Germany stocks lower at close of trade; DAX down 0.53%

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

At the close in Frankfurt, the DAX declined 0.53% to hit a new 1-month low, while the MDAX index fell 0.72%, and the TecDAX index declined 0.71%.

The best performers of the session on the DAX were Symrise AG Inh. O.N. (ETR:SY1G), which rose 1.35% or 1.40 points to trade at 105.15 at the close. Meanwhile, Qiagen NV (ETR:QIA) added 1.19% or 0.44 points to end at 37.47 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was up 1.04% or 0.15 points to 14.95 in late trade.

The worst performers of the session were Covestro AG (ETR:1COV), which fell 2.90% or 1.45 points to trade at 48.50 at the close. Sartorius AG VZO O.N. (ETR:SATG_p) declined 2.62% or 7.30 points to end at 271.60 and Infineon Technologies AG NA O.N. (ETR:IFXGn) was down 2.43% or 0.75 points to 30.14.

The top performers on the MDAX were Wacker Chemie O.N. (ETR:WCHG) which rose 3.35% to 109.65, HelloFresh SE (ETR:HFGG) which was up 2.18% to settle at 6.83 and LEG Immobilien AG (ETR:LEGn) which gained 1.45% to close at 74.28.

The worst performers were Befesa SA (ETR:BFSA) which was down 5.66% to 33.00 in late trade, Aixtron SE (ETR:AIXGn) which lost 4.59% to settle at 21.40 and Redcare Pharmacy NV (ETR:RDC) which was down 4.30% to 129.00 at the close.

The top performers on the TecDAX were Suess Microtec NA O.N. (ETR:SMHNn) which rose 6.51% to 43.35, Qiagen NV (ETR:QIA) which was up 1.19% to settle at 37.47 and Hensoldt Ag (ETR:HAGG) which gained 1.02% to close at 37.58.

The worst performers were Aixtron SE (ETR:AIXGn) which was down 4.59% to 21.40 in late trade, SMA Solar Technology AG (ETR:S92G) which lost 3.36% to settle at 45.96 and Atoss Software AG (ETR:AOFG) which was down 3.03% to 240.00 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 354 to 251 and 30 ended unchanged.

Shares in Aixtron SE (ETR:AIXGn) fell to 52-week lows; losing 4.59% or 1.03 to 21.40. Shares in Suess Microtec NA O.N. (ETR:SMHNn) rose to all time highs; up 6.51% or 2.65 to 43.35. Shares in Aixtron SE (ETR:AIXGn) fell to 52-week lows; losing 4.59% or 1.03 to 21.40.

The DAX volatility index, which measures the implied volatility of DAX options, was up 2.81% to 16.85.

Gold Futures for June delivery was up 0.44% or 10.65 to $2,408.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.47% or 0.39 to hit $83.12 a barrel, while the June Brent oil contract rose 0.24% or 0.21 to trade at $87.32 a barrel.

EUR/USD was unchanged 0.13% to 1.07, while EUR/GBP unchanged 0.44% to 0.86.

The US Dollar Index Futures was down 0.08% at 105.89.