Investing.com – Germany stocks were lower after the close on Friday, as losses in the Utilities, Chemicals and Industrials sectors led shares lower.
At the close in Frankfurt, the DAX declined 2.71%, while the MDAX index lost 2.30%, and the TecDAX index lost 1.76%.
The best performers of the session on the DAX were Lufthansa AG VNA O.N. (XETRA:LHAG), which rose 4.99% or 0.545 points to trade at 11.460 at the close. Meanwhile, Infineon Technologies AG NA O.N. (XETRA:IFXGn) fell 0.89% or 0.087 points to end at 9.741 and Muench. Rueckvers. VNA O.N. (XETRA:MUVGn) was down 1.24% or 2.050 points to 163.800 in late trade.
The worst performers of the session were RWE AG ST O.N. (XETRA:RWEG), which fell 5.27% or 0.700 points to trade at 12.595 at the close. E.ON SE NA (XETRA:EONGn) declined 5.26% or 0.524 points to end at 9.440 and Thyssenkrupp AG O.N. (XETRA:TKAG) was down 4.75% or 0.910 points to 18.240.
The top performers on the MDAX were Suedzucker Mannheim Ochsenfurt AG (XETRA:SZUG) which rose 0.73% to 13.035, Gagfah SA Nom. (XETRA:GFJG) which was up 0.52% to settle at 15.505 and Airbus Group (XETRA:AIRG) which unchanged 0.00% to close at 58.161.
The worst performers were Gerry Weber Internat.O.N. (XETRA:GWIG) which was down 4.47% to 18.785 in late trade, Rheinmetall AG (XETRA:RHMG) which lost 4.43% to settle at 53.880 and Leoni AG NA O.N. (XETRA:LEOGn) which was down 3.92% to 52.150 at the close.
The top performers on the TecDAX were Software AG O.N. (XETRA:SOWG) which rose 3.85% to 25.065, Drillisch AG O.N. (XETRA:DRIG) which was down 0.06% to settle at 41.450 and Evotec AG O.N. (XETRA:EVTG) which lost 0.34% to close at 3.770.
The worst performers were LPKF Laser & Electronics (XETRA:LPKG) which was down 6.90% to 8.100 in late trade, Sartorius AG VZO O.N. (XETRA:SATG_p) which lost 5.42% to settle at 182.250 and Adva Optical Networking SE (XETRA:ADAG) which was down 5.13% to 9.189 at the close.
Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 557 to 115 and 42 ended unchanged.
Shares in RWE AG ST O.N. (XETRA:RWEG) fell to all time lows; falling 5.27% or 0.700 to 12.595. Shares in E.ON SE NA (XETRA:EONGn) fell to all time lows; falling 5.26% or 0.524 to 9.440.
The DAX volatility index, which measures the implied volatility of DAX options, was unchanged 0.00% to 25.88.
Gold for December delivery was down 0.38% or 4.30 to $1120.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.09% or 0.51 to hit $46.24 a barrel, while the October Brent oil contract fell 1.39% or 0.70 to trade at $49.98 a barrel.
EUR/USD was up 0.07% to 1.1131, while EUR/GBP rose 0.45% to 0.7323.
The US Dollar Index was up 0.03% at 96.35.