MDAX were Aroundtown Property Holdings PLC (DE: AT1 ) which rose 0.78% to 7.775, LEG Immobilien AG (DE: LEGn ) which was up 0.56% to settle at 106.800 and Alstria Office Reit-Ag (DE: AOXG ) which gained 0.51% to close at 13.830.

The worst performers were Duerr AG (DE: DUEG ) which was down 4.99% to 34.290 in late trade, K+S AG NA O.N. (DE: SDFGn ) which lost 4.93% to settle at 16.205 and Lanxess AG (DE: LXSG ) which was down 4.65% to 48.440 at the close.

The top performers on the TecDAX were Aixtron SE NA O.N. (DE: AIXGn ) which rose 1.77% to 8.4160, Dialog Semiconductor (DE: DLGS ) which was up 0.98% to settle at 27.9200 and Xing AG (DE: OBCGn ) which gained 0.48% to close at 316.50.

The worst performers were Medigene NA O.N. (DE: MDG1k ) which was down 4.23% to 8.725 in late trade, SLM Solutions Group AG (DE: AM3D ) which lost 3.53% to settle at 6.01 and SMA Solar Technology AG (DE: S92G ) which was down 2.91% to 22.660 at the close.

Declining stocks outnumbered rising ones by 538 to 172 and 71 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 11.43% to 18.23 a new 1-month high.

In commodities trading, Gold Futures for April delivery was up 0.29% or 3.75 to $1311.05 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.87% or 1.12 to hit $58.86 a barrel, while the May Brent oil contract fell 1.65% or 1.12 to trade at $66.74 a barrel.

EUR/USD was down 0.78% to 1.1284, while EUR/GBP fell 1.43% to 0.8550.

The US Dollar Index Futures was up 0.23% at 96.208.

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