DAX Ends at Over 1-Week High
2025-11-11 17:00
By
Luisa Carvalho
1 min. read
Germany's DAX closed about 0.5% up at an over one-week high of 24,096 on Tuesday, the second day of gains, supported by growing expectations of a resolution to the US government shutdown.
A majority in the US Senate passed a temporary spending bill on Monday, which now only requires House approval and President Trump’s signature to take effect.
Meanwhile, traders also eyed fresh economic data and corporate updates.
German ZEW economic sentiment fell in November from October, missing expectations for an improvement.
Among the top performers were pharma stocks and retailers, with Bayer (+3.5%) leading the gains, followed by Adidas (+3%), Merck (+2.9%), Siemens Healthineers (+2.4%) and Zalando (+2.2%).
Porsche Automobil gained 1.6% even as its profits fell in the first nine months of 2025, as net debt declined slightly to €5 billion as of September 30 from €5.2 billion at year-end 2024.
However, defense stocks such as Rheinmental (-3.1%) struggled following Hensoldt 's revised targets.