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Germany shares lower at close of trade; DAX down 1.66%

Published 21/07/2017, 17:15
© Reuters.  Germany shares lower at close of trade; DAX down 1.66%
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Investing.com – Germany equities were lower at the close on Friday, as losses in the Technology, Construction and Retail sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 1.66% to hit a new 1-month low, while the MDAX index declined 1.21%, and the TecDAX index lost 0.74%.

The biggest gainers of the session on the DAX were Vonovia SE (DE:VNAn), which rose 0.10% or 0.04 points to trade at 34.47 at the close. Linde AG O.N. (DE:LING) fell 0.88% or 1.50 points to end at 169.35 and Bayer AG NA (DE:BAYGN) was down 0.94% or 1.05 points to 111.00 in late trade.

Biggest losers included Infineon Technologies AG NA O.N. (DE:IFXGn), which lost 4.66% or 0.905 points to trade at 18.530 in late trade. Volkswagen AG VZO O.N. (DE:VOWG_p) declined 3.64% or 5.20 points to end at 137.75 and Continental AG O.N. (DE:CONG) shed 3.11% or 6.15 points to 191.60.

The top performers on the MDAX were Duerr AG (DE:DUEG) which rose 1.76% to 104.000, Krones AG O.N. (DE:KRNG) which was up 1.06% to settle at 109.500 and Hugo Boss AG NA O.N. (DE:BOSSn) which gained 0.57% to close at 63.320.

The worst performers were Hochtief AG (DE:HOTG) which was down 5.45% to 149.95 in late trade, K+S AG NA O.N. (DE:SDFGn) which lost 3.56% to settle at 22.495 and Hella KGaA Hueck & Co (DE:HLE) which was down 3.31% to 45.45 at the close.

The top performers on the TecDAX were Nordex SE O.N. (DE:NDXG) which rose 2.94% to 11.920, GFT Technologies AG (DE:GFTG) which was up 2.79% to settle at 15.285 and CompuGroup Medical AG O.N. (DE:COPMa) which gained 0.48% to close at 49.435.

The worst performers were Adva Optical Networking SE (DE:ADAG) which was down 11.37% to 6.538 in late trade, Sartorius AG VZO O.N. (DE:SATG_p) which lost 4.36% to settle at 87.910 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 1.67% to 94.740 at the close.

Declining stocks outnumbered rising ones by 571 to 194 and 26 ended unchanged on the Frankfurt Stock Exchange.

The DAX volatility index, which measures the implied volatility of DAX options, was up 11.23% to 14.97.

In commodities trading, Gold Futures for August delivery was up 0.51% or 6.32 to $1251.82 a troy ounce. Meanwhile, Crude oil for delivery in September fell 2.07% or 0.97 to hit $45.95 a barrel, while the September Brent oil contract fell 1.95% or 0.96 to trade at $48.34 a barrel.

EUR/USD was up 0.24% to 1.1660, while EUR/GBP rose 0.28% to 0.8991.

The US Dollar Index Futures was down 0.24% at 93.85.

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