DAX Extends Record-Breaking Run

2026-01-12 17:24 By Luisa Carvalho 1 min. read

The DAX in Frankfurt closed 0.6% firmer at a fresh record high of 25,405 on Monday, extending its rally into a tenth consecutive day.

Healthcare and consumer healthcare stocks were the top performers.

Fresenius Medical Care climbed 3.5% after MWB Research upgraded the stock from ‘Hold’ to ‘Buy’ following last week’s announcement of an accelerated share buyback program, also raising its price target to €47 from €46.

Fresenius, the largest single shareholder, tracked the company's gains, rising by 2.9%.

Beiersdorf, owner of brands such as Nivea and Eucerin, added 3.2%, following positive ratings from Deutsche Bank and Bernstein Research.

Defense names such as Renk (3.1%) and Hensoldt (1.3%) also gained amid mounting geopolitical risks, including unrest in Iran.

Traders also weighed renewed political pressure on the US Federal Reserve.

On the flip side, auto stocks BMW, VW and Mercedes fell 1.7%, 1.3% and 1%, respectively, after reporting weaker Q4 sales in North America and China.



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