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Germany's dax index fall over 3pc.

Germany stocks were lower after the close on Friday, as losses in the Technology, Consumer and Cyclical and Chemicals sectors led shares lower. At the close in Frankfurt, the DAX lost 3.11 percent to hit a new 1-month low, while the MDAX index declined 2.16percent, and the TecDAX index fell 2.96percent.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 553 to 135 and 62 ended unchanged. The DAX volatility index, which measures the implied volatility of DAX options, was up 27.41 percent to 18.50 a new 1-month high. Gold Futures for December delivery was up 1.82 percent or 26.05 to $1458.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 3.17 percent or 1.71 to hit $55.66 a barrel, while the October Brent oil contract rose 2.71 percent or 1.64 to trade at $62.14 a barrel.

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Publication:Pakistan & Gulf Economist
Geographic Code:4EUGE
Date:Aug 11, 2019
Words:186
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