DAX on Cautious Note
2025-10-08 07:41
By
Luisa Carvalho
1 min. read
Frankfurt’s DAX struggled for direction on Wednesday, hovering around 24,390, amid uncertainty stemming from France’s political crisis and the prolonged US government shutdown.
Weak economic data from Germany added to investor concerns.
Industrial production in Germany slumped by 4.3% month-over-month in August 2025, far exceeding expectations of a 1% decline and marking the steepest drop since March 2022.
Among equities, Adidas, Siemens Energy, RWE and Rheinmetall posted the biggest gains, each adding more than 1%.
On the downside, shares of BMW dropped more than 5% after the carmaker issued a profit warning for the 2025 financial year, slashing its earnings forecast following weaker-than-expected performance in China and delays in tariff refunds between the EU and the United States.