Germany stocks lower at close of trade; DAX down 0.57%
Investing.com – Germany stocks were lower after the close on Friday, as losses in the Construction , Insurance and Pharmaceuticals & Healthcare sectors led shares lower.
At the close in Frankfurt, the DAX declined 0.57%, while the MDAX index lost 0.45%, and the TecDAX index lost 0.69%.
The best performers of the session on the DAX were Rheinmetall AG (ETR: RHMG ), which rose 7.93% or 60.00 points to trade at 817.00 at the close. Meanwhile, Bayerische Motoren Werke AG (ETR: BMWG ) added 2.60% or 2.10 points to end at 82.96 and Commerzbank AG O.N. (ETR: CBKG ) was up 1.35% or 0.26 points to 19.59 in late trade.
The worst performers of the session were Fresenius Medical Care KGAA ST (ETR: FMEG ), which fell 5.21% or 2.45 points to trade at 44.55 at the close. Hannover Rueck SE (ETR: HNRGn ) declined 2.61% or 6.70 points to end at 250.40 and Fresenius SE & Co KGAA O.N. (ETR: FREG ) was down 2.51% or 0.96 points to 37.26.
The top performers on the MDAX were Hensoldt Ag (ETR: HAGG ) which rose 11.91% to 40.78, Bilfinger SE O.N. (ETR: GBFG ) which was up 3.26% to settle at 53.90 and Delivery Hero AG (ETR: DHER ) which gained 2.43% to close at 30.30.
The worst performers were United Internet AG NA (ETR: UTDI ) which was down 8.95% to 15.15 in late trade, Freenet AG NA (ETR: FNTGn ) which lost 4.08% to settle at 29.60 and AUTO1 Group SE (ETR: AG1G ) which was down 3.40% to 18.74 at the close.
The top performers on the TecDAX were Hensoldt Ag (ETR: HAGG ) which rose 11.91% to 40.78, Kontron AG (ETR: KTN ) which was up 4.33% to settle at 20.50 and Siltronic AG (ETR: WAFGn ) which gained 1.82% to close at 45.82.
The worst performers were United Internet AG NA (ETR: UTDI ) which was down 8.95% to 15.15 in late trade, 11 AG (ETR: 1U1 ) which lost 7.05% to settle at 11.60 and Freenet AG NA (ETR: FNTGn ) which was down 4.08% to 29.60 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 341 to 280 and 31 ended unchanged.
Shares in Rheinmetall AG (ETR: RHMG ) rose to all time highs; up 7.93% or 60.00 to 817.00. Shares in Commerzbank AG O.N. (ETR: CBKG ) rose to 5-year highs; gaining 1.35% or 0.26 to 19.59. Shares in Bilfinger SE O.N. (ETR: GBFG ) rose to 5-year highs; rising 3.26% or 1.70 to 53.90.
The DAX volatility index , which measures the implied volatility of DAX options, was up 6.80% to 17.95 a new 1-month high.
Gold Futures for April delivery was down 1.24% or 36.46 to $2,908.94 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.55% or 0.39 to hit $70.90 a barrel, while the April Brent oil contract fell 0.19% or 0.14 to trade at $74.88 a barrel.
EUR/USD was unchanged 0.29% to 1.05, while EUR/GBP unchanged 0.01% to 0.83.
The US Dollar Index Futures was down 0.55% at 106.63.