German DAX Index joined its European counterparts in posting 5-month record close prices on Thursday but slightly retreated on Friday amid Greek struggle to negotiate debt cuts and write offs. Six of nine sectors posted losses on January 20 led by utilities and service stocks. Metro AG lost 1.81%, while Heidelbergcement dropped 1.6%. On the upside index was supported by financials, as Commerzbank AG surged 6.6% and Deutsche Bank added 0.73%. At the moment of writing DAX Index is 0.07% or 4.34 points down at 6,411.92.