Germany stocks lower at close of trade; DAX down 0.52%

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At the close in Frankfurt, the DAX declined 0.52%, while the MDAX index declined 0.33%, and the TecDAX index fell 0.75%.

The best performers of the session on the DAX were RWE AG ST O.N. (ETR:RWEG), which rose 2.12% or 0.84 points to trade at 40.39 at the close. Meanwhile, Linde PLC (ETR:LINI) added 0.96% or 2.90 points to end at 306.00 and Henkel & Co KGaA AG Pref (ETR:HNKG_p) was up 0.89% or 0.60 points to 68.12 in late trade.

The worst performers of the session were Siemens Energy AG (ETR:ENR1n), which fell 2.64% or 0.50 points to trade at 18.41 at the close. Adidas AG (ETR:ADSGN) declined 2.39% or 3.36 points to end at 137.42 and Sartorius AG VZO O.N. (ETR:SATG_p) was down 2.14% or 9.20 points to 420.00.

The top performers on the MDAX were Hella KGaA Hueck & Co (ETR:HLE) which rose 3.68% to 81.65, Rheinmetall AG (ETR:RHMG) which was up 3.29% to settle at 257.20 and Commerzbank AG O.N. (ETR:CBKG) which gained 2.28% to close at 11.23.

The worst performers were Aroundtown Property Holdings PLC (ETR:AT1) which was down 3.86% to 2.42 in late trade, Kion Group AG (ETR:KGX) which lost 3.82% to settle at 36.49 and Fraport AG (ETR:FRAG) which was down 3.09% to 48.86 at the close.

The top performers on the TecDAX were Telefonica Deutschland Holding AG (ETR:O2Dn) which rose 2.21% to 2.91, Hensoldt Ag (ETR:HAGG) which was up 1.22% to settle at 29.05 and Freenet AG NA (ETR:FNTGn) which gained 1.19% to close at 23.85.

The worst performers were Nagarro SE (ETR:NA9n) which was down 6.91% to 115.80 in late trade, Morphosys AG O.N. (ETR:MORG) which lost 3.53% to settle at 17.75 and Evotec AG O.N. (ETR:EVTG) which was down 2.40% to 18.47 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 459 to 207 and 92 ended unchanged.

Shares in Rheinmetall AG (ETR:RHMG) rose to all time highs; up 3.29% or 8.20 to 257.20. Shares in Hensoldt Ag (ETR:HAGG) rose to all time highs; rising 1.22% or 0.35 to 29.05.

The DAX volatility index, which measures the implied volatility of DAX options, was up 5.18% to 20.09.

Gold Futures for April delivery was down 0.31% or 5.75 to $1,844.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.14% or 0.11 to hit $76.66 a barrel, while the April Brent oil contract fell 1.07% or 0.90 to trade at $83.17 a barrel.

EUR/USD was unchanged 0.27% to 1.07, while EUR/GBP fell 0.88% to 0.88.

The US Dollar Index Futures was up 0.26% at 104.05.