FRANKFURT: Share prices on the Frankfurt stock exchange fell in morning trading on Friday, when investor sentiment was hit by the crash of a passenger jet in Ukraine and an escalation of the situation in Israel and Gaza.
In late morning trade, the blue-chip DAX 30 index was showing a loss of 0.60 percent with all but a few individual shares in negative territory.
The mid-cap MDAX index was showing a loss of 0.70 percent.
"Geopolitical tensions have intensified with the plane crash in eastern Ukraine and the Israeli ground offensive in the Gaza strip. There isn't a lot of appetite for stocks at the moment," said Werner Bader of LBBW.
Of the 30 DAX stocks, only software giant SAP, banks Deutsche Bank and Commerzbank and industrial gas maker Linde were showing a gain.
Shares in Lufthansa, Germany's biggest airline, were down 0.58 percent.
Late on Thursday, the carrier had said it would avoid Ukrainian airspace following the crash of a Malaysian passenger jet.
Shares in auto giant Volkswagen were down 0.27 percent. On Thursday, it denied a magazine report which said it was eyeing a possible merger with Italian rival Fiat.
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