DAX Finishes on Higher Note

2026-02-06 17:29 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 managed to close about 0.9% firmer at 24,721.5 on Friday, halting a three-day losing streak and outperforming its peers.

Traders assessed a fresh batch of corporate earnings from both sides of the Atlantic, with nervousness around AI-massive spending easing somewhat.

Siemens Energy (+3.9%) outperformed, boosted by better-than-expected results and strong 2026 guidance from US peer Bloom Energy.

Heidelberg Materials rose 2.6% following positive results, while Bayer added 2.2% after announcing successful research results for its promising drug, Asundexian.

Defense shares also saw strong demand.

Renk surged 6.1% after BNP Paribas and French broker Exane raised their ratings on the stock.

On the flip side, Siemens Healthineers (-2.8%), Zalando (-2.1%), and BASF (-1.8%) posted the biggest losses.

Negative news from Stellantis pressured the automotive sector, with Volkswagen, Daimler Truck, BMW, and Porsche Automobil falling up to 1.2%.

For the week, the index rose 0.7%.



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