DAX Gains Over 1%
2025-11-24 08:35
By
Luisa Carvalho
1 min. read
The DAX rallied more than 1% on Monday, breaking above the 23,300 mark and reversing some of last week’s steep losses.
The rebound was supported by renewed expectations of a potential Fed rate cut in December, despite mixed signals from policymakers, as well as cautious optimism surrounding Russia–Ukraine peace negotiations.
Reports that US officials may allow Nvidia to sell its H200 AI chips to China provided a further boost.
Meanwhile, concerns about a speculative bubble in the tech sector, largely tied to AI stocks, stayed in the background.
Bayer jumped nearly 10% after reporting encouraging clinical results for its stroke-treatment anticoagulant, Asundexian.
Other top performers included Siemens Energy (+5%), BMW (+2.6%), Daimler Truck (+2.4%), Infineon Technologies (+2.3%), Continental (+1.9%) and Merck (+1.9%).
On the downside, defense stocks such as Rheinmetall (-2.6%) saw sharp losses.