DAX Rises to 1-Month High

2025-11-12 14:49 By Luisa Carvalho 1 min. read

Germany's DAX extended initial gains to close about 1.2% up at 24,381 on Wednesday, its highest level since October 13, marking the third session of gains.

Markets maintained a positive tone amid expectations of a US government reopening, anticipated rate cuts by the Federal Reserve and strong corporate results.

Shares of RWE surged nearly 9% to record highs after strong results and CFO's remarks on data center growth opportunities.

Infineon jumped 6.8% after the chipmaker announced a turnaround to profit in Q3 and significantly raised its 2026 sales target for the AI power supply segment.

Bayer added 6.3% after also reporting stronger-than-expected results.

Brenntag followed, rising 4.5%, as the German chemicals distributor delivered better-than-expected quarterly results.

On the flip side, E.ON slipped 3.6% after a steep fall in nine-month profit, even as it confirmed its 2025 guidance.



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