Germany stocks lower at close of trade; DAX down 0.48%

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At the close in Frankfurt, the DAX lost 0.48%, while the MDAX index lost 0.54%, and the TecDAX index fell 0.79%.

The best performers of the session on the DAX were Zalando SE (DE:ZALG), which rose 2.44% or 1.06 points to trade at 44.56 at the close. Meanwhile, Puma SE (DE:PUMG) added 2.02% or 1.46 points to end at 73.76 and Brenntag AG (DE:BNRGn) was up 1.21% or 0.86 points to 71.84 in late trade.

The worst performers of the session were Deutsche Bank AG NA O.N. (DE:DBKGn), which fell 9.09% or 1.08 points to trade at 10.84 at the close. Vonovia SE (DE:VNAn) declined 2.51% or 1.03 points to end at 39.97 and RWE AG ST O.N. (DE:RWEG) was down 1.87% or 0.77 points to 40.48.

The top performers on the MDAX were TeamViewer AG (DE:TMV) which rose 5.08% to 13.13, Aixtron SE (DE:AIXGn) which was up 3.96% to settle at 21.28 and Wacker Chemie O.N. (DE:WCHG) which gained 3.58% to close at 167.90.

The worst performers were Commerzbank AG O.N. (DE:CBKG) which was down 8.47% to 6.42 in late trade, Evotec AG O.N. (DE:EVTG) which lost 6.84% to settle at 25.05 and Gerresheimer AG (DE:GXIG) which was down 3.72% to 67.35 at the close.

The top performers on the TecDAX were TeamViewer AG (DE:TMV) which rose 5.08% to 13.13, Aixtron SE (DE:AIXGn) which was up 3.96% to settle at 21.28 and Siltronic AG (DE:WAFGn) which gained 1.69% to close at 87.25.

The worst performers were Evotec AG O.N. (DE:EVTG) which was down 6.84% to 25.05 in late trade, Nordex SE O.N. (DE:NDXG) which lost 3.65% to settle at 16.48 and Verbio Vereinigte Bioenergie AG (DE:VBKG) which was down 3.26% to 81.65 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 384 to 309 and 77 ended unchanged.

Shares in Vonovia SE (DE:VNAn) fell to 52-week lows; down 2.51% or 1.03 to 39.97.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.78% to 29.07.

Gold Futures for June delivery was up 1.34% or 26.20 to $1,974.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 7.05% or 6.65 to hit $100.94 a barrel, while the June Brent oil contract rose 6.48% or 6.38 to trade at $104.86 a barrel.

EUR/USD was unchanged 0.41% to 1.08, while EUR/GBP unchanged 0.35% to 0.83.

The US Dollar Index Futures was up 0.29% at 100.21.