The benchmark DAX index at the Frankfurt Stock Exchange on Friday lost more than 150 points, or 1.53 percent.
The DAX index lost 1.1 percent on Monday as the tension in Ukraine worried investors. It rebounded on Tuesday and remained little changed on Wednesday and Thursday. It eventually closed at 9644.01 points on Friday.
Commerzbank AG, the second largest bank in Germany, was the only share that managed to rise, up by 0.58 percent. Infineon Technologies AG, a semiconductor solutions company, dropped the most by 3.61 percent, followed by Continental AG that went down by 2.57 percent. Henkel AG & Co. KGaA Vz, a laundry and home care company, lost 2.56 percent. The chemical company BASF SE and Bayer AG each slipped by 2.55 percent and 2.37 percent.
The turnover stood at 2.78 billion euros (around 3.74 billion U.S. dollars). Deutsche Bank AG was the most traded share of the day with a turnover of 191.91 million euros (around 258.39 million U.S. dollars).