Germany stocks lower at close of trade; DAX down 0.98%

Published 03/28/2025, 01:05 PM
Updated 03/28/2025, 01:06 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 0.98%

Investing.com – Germany stocks were lower after the close on Friday, as losses in the Media, Technology and Construction sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.98%, while the MDAX index declined 2.52%, and the TecDAX index fell 1.13%.

The best performers of the session on the DAX were Symrise AG Inh. O.N. (ETR:SY1G), which rose 2.31% or 2.14 points to trade at 94.84 at the close. Meanwhile, Vonovia SE (ETR:VNAn) added 2.29% or 0.56 points to end at 25.04 and E.ON SE (ETR:EONGn) was up 2.21% or 0.30 points to 13.85 in late trade.

The worst performers of the session were Commerzbank AG O.N. (ETR:CBKG), which fell 4.74% or 1.08 points to trade at 21.72 at the close. Siemens Energy AG (ETR:ENR1n) declined 4.13% or 2.38 points to end at 55.30 and Infineon Technologies AG NA O.N. (ETR:IFXGn) was down 4.04% or 1.31 points to 31.13.

The top performers on the MDAX were Tag Immobilien AG (ETR:TEGG) which rose 2.60% to 12.62, Deutsche Wohnen AG (ETR:DWNG) which was up 1.61% to settle at 20.20 and LEG Immobilien AG (ETR:LEGn) which gained 1.43% to close at 65.46.

The worst performers were CTS Eventim AG (ETR:EVDG) which was down 8.09% to 95.40 in late trade, Tui AG NA (ETR:TUI1n) which lost 8.05% to settle at 6.58 and Jenoptik AG (ETR:JENGn) which was down 7.72% to 19.73 at the close.

The top performers on the TecDAX were Eckert & Ziegler AG O.N. (ETR:EUZG) which rose 2.18% to 56.20, Deutsche Telekom AG Na (ETR:DTEGn) which was up 2.16% to settle at 34.13 and Atoss Software AG (ETR:AOFG) which gained 0.47% to close at 127.60.

The worst performers were SUSS MicroTec SE (ETR:SMHNn) which was down 14.34% to 33.75 in late trade, Jenoptik AG (ETR:JENGn) which lost 7.72% to settle at 19.73 and Aixtron SE (ETR:AIXGn) which was down 5.80% to 10.56 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 462 to 174 and 24 ended unchanged.

Shares in E.ON SE (ETR:EONGn) rose to 5-year highs; gaining 2.21% or 0.30 to 13.85. Shares in Jenoptik AG (ETR:JENGn) fell to 52-week lows; falling 7.72% or 1.65 to 19.73. Shares in SUSS MicroTec SE (ETR:SMHNn) fell to 52-week lows; down 14.34% or 5.65 to 33.75. Shares in Jenoptik AG (ETR:JENGn) fell to 52-week lows; losing 7.72% or 1.65 to 19.73. Shares in Aixtron SE (ETR:AIXGn) fell to 3-years lows; down 5.80% or 0.65 to 10.56.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.83% to 22.81 a new 6-months high.

Gold Futures for June delivery was up 0.90% or 27.69 to $3,118.59 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.79% or 0.55 to hit $69.37 a barrel, while the June Brent oil contract fell 0.80% or 0.59 to trade at $72.75 a barrel.

EUR/USD was unchanged 0.16% to 1.08, while EUR/GBP unchanged 0.26% to 0.84.

The US Dollar Index Futures was down 0.25% at 103.73.

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