DAX Ends in the Red, Posts Weekly Loss
2025-11-07 17:10
By
Luisa Carvalho
1 min. read
Germany's DAX closed about 0.7% down at 23,556 on Friday, the lowest since September 25, extending losses from the previous day.
Global sentiment was weighed by concerns over lofty valuations in AI-related stocks, while macroeconomic and monetary uncertainty persisted amid the prolonged US government shutdown.
In the meantime, the earnings season continued to be monitored.
Zalando led the losses, falling 7.9% in a technical correction following a strong rally in the prior day on upbeat Q3 results.
Scout24 followed closely, shedding 4.5%, after delivering its results.
By contrast, Rheinmetall (+2.4%) was the top performer, tracking gains in Hensoldt (+4.9%) after the defense electronics group reported a sharp rise in orders in the first nine months of 2025.
Shares of automakers such as BMW (+2.2%), Porsche Automobil (+1.7%) and VV (+1.5%) also advanced firmly following reports that China lifted its export ban on Nexperia chips.
For the week, the index declined about 1.7%.