DAX Turns Slightly Positive

2025-12-11 11:42 By Luisa Carvalho 1 min. read

Frankfurt's DAX gained further ground, rising 0.6% to surpass 24,200 on Thursday, in line with other European peers, in the aftermath of the Fed policy announcement and despite downbeat results from tech company Oracle.

The US central bank cut rates by 25 basis points, as expected, with Powell's words leaving the door open for another cut in 2026.

Daimler Truck topped the index, rising 3.7%, as Bank of America (BofA) maintained its ‘Buy’ rating and €43 price target after meeting the company’s CFO.

New details also emerged regarding Daimler Truck's cost-cutting program, which aims to save €1 billion by 2030.

Munich Re shares rose 2.2%, supported by the company’s confirmation of its 2025 profit target and its plans to further increase profits by the end of the decade through additional cost savings.

On the downside, Deutsche Borse (-2.5%), Symrise (-2.4%), E.ON (-2.2%) and SAP (-2%) were the biggest laggards.



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