DAX on Cautious Note
2025-11-07 08:56
By
Luisa Carvalho
1 min. read
Germany's DAX was cautiously higher around 23,760 on Friday, following losses of over 1% in the previous day, as sentiment remained fragile amid lingering concerns over elevated tech valuations.
Meanwhile, investors assessed more corporate earnings from both sides of the Atlantic and some economic data.
Regarding domestic data, Germany’s trade surplus fell to an 11-month low in September 2025, below analysts’ estimates, as the rise in imports outpaced that of exports.
Automakers led the way, following reports that China lifted its export ban on Nexperia chips, with Volkswagen up nearly 2%, while Daimler Truck, Porsche Automobil, and BMW gained more than 1% each.
On the opposite side, the biggest laggards were Scout24 and Zalando, down 3.8% and 2.5%, respectively.
For the week, the index was set to decline about 0.8%.