Germany stocks lower at close of trade; DAX down 0.77%

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

At the close in Frankfurt, the DAX declined 0.77%, while the MDAX index fell 2.05%, and the TecDAX index lost 1.58%.

The best performers of the session on the DAX were Commerzbank AG O.N. (ETR:CBKG), which rose 1.28% or 0.14 points to trade at 10.66 at the close. Meanwhile, Henkel&Co KGaA AG Pref (ETR:HNKG_p) added 1.20% or 0.84 points to end at 70.70 and Rheinmetall AG (ETR:RHMG) was up 0.59% or 1.60 points to 273.60 in late trade.

The worst performers of the session were Zalando SE (ETR:ZALG), which fell 4.16% or 0.93 points to trade at 21.42 at the close. Bayer AG NA (ETR:BAYGN) declined 3.95% or 1.65 points to end at 40.16 and Siemens Energy AG (ETR:ENR1n) was down 3.00% or 0.29 points to 9.39.

The top performers on the MDAX were Hochtief AG (ETR:HOTG) which rose 1.43% to 95.70, Gerresheimer AG (ETR:GXIG) which was up 0.97% to settle at 93.75 and Talanx AG NA O.N. (ETR:TLXGn) which gained 0.34% to close at 59.45.

The worst performers were United Internet AG NA (ETR:UTDI) which was down 7.25% to 18.94 in late trade, Bechtle AG (ETR:BC8G) which lost 5.17% to settle at 43.10 and Puma SE (ETR:PUMG) which was down 4.56% to 54.36 at the close.

The top performers on the TecDAX were ADTRAN Holdingsa Inc (ETR:QH9) which rose 3.88% to 4.99, Verbio Vereinigte Bioenergie AG (ETR:VBKG) which was up 2.07% to settle at 34.49 and Atoss Software AG (ETR:AOFG) which gained 0.47% to close at 216.00.

The worst performers were United Internet AG NA (ETR:UTDI) which was down 7.25% to 18.94 in late trade, Morphosys AG O.N. (ETR:MORG) which lost 6.90% to settle at 29.00 and Energiekontor AG (ETR:EKTG) which was down 6.02% to 64.00 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 409 to 191 and 33 ended unchanged.

Shares in Bayer AG NA (ETR:BAYGN) fell to 5-year lows; falling 3.95% or 1.65 to 40.16.

The DAX volatility index, which measures the implied volatility of DAX options, was up 1.59% to 15.31.

Gold Futures for December delivery was down 1.31% or 25.75 to $1,944.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.76% or 1.33 to hit $77.07 a barrel, while the January Brent oil contract rose 1.74% or 1.39 to trade at $81.40 a barrel.

EUR/USD was unchanged 0.07% to 1.07, while EUR/GBP unchanged 0.17% to 0.87.

The US Dollar Index Futures was up 0.01% at 105.79.