DAX Edges Lower
2025-11-07 11:04
By
Luisa Carvalho
1 min. read
Germany's DAX moved into negative territory on Friday, down 0.6% to near 23,600, extending losses from the previous day, in line with other European peers.
Investor sentiment stayed cautious amid lingering worries about high tech valuations, while the earnings season progressed.
On the data front, 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.
The biggest laggards among equities were Scout24 and Zalando, down 3.8% and 2.5%, respectively.
By contrast, shares of automakers stood out, led by Volkswagen (+1.8%) and Porsche Automobil (+1.5%) following reports that China lifted its export ban on Nexperia chips.
Banks also advanced firmly, with Commerzbank and Deutsche Bank adding 1.4% and 0.7%, respectively.
For the week, the index was set to decline about 1.5%.