Germany shares lower at close of trade; DAX down 1.20%

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Germany shares lower at close of trade; DAX down 1.20%
Credit: © Reuters. – Germany equities were lower at the close on Friday, as losses in the Food & Beverages , Technology and Media sectors propelled shares lower.

At the close in Frankfurt, the DAX lost 1.20%, while the MDAX index lost 1.05%, and the TecDAX index fell 1.39%.

The biggest gainers of the session on the DAX were Merck KGaA (DE: MRCG ), which rose 0.44% or 0.450 points to trade at 103.200 at the close. Lufthansa AG VNA O.N. (DE: LHAG ) added 0.07% or 0.010 points to end at 13.710 and Deutsche Boerse AG Z.UMT. (DE: DB11 ) was unchanged 0.00% or 0.00 points to 83.94 in late trade.

Biggest losers included Prosiebensat 1 Media AG (DE: PSMGn ), which lost 3.46% or 1.340 points to trade at 37.350 in late trade. Infineon Technologies AG NA O.N. (DE: IFXGn ) declined 2.93% or 0.510 points to end at 16.910 and BASF SE NA O.N. (DE: BASFN ) shed 2.88% or 2.590 points to 87.360.

The top performers on the MDAX were MTU Aero Engines NA O.N. (DE: MTXGn ) which rose 1.77% to 117.550, Aurubis AG (DE: NAFG ) which was up 0.51% to settle at 54.880 and Symrise AG Inh. O.N. (DE: SY1G ) which gained 0.51% to close at 58.910.

The worst performers were Rhoen Klinikum AG (DE: RHKG ) which was down 6.11% to 23.650 in late trade, Salzgitter AG (DE: SZGG ) which lost 5.35% to settle at 34.920 and Suedzucker AG (DE: SZUG ) which was down 3.69% to 23.990 at the close.

The top performers on the TecDAX were Xing AG (DE: OBCGn ) which rose 2.40% to 191.750, GFT Technologies AG (DE: GFTG ) which was up 1.08% to settle at 19.675 and Adva Optical Networking SE (DE: ADAG ) which gained 0.95% to close at 9.107.

The worst performers were RIB Software AG Na (DE: RIB ) which was down 5.87% to 11.620 in late trade, S&T AG (F: SANT1 ) which lost 4.32% to settle at 9.090 and Siltronic AG (DE: WAFGn ) which was down 3.75% to 56.790 at the close.

Declining stocks outnumbered rising ones by 558 to 183 and 22 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index , which measures the implied volatility of DAX options, was up 3.20% to 15.29.

In commodities trading, Gold Futures for April delivery was up 0.45% or 5.60 to $1257.00 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.81% or 0.44 to hit $54.01 a barrel, while the April Brent oil contract fell 0.87% or 0.49 to trade at $56.09 a barrel.

EUR/USD was up 0.05% to 1.0586, while EUR/GBP rose 0.55% to 0.8473.

The US Dollar Index Futures was down 0.03% at 100.92.

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