Germany Stocks Lower as Commerzbank AG Rises
Decline in German Stocks
Germany stocks closed lower on Friday, with losses in various sectors leading shares down. The DAX declined by 0.17%, while the MDAX and TecDAX lost 0.30% and 0.46%, respectively.
Top Performers
The best performers on the DAX were Commerzbank AG O.N., which rose by 1.98%, Deutsche Boerse AG, which added 1.68%, and Symrise AG Inh. O.N., which was up by 1.57%.
Worst Performers
On the other hand, E.ON SE and Zalando SE were among the worst performers, with declines of 5.22% and 3.72%, respectively.
MDAX and TecDAX
Freenet AG NA, Stabilus, and Fuchs Petrolub AG VZO Pref were the top performers on the MDAX, while Redcare Pharmacy NV, Evotec AG O.N., and Lanxess AG faced losses.
In the TecDAX, Freenet AG NA, TeamViewer AG, and Jenoptik AG were the top performers, with Evotec AG O.N., Sartorius AG VZO O.N., and Nagarro SE being the worst performers.
Market Summary
On the Frankfurt Stock Exchange, falling stocks slightly outnumbered advancing ones, with 302 decliners, 300 advancers, and 40 unchanged stocks.
Commerzbank AG O.N. reached 5-year highs, rising by 1.98%. Additionally, the DAX volatility index was down by 1.48%.
Commodities and Currency
Gold and crude oil prices saw some movement, with gold futures rising and crude oil prices fluctuating. The EUR/USD and EUR/GBP remained stable, while the US Dollar Index Futures were unchanged.
