DAX Remains in the Red
2025-10-30 13:34
By
Luisa Carvalho
1 min. read
Germany's DAX remained cautious on Thursday, closing just below the flatline at 24,139, following the ECB's expected decision to leave interest rates unchanged.
Meanwhile, traders weighed fresh corporate earnings and key European data, while also assessing the US-China trade deal.
On the domestic front, preliminary figures showed German inflation edged down to 2.3% in October of 2025 from 2.4% in the previous month, but remained above market expectations of 2.2%.
Separately, the economy unsurprisingly stagnated in Q3 2025, following an upwardly revised 0.2% contraction in Q2.
Deutsche Telekom was among the top losers, down roughly 2.5%, amid concerns over its subsidiary T-Mobile US after Verizon CEO announced plans to re-enter the US market.
Volkswagen fell 1.9% after reporting its first quarterly loss in five years.
On the upside, Airbus rose 2.1% as it posted a strong Q3 performance and maintained 2025 guidance.