Investing.com – Germany equities were lower at the close on Friday, as losses in the Basic Resources, Insurance and Transportation & Logistics sectors propelled shares lower.
At the close in Frankfurt, the DAX lost 2.52%, while the MDAX index declined 2.36%, and the TecDAX index lost 2.23%.
The biggest gainers of the session on the DAX were Adidas AG NA O.N. (DE:ADSGN), which fell 0.38% or 0.450 points to trade at 118.950 at the close. Merck KGAA O.N. (DE:MRK) fell 1.29% or 1.160 points to end at 89.050 and Deutsche Telekom AG Na (DE:DTEGn) was down 1.47% or 0.220 points to 14.730 in late trade.
Biggest losers included Lufthansa AG VNA O.N. (DE:LHAG), which lost 5.58% or 0.670 points to trade at 11.330 in late trade. Thyssenkrupp AG O.N. (DE:TKAG) declined 5.54% or 1.080 points to end at 18.405 and Deutsche Bank AG NA O.N. (DE:DBKGn) shed 4.72% or 0.695 points to 14.035.
The top performers on the MDAX were Rhoen-Klinikum O.N. (DE:RHKG) which fell 0.38% to 26.135, Deutsche Euroshop AG O.N. (DE:DEQGn) which was down 0.62% to settle at 42.255 and Covestro AG (DE:1COV) which lost 0.67% to close at 39.480.
The worst performers were Aurubis AG (DE:NAFG) which was down 5.41% to 43.370 in late trade, Fraport AG (DE:FRAG) which lost 4.62% to settle at 47.965 and Salzgitter AG O.N. (DE:SZGG) which was down 4.32% to 27.270 at the close.
The top performers on the TecDAX were Pfeiffer Vacuum Technology O.N. (DE:PV) which rose 0.71% to 86.340, STRATEC Biomedical AG (DE:SBSG) which was down 0.41% to settle at 50.600 and Carl Zeiss Meditec AG (DE:AFXG) which lost 0.99% to close at 33.875.
The worst performers were Cancom SE O.N. (DE:COKG) which was down 5.35% to 49.210 in late trade, Evotec AG O.N. (DE:EVTG) which lost 5.24% to settle at 3.746 and Morphosys AG O.N. (DE:MORG) which was down 4.92% to 44.465 at the close.
Declining stocks outnumbered rising ones by 737 to 137 and 21 ended unchanged on the Frankfurt Stock Exchange.
The DAX volatility index, which measures the implied volatility of DAX options, was up 13.54% to 25.57 a new 3-month high.
In commodities trading, Gold for August delivery was up 0.09% or 1.10 to $1273.80 a troy ounce. Meanwhile, Crude oil for delivery in July fell 2.27% or 1.15 to hit $49.41 a barrel, while the August Brent oil contract fell 2.16% or 1.12 to trade at $50.83 a barrel.
EUR/USD was down 0.34% to 1.1280, while EUR/GBP rose 0.49% to 0.7868.
The US Dollar Index was up 0.34% at 94.42.