Trump tariff impact may be seen in Q2 earnings, Capital Economics says
Investing.com – Germany stocks were mixed after the close on Friday, as gains in the Food & Beverages, Software and Telecoms sectors led shares higher while losses in the Construction, Technology and Media sectors led shares lower.
At the close in Frankfurt, the DAX rose 0.31%, while the MDAX index fell 0.37%, and the TecDAX index added 0.00%.
The best performers of the session on the DAX were Zalando SE (ETR:ZALG), which rose 1.98% or 0.61 points to trade at 31.45 at the close. Meanwhile, Fresenius SE & Co KGAA O.N. (ETR:FREG) added 1.89% or 0.80 points to end at 43.18 and SAP SE (ETR:SAPG) was up 1.31% or 3.45 points to 265.90 in late trade.
The worst performers of the session were Sartorius AG VZO O.N. (ETR:SATG_p), which fell 3.30% or 7.20 points to trade at 211.00 at the close. Dr Ing hc F Porsche AG Preferred (ETR:P911_p) declined 2.10% or 0.91 points to end at 42.46 and Heidelberg Materials AG (ETR:HEIG) was down 1.40% or 2.45 points to 172.45.
The top performers on the MDAX were Evotec AG O.N. (ETR:EVTG) which rose 3.58% to 6.95, Thyssenkrupp AG O.N. (ETR:TKAG) which was up 2.19% to settle at 8.58 and Fraport AG (ETR:FRAG) which gained 1.24% to close at 61.10.
The worst performers were Delivery Hero AG (ETR:DHER) which was down 5.06% to 24.38 in late trade, Aixtron SE (ETR:AIXGn) which lost 2.60% to settle at 12.16 and Redcare Pharmacy NV (ETR:RDC) which was down 2.39% to 114.40 at the close.
The top performers on the TecDAX were Evotec AG O.N. (ETR:EVTG) which rose 3.58% to 6.95, Formycon AG (ETR:FYB) which was up 3.27% to settle at 23.70 and Eckert & Ziegler AG O.N. (ETR:EUZG) which gained 3.00% to close at 61.80.
The worst performers were Sartorius AG VZO O.N. (ETR:SATG_p) which was down 3.30% to 211.00 in late trade, SUSS MicroTec SE (ETR:SMHNn) which lost 3.19% to settle at 38.26 and Aixtron SE (ETR:AIXGn) which was down 2.60% to 12.16 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 312 to 299 and 31 ended unchanged.
The DAX volatility index, which measures the implied volatility of DAX options, was down 1.17% to 20.24.
Gold Futures for August delivery was down 0.90% or 30.01 to $3,313.89 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.03% or 0.63 to hit $60.31 a barrel, while the August Brent oil contract fell 1.36% or 0.86 to trade at $62.49 a barrel.
EUR/USD was unchanged 0.13% to 1.14, while EUR/GBP unchanged 0.02% to 0.84.
The US Dollar Index Futures was up 0.13% at 99.34.