Investing.com – Germany stocks were lower after the close on Friday, as losses in the Technology, Telecoms and Chemicals sectors led shares lower.
At the close in Frankfurt, the DAX lost 1.99%, while the MDAX index declined 1.16%, and the TecDAX index fell 0.84%.
The best performers of the session on the DAX were Vonovia SE (DE:VNAn), which fell 0.61% or 0.26 points to trade at 42.34 at the close. Meanwhile, Beiersdorf AG O.N. (DE:BEIG) fell 0.79% or 0.780 points to end at 97.760 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was down 0.79% or 1.45 points to 182.05 in late trade.
The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 4.06% or 0.436 points to trade at 10.306 at the close. Commerzbank AG O.N. (DE:CBKG) declined 3.50% or 0.307 points to end at 8.453 and Daimler AG NA O.N. (DE:DAIGn) was down 3.12% or 1.840 points to 57.200.
The top performers on the MDAX were Grand City Properties SA (DE:GYC) which rose 2.21% to 23.10, LEG Immobilien AG (DE:LEGn) which was up 2.16% to settle at 98.480 and Aroundtown Property Holdings PLC (DE:AT1) which gained 1.06% to close at 7.120.
The worst performers were K+S AG NA O.N. (DE:SDFGn) which was down 7.16% to 21.010 in late trade, Schaeffler AG Pref (DE:SHA_p) which lost 4.07% to settle at 12.02 and Leoni AG (DE:LEOGn) which was down 3.80% to 42.070 at the close.
The top performers on the TecDAX were Bechtle AG (DE:BC8G) which rose 4.93% to 83.000, Xing AG (DE:OBCGn) which was up 2.98% to settle at 294.00 and Carl Zeiss Meditec AG (DE:AFXG) which gained 2.74% to close at 71.250.
The worst performers were Aixtron SE (DE:AIXGn) which was down 6.53% to 11.338 in late trade, Siltronic AG (DE:WAFGn) which lost 6.31% to settle at 134.350 and Medigene NA O.N. (DE:MDG1k) which was down 5.05% to 13.150 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 504 to 206 and 64 ended unchanged.
Shares in Grand City Properties SA (DE:GYC) rose to all time highs; up 2.21% or 0.50 to 23.10. Shares in LEG Immobilien AG (DE:LEGn) rose to all time highs; up 2.16% or 2.080 to 98.480. Shares in Bechtle AG (DE:BC8G) rose to all time highs; up 4.93% or 3.900 to 83.000. Shares in Carl Zeiss Meditec AG (DE:AFXG) rose to all time highs; gaining 2.74% or 1.900 to 71.250.
The DAX volatility index, which measures the implied volatility of DAX options, was up 17.74% to 17.93 a new 1-month high.
Gold Futures for December delivery was down 0.03% or 0.40 to $1219.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.17% or 0.78 to hit $67.59 a barrel, while the October Brent oil contract rose 1.10% or 0.79 to trade at $72.86 a barrel.
EUR/USD was down 1.05% to 1.1407, while EUR/GBP fell 0.55% to 0.8937.
The US Dollar Index Futures was up 0.74% at 96.17.