The DAX Index Closes 0.11% Lower

Frankfurt's DAX 40 maintained a cautious tone on Tuesday, closing marginally down at 24,988, after two consecutive sessions of gains. Attention remained centered on the earnings season and corporate updates across both sides of the Atlantic. Meanwhile, markets await US jobs and inflation figures for January later this week, which are expected to provide clearer signals on the Fed’s next actions. Among single stocks, Siemens Energy slipped 3.8% to the bottom of the index, amid a technical correction after Monday’s record high. The company is set to release its quarterly results on Wednesday, with profits forecast to rise sharply. Allianz slumped 2.6%, tracking the broader trend among insurers in the US and Europe on concerns surrounding the introduction of AI in the sector. On the upside, Symrise jumped 6.2% after Goldman Sachs upgraded the stock, part of the broker’s more pro-cyclical outlook on European chemicals. Brenntag and BASF moved in line, rising 5.2% and 4.6%, respectively.

The DAX Index decreased -27 points or 0.11 percent on Tuesday to close at 24988 points. The decline was led by Siemens Energy (-4.59%), Allianz (-2.94%) and HeidelbergCement (-1.63%). On the upside, the strongest performers were Symrise (7.33%), Zalando (5.32%) and Brenntag (5.28%).

Frankfurt's DAX 40 drifted around the 25,000 mark on Tuesday, holding close to its highest level since mid-January. Market attention remains on earnings and corporate updates ahead of key macroeconomic releases, notably US jobs data due on Wednesday. Among equities, Symrise jumped over 6% and was the standout performer following a buy recommendation from Goldman Sachs. The chemical company also said that investigations against it in US antitrust proceedings by the Department of Justice had been dropped. Other sector peers, including BASF and Brenntag, also advanced, rising 3.6% and 2.3%, respectively. On the opposite side, Allianz led losses, falling nearly 2%, tracking US insurers on worries about AI’s impact on the sector. Other top decliners were Siemens Energy (-1.5%), Infineon Technologies (-1.3%), MTU Aero Engines (-1.2%) and E.ON (-1.1%).