DAX on Cautious Note

2026-02-05 09:12 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 edged down 0.5% to below 24,500 on Thursday, as traders monitored a fresh batch of corporate earnings and cautiously awaited the ECB's policy outcome.

With the central bank expected to maintain the status quo, all attention will be on President Lagarde’s remarks.

The index was dragged lower by defense stocks, which fell amid ongoing Ukraine peace negotiations and easing US-Iran tensions.

Rheinmetall dropped more than 5%, with brokers also citing weak preliminary forecasts for 2026, while Renk and Hensoldt lost up to 3%.

Hannover Re, the world's third-largest reinsurer, fell more than 1%, despite achieving another record profit of €3.5 billion in 2025, slightly above the consensus estimate of €3.4 billion.

Siemens Healthineers lost 1% after reporting mixed performance for the first quarter of fiscal year 2026.

On the upside, tech stocks provided support, with SAP, Siemens, and Infineon Technologies rising 3.3%, 1.8%, and 0.8%, respectively.



News Stream
DAX Finishes Lower
Frankfurt's DAX 40 pared early losses to close about 0.6% down at 23,168 on Thursday, following reports that Iran and Oman were working on a memorandum of understanding concerning safe maritime traffic in the Strait of Hormuz. Earlier, President Trump’s address drove oil prices higher, as he promised a swift end to the Middle East conflict but warned Iran of further attacks on its power plants if no deal is reached. The deadline for action to reopen the Strait of Hormuz, extended by Trump, expires on April 6. Most sectors posted losses, with technology, financials, and industrials among the hardest hit. In equities, Deutsche Telekom slipped 3.3% as it traded ex-dividend, reflecting a €1.00 payout per share. Infineon (-3.2%), Heidelberg Materials (-2.7%), Siemens (-2.6%), Deutsche Bank (-2.6%) and Commerzbank (-2.6%) also saw steep losses. For the week, the index gained about 3.9%. The DAX will be closed Friday for the Easter holiday.
2026-04-02
The DAX Index Closes 0.56% Lower
The DAX Index decreased -131 points or 0.56 percent on Thursday to close at 23168 points. The decline was led by Deutsche Telekom (-3.36%), Infineon (-2.99%) and Henkel (-2.66%). On the upside, the strongest performers were E.ON (2.20%), Deutsche Boerse (1.91%) and Hannover Rueck (1.20%).
2026-04-02
DAX Slips on Thursday
Frankfurt's DAX 40 fell 1.5% to below 23,000 on Thursday, reversing yesterday's sharp gain, as hopes of a quick resolution of the Middle East conflict faded. In his first national address since the Iran war began, Donald Trump gave no timeline for ending the conflict and offered no plan to reopen the Strait of Hormuz, while pledging further strikes on energy facilities if Tehran rejects a deal. His rhetoric triggered a sharp rise in oil prices, reigniting fears of rising inflation and slowing economic growth. Selling pressure spread across most sectors, with technology, financials, and industrials leading the declines. In equities, Infineon (-4.8%), Siemens Energy (-4.2%), Heidelberg Materials (-2.9%), Siemens (-2.8%), Airbus (-2.6%) and MTU Aero Engines (-2.5%) were among the top losers. Deutsche Bank and Commerzbank dropped 3.5% and 2.3%, respectively. Still, the DAX was poised for a weekly gain of nearly 3%.
2026-04-02