DAX Inches Higher on Friday

2026-03-06 09:00 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 rose about 0.8% to near 24,000 on Friday, after falling 1.6% in the prior session.

Signs of stabilization in the oil market helped to lift market sentiment, as Washington considers various options to curb soaring energy prices caused by disruptions in the Strait of Hormuz.

However, geopolitical uncertainty in the Middle East lingers, with the Iran conflict entering its seventh day.

Industrials and consumer discretionary were the top-performing sectors.

On equities, Deutsche Post, Rheinmetall, Siemens Energy and Siemens posted the biggest gains, ranging between 1.8% and 3.1%.

Adidas and Beiersdorf also advanced solidly, each adding more than 2%.

Meanwhile, shares of Deutsche Lufthansa surged 3% after the airline reported better-than-expected 2025 results.

On the downside, Infineon Technologies tumbled 2.8% on a broker downgrade, lagging the broader index.

For the week, the DAX was on track for a sharp 5.1% decline, the steepest since March 2025.



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Frankfurt's DAX 40 rose about 0.8% to near 24,000 on Friday, after falling 1.6% in the prior session. Signs of stabilization in the oil market helped to lift market sentiment, as Washington considers various options to curb soaring energy prices caused by disruptions in the Strait of Hormuz. However, geopolitical uncertainty in the Middle East lingers, with the Iran conflict entering its seventh day. Industrials and consumer discretionary were the top-performing sectors. On equities, Deutsche Post, Rheinmetall, Siemens Energy and Siemens posted the biggest gains, ranging between 1.8% and 3.1%. Adidas and Beiersdorf also advanced solidly, each adding more than 2%. Meanwhile, shares of Deutsche Lufthansa surged 3% after the airline reported better-than-expected 2025 results. On the downside, Infineon Technologies tumbled 2.8% on a broker downgrade, lagging the broader index. For the week, the DAX was on track for a sharp 5.1% decline, the steepest since March 2025.
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