Germany Stocks Close Lower; DAX Down 1.43%

Germany’s stock market experienced a decline on Friday, with notable losses in various sectors contributing to a downward trend in share prices.

At the end of trading in Frankfurt, the main index dropped by 1.43%, the second index fell by 1.54%, and the technology index decreased by 2.27%.

Among the top performers during the session, Deutsche Boerse AG saw a gain of 1.51%, equivalent to 3.10 points, closing at 208.20. MTU Aero Engines NA also performed well, rising by 0.80% or 2.20 points to reach 278.50, while Siemens Energy AG increased by 0.78% or 0.25 points, closing at 32.30.

On the other hand, Sartorius AG faced the largest drop, falling 6.90% or 17.10 points to close at 230.90. Mercedes Benz Group AG also saw a significant decline of 6.81%, down 4.02 points to 54.99, and Brenntag AG fell by 5.91% or 3.86 points, finishing at 61.48.

In the MDAX, the top performers included LEG Immobilien AG, which rose by 0.17% to 92.16, and Tag Immobilien AG, which remained unchanged at 15.95. Scout24 AG experienced a slight loss of 0.13%, closing at 75.50.

Puma SE was the poorest performer in this index, dropping 6.47% to 35.27, closely followed by Jungheinrich AG, which lost 5.51% to settle at 25.74, and Evotec AG, down 5.36% at 6.01.

In the TecDAX, Atoss Software AG led the way with a gain of 1.25% to 129.80. SUSS MicroTec SE also rose by 0.71% to 56.90, and Deutsche Telekom AG gained 0.19% to close at 26.07. Conversely, Sartorius AG again faced significant losses, down 6.90%, along with Elmos Semiconductor AG, which fell by 6.55%, and Infineon Technologies AG, down 5.72%.

Overall, declining stocks outnumbered advancing ones on the Frankfurt Stock Exchange by a margin of 444 to 178, with 23 stocks remaining unchanged.

Mercedes Benz Group AG shares hit 52-week lows, while Siemens Energy AG reached three-year highs. Brenntag AG also fell to 52-week lows.

The implied volatility index of DAX options decreased by 7.83% to 14.20.

In commodity trading, December gold futures rose by 1.23%, reaching $2,646.70 per troy ounce. Meanwhile, crude oil for November delivery fell by 0.31% to $70.94 per barrel, and the November Brent oil contract decreased by 0.59% to $74.44 per barrel.

In currency markets, the EUR/USD remained unchanged at 1.12, while EUR/GBP was stable at 0.84. The US Dollar Index futures saw a slight increase of 0.15% to 100.47.