Frankfurt - German stock markets finished mixed at the close on Friday, with sector-level gains in Telecoms, Media and Food & Beverages helping lift parts of the market even as losses in Construction, Technology and Utilities weighed on the benchmark.
At the close, the DAX was down 0.13%. The MDAX edged higher by 0.32% and the TecDAX rose 0.37%.
Top performers on the DAX
- Deutsche Telekom AG Na (ETR:DTEGn) led gains on the DAX, rising 3.08% or 0.78 points to finish at 26.12.
- Heidelberg Materials AG (ETR:HEIG) added 2.79% or 4.65 points to close at 171.10.
- Commerzbank AG O.N. (ETR:CBKG) climbed 1.95% or 0.74 points to end the session at 38.64.
Largest decliners on the DAX
- Siemens Energy AG (ETR:ENR1n) fell 2.64% or 4.12 points to 152.12 at the close.
- Rheinmetall AG (ETR:RHMG) slipped 2.09% or 21.20 points to finish at 992.00.
- E.ON SE (ETR:EONGn) was down 1.46% or 0.28 points to 18.96.
MDAX movers
- On the MDAX, CTS Eventim AG (ETR:EVDG) was the best performer, up 5.41% to 56.50.
- Carl Zeiss Meditec AG (ETR:AFXG) rose 4.51% to 30.60, while TeamViewer AG (ETR:TMV) gained 3.80% to close at 5.46.
- At the lower end, TKMS GmbH (ETR:TKMS) lost 4.25% to 81.20, Aixtron SE (ETR:AIXGn) fell 3.62% to 43.63 and Nordex SE O.N. (ETR:NDXG) dropped 3.49% to 40.98.
TecDAX highlights
- Carl Zeiss Meditec AG (ETR:AFXG) also featured among the TecDAX leaders, up 4.51% to 30.60.
- TeamViewer AG (ETR:TMV) rose 3.80% to 5.46 and Sartorius AG VZO O.N. (ETR:SATG_p) gained 3.73% to close at 242.00.
- Wider TecDAX weakness was led by Aixtron SE (ETR:AIXGn), which lost 3.62% to 43.63, Nordex SE O.N. (ETR:NDXG) which fell 3.49% to 40.98, and Eckert & Ziegler AG O.N. (ETR:EUZG) which declined 2.75% to 14.83.
On the trading breadth front, advancing stocks narrowly outnumbered decliners on the Frankfurt exchange, with 335 rising, 325 falling and 34 finishing unchanged.
Shares of Commerzbank AG O.N. (ETR:CBKG) reached a notable level, climbing to 5-year highs as the stock rose 1.95% to 38.64.
The DAX volatility index, which measures implied volatility of DAX options, declined 13.26% to 17.86.
Commodities and FX
- Gold futures for August delivery were down 0.49% or 20.25 to $4,120.55 a troy ounce.
- Crude oil for August delivery fell 1.10% or 0.79 to $71.29 a barrel, while the September Brent contract slipped 0.71% or 0.54 to $75.76 a barrel.
- In FX, EUR/USD was largely unchanged, moving 0.06% to 1.14, and EUR/GBP was effectively flat at 0.85, up 0.04%.
- The US Dollar Index Futures was down 0.12% at 100.57.
Overall, the session was characterized by mixed sector performance and selective stock strength, with commodity prices and implied volatility recording declines that accompanied modest gains in the mid- and tech-cap indices.