DAX at Near 1-Month High
2025-12-09 08:43
By
Luisa Carvalho
1 min. read
Frankfurt's DAX rose 0.5% to close at 24,172 on Tuesday, the highest in nearly a month, extending gains for the fourth consecutive session.
However, caution prevailed as the Fed begins its two-day meeting, with Wednesday’s policy decision in focus.
Industrial companies were among the day’s top performers, with defense stocks leading the gains.
Hensoldt (+4.7%), Rheinmetall (+4%) and Renk (+3.3%) advanced solidly, following reports that German lawmakers are set to approve procurement contracts worth a record €52 billion next week.
Financial companies also recorded gains, with key performers including Allianz (+2.8%), Deutsche Bank (+1.7%) and Munchener Ruck (+1.2%).
On the flip side, Airbus and Fresenius SE & Co posted the biggest losses, each shedding 1.2%.
Outside the main index, Thyssenkrupp slipped about 6.6% after issuing a cautious outlook for fiscal 2025–2026, despite returning to a net profit in the fourth quarter.