DAX Finishes on Higher Note
2025-11-20 17:20
By
Luisa Carvalho
1 min. read
Germany’s DAX eased back from early gains of over 1% to close modestly higher at 23,279 on Thursday, recovering from a five-day losing streak.
Market sentiment was largely supported by the better-than-expected results and outlook announced by chip giant Nvidia, while the delayed US jobs report offered mixed signals.
Companies using AI monitoring systems and indirectly involved in the energy sector saw strong gains.
Qiagen NV led the charge, up 3.6%, along with RWE (+2.7%).
Siemens Energy shares surged nearly 3% to a record high, after the company unveiled a €6 billion ($6.9 billion) buyback programme by the end of its fiscal year 2028.
Siemens (+1.1%), GEA Group (+1.1%), SAP (+0.5%) and Infineon Technologies (+0.4%) also advanced.