Germany stocks lower at close of trade; DAX down 3.86%

Investing.com – Germany stocks were lower after the close on Friday, as losses in the , and sectors led shares lower.

At the close in Frankfurt, the declined 3.86% to hit a new 6-months low, while the index declined 3.17%, and the index declined 3.18%.

The best performers of the session on the were Volkswagen AG VZO O.N. (DE:), which fell 0.16% or 0.24 points to trade at 148.58 at the close. Meanwhile, Continental AG O.N. (DE:) fell 0.86% or 0.88 points to end at 101.62 and Bayerische Motoren Werke AG (DE:) was down 1.52% or 0.910 points to 58.930 in late trade.

The worst performers of the session were Linde PLC (DE:), which fell 6.15% or 11.250 points to trade at 171.750 at the close. Deutsche Post AG NA O.N. (DE:) declined 5.79% or 1.657 points to end at 26.948 and Muench. Rueckvers. VNA O.N. (DE:) was down 5.56% or 13.60 points to 231.00.

The top performers on the MDAX were TeamViewer AG (DE:) which rose 7.60% to 32.15, Alstria Office Reit-Ag (DE:) which was up 2.02% to settle at 17.150 and Prosiebensat 1 Media AG (DE:) which gained 1.67% to close at 10.9700.

The worst performers were Dialog Semiconductor (DE:) which was down 7.98% to 30.615 in late trade, Freenet AG NA (DE:) which lost 7.68% to settle at 17.720 and Varta AG (DE:) which was down 7.26% to 67.700 at the close.

The top performers on the TecDAX were TeamViewer AG (DE:) which rose 7.60% to 32.15, RIB Software AG Na (DE:) which was up 0.69% to settle at 28.980 and Morphosys AG O.N. (DE:) which unchanged 0.00% to close at 108.200.

The worst performers were Dialog Semiconductor (DE:) which was down 7.98% to 30.615 in late trade, Freenet AG NA (DE:) which lost 7.68% to settle at 17.720 and Drillisch AG (DE:) which was down 7.54% to 19.510 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 664 to 64 and 21 ended unchanged.

Shares in Drillisch AG (DE:) fell to 5-year lows; falling 7.54% or 1.590 to 19.510.

The , which measures the implied volatility of DAX options, was up 22.66% to 40.11 a new 5-year high.

Gold Futures for April delivery was down 3.92% or 64.35 to $1578.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 5.22% or 2.46 to hit $44.63 a barrel, while the May Brent oil contract fell 3.75% or 1.94 to trade at $49.79 a barrel.

EUR/USD was down 0.01% to 1.0997, while EUR/GBP rose 1.03% to 0.8622.

The US Dollar Index Futures was down 0.07% at 98.392.

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