Investing.com – Germany stocks were lower after the close on Friday, as losses in the Chemicals, Food & Beverages and Insurance sectors led shares lower.
At the close in Frankfurt, the DAX declined 3.86% to hit a new 6-months low, while the MDAX index declined 3.17%, and the TecDAX index declined 3.18%.
The best performers of the session on the DAX were Volkswagen AG VZO O.N. (DE:VOWG_p), which fell 0.16% or 0.24 points to trade at 148.58 at the close. Meanwhile, Continental AG O.N. (DE:CONG) fell 0.86% or 0.88 points to end at 101.62 and Bayerische Motoren Werke AG (DE:BMWG) was down 1.52% or 0.910 points to 58.930 in late trade.
The worst performers of the session were Linde PLC (DE:LINI), which fell 6.15% or 11.250 points to trade at 171.750 at the close. Deutsche Post AG NA O.N. (DE:DPWGn) declined 5.79% or 1.657 points to end at 26.948 and Muench. Rueckvers. VNA O.N. (DE:MUVGn) was down 5.56% or 13.60 points to 231.00.
The top performers on the MDAX were TeamViewer AG (DE:TMV) which rose 7.60% to 32.15, Alstria Office Reit-Ag (DE:AOXG) which was up 2.02% to settle at 17.150 and Prosiebensat 1 Media AG (DE:PSMGn) which gained 1.67% to close at 10.9700.
The worst performers were Dialog Semiconductor (DE:DLGS) which was down 7.98% to 30.615 in late trade, Freenet AG NA (DE:FNTGn) which lost 7.68% to settle at 17.720 and Varta AG (DE:VAR1) which was down 7.26% to 67.700 at the close.
The top performers on the TecDAX were TeamViewer AG (DE:TMV) which rose 7.60% to 32.15, RIB Software AG Na (DE:RIB) which was up 0.69% to settle at 28.980 and Morphosys AG O.N. (DE:MORG) which unchanged 0.00% to close at 108.200.
The worst performers were Dialog Semiconductor (DE:DLGS) which was down 7.98% to 30.615 in late trade, Freenet AG NA (DE:FNTGn) which lost 7.68% to settle at 17.720 and Drillisch AG (DE:DRIG) 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:DRIG) fell to 5-year lows; falling 7.54% or 1.590 to 19.510.
The DAX volatility index, 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.