Frankfurt's DAX 40 closed about 2% lower at 22,380 on Friday, the lowest since April 2025, marking the third consecutive session of declines. Traders weighed the risk of further escalation in Middle East tensions, reviving concerns over a prolonged energy crisis and price pressures. According to the Wall Street Journal, the US is sending three warships and roughly 2500 additional marines to the Middle East to reinforce positions in the war with Iran. In the meantime, Israel claimed to have killed two senior Iranian security officials, which could prompt fresh retaliation. E.ON (-5.7%) and SAP (-4.2%) posted the steepest losses in equities, while Siemens Energy, MTU Aero Engines, Rheinmetall, GEA Group, Zalando, and Siemens all fell more than 3%. On the upside, Heidelberg Materials and Infineon were the top performers, rising 3% and 1.4%, respectively. For the week, the index logged a 4.6% decline.

Germany's main stock market index, the DE40, fell to 22380 points on March 20, 2026, losing 2.01% from the previous session. Over the past month, the index has declined 10.45% and is down 2.23% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Germany. Historically, the Germany Stock Market Index (DE40) reached an all time high of 25584.60 in January of 2026. Germany Stock Market Index (DE40) - data, forecasts, historical chart - was last updated on March 22 of 2026.

Germany's main stock market index, the DE40, fell to 22380 points on March 20, 2026, losing 2.01% from the previous session. Over the past month, the index has declined 10.45% and is down 2.23% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Germany. The Germany Stock Market Index (DE40) is expected to trade at 22308.82 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 19918.37 in 12 months time.



Indexes Price Day Month Year Date
DE40 22,380.19 -459.37 -2.01% -10.45% -2.23% Mar/20
DE Mid 27,796.28 -626.80 -2.21% -11.42% -3.43% Mar/20
EU100 1,699.00 -33.11 -1.91% -7.32% 6.63% Mar/20
DE Small 16,197.98 -179.95 -1.10% -9.26% 0.23% Mar/20
EU600 573.28 -10.36 -1.78% -8.67% 4.30% Mar/20
EU50 5,501.28 -112.55 -2.00% -10.02% 1.43% Mar/20
Euro Stoxx Banks 235.02 -4.48 -1.87% -13.96% 21.82% Mar/20

Components Price Day Year MCap Date
SAP 153.82 -6.18 -3.86% -39.76% 233.95B Mar/21
Siemens 203.75 -6.55 -3.11% -9.59% 197.72B Mar/21
Deutsche Telekom 31.62 -0.53 -1.65% -5.05% 194.02B Mar/21
Allianz 347.60 -5.60 -1.59% -1.19% 158.96B Mar/21
Airbus 160.92 -3.04 -1.85% -3.77% 154.51B Mar/21
Siemens Energy 140.75 -4.95 -3.40% 132.34% 152.32B Mar/21
Rheinmetall 1,499.00 -55.00 -3.54% 13.99% 104.76B Mar/21
Munich RE 520.80 -8.80 -1.66% -9.36% 87.72B Mar/21
Deutsche Bank 24.76 -0.39 -1.55% 8.31% 76.35B Mar/21
Mercedes-Benz AG 50.86 -0.78 -1.51% -13.28% 71.33B Mar/21




Related Last Previous Unit Reference
Germany Inflation Rate 1.90 2.10 percent Feb 2026
Germany Interest Rate 2.15 2.15 percent Mar 2026
Germany Unemployment Rate 6.30 6.30 percent Feb 2026

Germany Stock Market Index (DE40)
The DE40 tracks the performance of 40 selected German blue chip stocks traded on the Frankfurt Stock Exchange, which represent around 80 percent of the market capitalization listed in Germany. The Index is free floating and has a base value of 1000 as of December 31, 1987. This index is primarily derived from over-the-counter trading and contracts for difference indexes (CFDs).
Actual Previous Highest Lowest Dates Unit Frequency
22380.19 22839.56 25584.60 936.00 1987 - 2026 points Daily

Market Data Coverage: Germany

News Stream
DAX Slips to 11-Month Lows
Frankfurt's DAX 40 closed about 2% lower at 22,380 on Friday, the lowest since April 2025, marking the third consecutive session of declines. Traders weighed the risk of further escalation in Middle East tensions, reviving concerns over a prolonged energy crisis and price pressures. According to the Wall Street Journal, the US is sending three warships and roughly 2500 additional marines to the Middle East to reinforce positions in the war with Iran. In the meantime, Israel claimed to have killed two senior Iranian security officials, which could prompt fresh retaliation. E.ON (-5.7%) and SAP (-4.2%) posted the steepest losses in equities, while Siemens Energy, MTU Aero Engines, Rheinmetall, GEA Group, Zalando, and Siemens all fell more than 3%. On the upside, Heidelberg Materials and Infineon were the top performers, rising 3% and 1.4%, respectively. For the week, the index logged a 4.6% decline.
2026-03-20
The DAX Index Closes 1.95% Lower
The DAX Index dropped -446 points or 1.95 percent on Friday to close at 22394 points. Losses were led by SAP (-4.26%), E.ON (-3.78%) and Zalando (-3.61%).
2026-03-20
DAX Deepens Losses
Frankfurt's DAX 40 eased further on Friday, falling more than 1% to around 22,500, amid persistent global uncertainty due to geopolitical tensions. The simultaneous expiration of futures and options on indices and stocks is also increasing market volatility. Israel agreed to halt energy-field attacks on Iran at Trump’s request, but Tehran’s assault on a Kuwaiti refinery suggests the risk of further escalation remains. Meanwhile, US Treasury Secretary Scott Bessent on Thursday said that the US could lift sanctions on Iranian oil already in the sea to ease pressure, which could provide some respite for US allies. In equities, SAP was at the bottom with losses of over 4%, followed by Zalando (-3.2%) and GEA Group (-2.7%). On the flip side, Heidelberg materials moved to the top, rising 2.8%, and Infineon gained 2% after JPMorgan upgraded the stock, citing stronger demand linked to AI-driven power technologies. For the week, the index is likely to decline about 4%.
2026-03-20