Stock market today: S&P 500 in weekly loss as trade war fears intensifyy
Investing.com – Germany stocks were lower after the close on Friday, as losses in the Construction, Industrials and Media sectors led shares lower.
At the close in Frankfurt, the DAX declined 0.12%, while the MDAX index declined 0.86%, and the TecDAX index fell 0.36%.
The best performers of the session on the DAX were Hannover Rueck SE (ETR:HNRGn), which rose 1.72% or 4.80 points to trade at 284.20 at the close. Meanwhile, Deutsche Post AG NA O.N. (ETR:DHLn) added 1.24% or 0.50 points to end at 40.78 and Deutsche Boerse AG (ETR:DB1Gn) was up 1.06% or 3.00 points to 285.40 in late trade.
The worst performers of the session were Rheinmetall AG (ETR:RHMG), which fell 4.99% or 94.00 points to trade at 1,788.00 at the close. Volkswagen AG VZO O.N. (ETR:VOWG_p) declined 1.72% or 1.60 points to end at 91.64 and Dr Ing hc F Porsche AG Preferred (ETR:P911_p) was down 1.46% or 0.61 points to 41.26.
The top performers on the MDAX were Redcare Pharmacy NV (ETR:RDC) which rose 1.67% to 100.20, Fraport AG (ETR:FRAG) which was up 1.67% to settle at 63.90 and Carl Zeiss Meditec AG (ETR:AFXG) which gained 1.43% to close at 60.10.
The worst performers were Hensoldt Ag (ETR:HAGG) which was down 6.42% to 99.10 in late trade, RENK Group AG (ETR:R3NK) which lost 6.24% to settle at 78.60 and HelloFresh SE (ETR:HFGG) which was down 3.42% to 9.43 at the close.
The top performers on the TecDAX were Elmos Semiconductor AG (ETR:ELGG) which rose 2.92% to 74.00, Draegerwerk VZO O.N. (ETR:DRWG_p) which was up 2.14% to settle at 71.60 and Carl Zeiss Meditec AG (ETR:AFXG) which gained 1.43% to close at 60.10.
The worst performers were Hensoldt Ag (ETR:HAGG) which was down 6.42% to 99.10 in late trade, Eckert & Ziegler AG O.N. (ETR:EUZG) which lost 3.49% to settle at 65.05 and Nordex SE O.N. (ETR:NDXG) which was down 1.91% to 17.93 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 322 to 288 and 32 ended unchanged.
Shares in Dr Ing hc F Porsche AG Preferred (ETR:P911_p) fell to all time lows; down 1.46% or 0.61 to 41.26. Shares in Fraport AG (ETR:FRAG) rose to 3-years highs; up 1.67% or 1.05 to 63.90. Shares in Draegerwerk VZO O.N. (ETR:DRWG_p) rose to 3-years highs; up 2.14% or 1.50 to 71.60.
The DAX volatility index, which measures the implied volatility of DAX options, was down 3.10% to 19.17.
Gold Futures for August delivery was down 0.65% or 21.90 to $3,353.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 1.94% or 1.23 to hit $64.60 a barrel, while the August Brent oil contract rose 1.76% or 1.15 to trade at $66.49 a barrel.
EUR/USD was unchanged 0.42% to 1.14, while EUR/GBP unchanged 0.07% to 0.84.
The US Dollar Index Futures was up 0.45% at 99.15.