Germany shares lower at close of trade; DAX down 1.79%

Published 07/03/2025, 17:05
Updated 07/03/2025, 17:07
© Reuters.  Germany shares lower at close of trade; DAX down 1.79%

Investing.com – Germany equities were lower at the close on Friday, as losses in the Industrials, Pharmaceuticals & Healthcare and Construction sectors propelled shares lower.

At the close in Frankfurt, the DAX declined 1.79%, while the MDAX index lost 2.25%, and the TecDAX index fell 1.86%.

The biggest gainers of the session on the DAX were Deutsche Telekom AG Na (ETR:DTEGn), which rose 3.09% or 1.02 points to trade at 34.07 at the close. E.ON SE (ETR:EONGn) added 2.75% or 0.35 points to end at 12.88 and Henkel & Co KGaA AG Pref (ETR:HNKG_p) was up 1.02% or 0.88 points to 87.26 in late trade.

Biggest losers included Rheinmetall AG (ETR:RHMG), which lost 7.01% or 84.00 points to trade at 1,115.00 in late trade. Bayer AG NA (ETR:BAYGN) declined 6.46% or 1.61 points to end at 23.25 and MTU Aero Engines NA O.N. (ETR:MTXGn) shed 5.68% or 19.80 points to 329.00.

The top performers on the MDAX were Delivery Hero AG (ETR:DHER) which rose 1.48% to 28.84, Freenet AG NA (ETR:FNTGn) which was up 0.23% to settle at 34.72 and Tui AG NA (ETR:TUI1n) which gained 0.19% to close at 7.21.

The worst performers were Hensoldt Ag (ETR:HAGG) which was down 13.15% to 63.40 in late trade, Siltronic AG (ETR:WAFGn) which lost 9.76% to settle at 45.30 and Hochtief AG (ETR:HOTG) which was down 7.20% to 163.70 at the close.

The top performers on the TecDAX were Deutsche Telekom AG Na (ETR:DTEGn) which rose 3.09% to 34.07, CompuGroup Medical AG O.N. (ETR:COP1n) which was up 0.44% to settle at 22.60 and IONOS Group SE (ETR:IOSn) which gained 0.43% to close at 23.50.

The worst performers were Hensoldt Ag (ETR:HAGG) which was down 13.15% to 63.40 in late trade, Siltronic AG (ETR:WAFGn) which lost 9.76% to settle at 45.30 and Carl Zeiss Meditec AG (ETR:AFXG) which was down 5.52% to 60.75 at the close.

Declining stocks outnumbered rising ones by 379 to 235 and 30 ended unchanged on the Frankfurt Stock Exchange.

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

In commodities trading, Gold Futures for April delivery was down 0.10% or 3.01 to $2,923.59 a troy ounce. Meanwhile, Crude oil for delivery in April rose 1.19% or 0.79 to hit $67.15 a barrel, while the May Brent oil contract rose 1.34% or 0.93 to trade at $70.39 a barrel.

EUR/USD was up 0.66% to 1.09, while EUR/GBP unchanged 0.38% to 0.84.

The US Dollar Index Futures was down 0.37% at 103.64.

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