DAX Starts 2026 on Higher Note

2026-01-02 17:01 By Luisa Carvalho 1 min. read

The DAX in Frankfurt closed about 0.2% up at 24,524 in the first trading session of 2026, near October’s record highs, building on a strong 23% rise in 2025.

Still, volumes remained thin following the New Year holiday.

The defence and aerospace sector was the top performer, amid persistent geopolitical tensions and expectations of higher military spending.

MTU Aero Engines (4.5%) was the top performer, with Hensoldt (4.4%), Airbus (2.9%), Rheinmetall (2.6%) and Renk (2.3%) closely behind.

Auto stocks also saw solid gains, with BMW, Mercedes-Benz Group, and Volkswagen up 3.4%, 3.1% and 2.8%, respectively.

On the flip side, Munchener Ruck (-3.8%), Hannover Ruck (-3.2%) and SAP (-3%) were the biggest laggards.



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