Investing.com – Germany stocks were lower after the close on Friday, as losses in the Insurance, Industrials and Transportation & Logistics sectors led shares lower.
At the close in Frankfurt, the DAX lost 1.03%, while the MDAX index lost 0.86%, and the TecDAX index declined 0.57%.
The best performers of the session on the DAX were RWE AG ST O.N. (DE:RWEG), which rose 4.71% or 0.545 points to trade at 12.120 at the close. Meanwhile, Bayer AG NA (DE:BAYGN) added 1.36% or 1.200 points to end at 89.340 and Vonovia SE (DE:VNAn) was up 1.13% or 0.35 points to 31.25 in late trade.
The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 3.82% or 0.595 points to trade at 15.000 at the close. Volkswagen AG VZO O.N. (DE:VOWG_p) declined 2.94% or 3.950 points to end at 130.200 and Bay.Motoren Werke AG ST (DE:BMWG) was down 2.40% or 1.780 points to 72.270.
The top performers on the MDAX were Deutsche Euroshop AG O.N. (DE:DEQGn) which rose 2.83% to 41.475, Tag Immobilien AG (DE:TEGG) which was up 1.73% to settle at 12.320 and Deutsche Wohnen AG Inh (DE:DWNG) which gained 1.40% to close at 29.270.
The worst performers were Deutsche Pfandbriefbank AG (DE:PBBG) which was down 5.55% to 9.70 in late trade, Airbus Group (F:AIRG) which lost 3.90% to settle at 53.190 and Hella KGaA Hueck & Co (DE:HLE) which was down 3.31% to 33.78 at the close.
The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 2.68% to 15.300, CompuGroup Medical AG O.N. (DE:COPMa) which was up 1.95% to settle at 37.670 and Cancom SE O.N. (DE:COKG) which gained 1.59% to close at 51.250.
The worst performers were Suess Microtec NA O.N. (DE:SMHNn) which was down 4.88% to 7.213 in late trade, Slm Solution G (DE:AM3D) which lost 1.94% to settle at 25.00 and Sartorius AG VZO O.N. (DE:SATG_p) which was down 1.85% to 255.000 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 595 to 275 and 32 ended unchanged.
Shares in Tag Immobilien AG (DE:TEGG) rose to 52-week highs; gaining 1.73% or 0.210 to 12.320. Shares in Deutsche Wohnen AG Inh (DE:DWNG) rose to all time highs; gaining 1.40% or 0.405 to 29.270. Shares in Cancom SE O.N. (DE:COKG) rose to all time highs; gaining 1.59% or 0.800 to 51.250.
The DAX volatility index, which measures the implied volatility of DAX options, was up 2.38% to 21.12.
Gold for August delivery was up 2.44% or 29.55 to $1242.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.71% or 0.35 to hit $48.82 a barrel, while the August Brent oil contract fell 0.54% or 0.27 to trade at $49.77 a barrel.
EUR/USD was up 1.60% to 1.1332, while EUR/GBP rose 0.92% to 0.7803.
The US Dollar Index was down 1.50% at 94.13.