DAX Pushes to Fresh Highs
2026-01-09 14:50
By
Luisa Carvalho
1 min. read
The DAX in Frankfurt moved higher to close 0.5% up at 25,258 on Friday, scaling new highs, as traders digested the latest US jobs report while also monitoring geopolitical developments.
The US job market showed signs of cooling in December, with slower hiring but a falling unemployment rate, reducing expectations of a Fed rate cut later this month.
On the domestic front, Germany’s industrial output unexpectedly rose for the third month in November, but exports declined.
Defense names such as Hensoldt (5.6%), Rheinmetall (2.6%) and Renk (1%) outperformed.
SAP and Infineon Technologies climbed 2.8% and 2.7%, respectively, tracking strong performance among chip giants in Amsterdam.
Fresenius Medical Care rose 1.3% after announcing the continuation of its €1 billion share buyback program.
Among losers, insurers Allianz (-1.8%), Munich Re (-1.1%) and Hannover Re (-1%) faced pressure after Morgan Stanley cited the challenging industry environment.
For the week, the index added 2.9%.