DAX at Over 1-Week High

2026-03-18 08:48 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 rose about 0.5% to trade above 23,800 on Wednesday, the highest in over a week, marking the third consecutive session of gains.

Oil prices fell, lifting sentiment, after Iraq reached an agreement to resume exports via Turkey, avoiding the Strait of Hormuz.

However, the situation in the Middle East remains tense following the killing of Tehran's security chief.

Attention was also on upcoming policy announcements by major central banks, including the US Federal Reserve later in the day.

Among top performers, industrials saw strong gains, with Heidelberg Materials climbing 3.5% after Morgan Stanley upgraded it from "underweight" to "overweight." Banks and technology stocks also advanced firmly.

On the downside, Deutsche Telekom (-1.7%) led the laggards, followed by Fresenius Medical Care (-1.3%), RWE (-1.1%), and Zalando (-1%).



News Stream
DAX at Over 1-Week High
Frankfurt's DAX 40 rose about 0.5% to trade above 23,800 on Wednesday, the highest in over a week, marking the third consecutive session of gains. Oil prices fell, lifting sentiment, after Iraq reached an agreement to resume exports via Turkey, avoiding the Strait of Hormuz. However, the situation in the Middle East remains tense following the killing of Tehran's security chief. Attention was also on upcoming policy announcements by major central banks, including the US Federal Reserve later in the day. Among top performers, industrials saw strong gains, with Heidelberg Materials climbing 3.5% after Morgan Stanley upgraded it from "underweight" to "overweight." Banks and technology stocks also advanced firmly. On the downside, Deutsche Telekom (-1.7%) led the laggards, followed by Fresenius Medical Care (-1.3%), RWE (-1.1%), and Zalando (-1%).
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The DAX Index Opens 0.46% Higher
The DAX Index is picking up 108 points or 0.46 percent on Wednesday. Gains are led by HeidelbergCement (3.63%), Siemens Energy (2.44%) and Deutsche Post (1.63%). Biggest losers are Deutsche Telekom (-1.76%), Fresenius Medical Care (-0.97%) and RWE (-0.89%).
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The DAX Index rose 163 points or 0.69 percent on Tuesday to close at 23727 points. Leading the gains are E.ON (3.53%), Hannover Rueck (3.42%) and Merck (2.80%). Top losers were Beiersdorf (-2.72%), Daimler Truck Holding AG (-1.32%) and Fresenius (-1.28%).
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