DAX on Cautious Note

2026-03-24 09:08 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 fell 0.4% to near 22,500 on Tuesday, reversing yesterday's advance, as attention remained focused on the Middle East conflict.

As President Trump and Iranian officials send contradictory signals on ending the war, reports that Saudi Arabia and the UAE could become involved raise the risk of escalation and uncertainty.

Market participants also scrutinized flash PMI surveys for insights into the economic consequences of the war and higher energy costs.

Germany's private sector growth slowed to a three-month low, with the services sector losing further momentum.

Tech and industrials led sectoral losses.

In equities, SAP and Infineon were among the worst performers, down 3.6% and 2.1%, respectively.

Bayer fell nearly 3% on news of potential stake sale.

Airbus, Rheinmetall, MTU Aero Engines and Siemens also struggled, falling between 0.8%-2%.

Deutsche Bank lost 0.5%.

On the upside, Brenntag, BASF and Deutsche Telekom saw the biggest gains, each rising more than 1%.



News Stream
DAX on Cautious Note
Frankfurt's DAX 40 fell 0.4% to near 22,500 on Tuesday, reversing yesterday's advance, as attention remained focused on the Middle East conflict. As President Trump and Iranian officials send contradictory signals on ending the war, reports that Saudi Arabia and the UAE could become involved raise the risk of escalation and uncertainty. Market participants also scrutinized flash PMI surveys for insights into the economic consequences of the war and higher energy costs. Germany's private sector growth slowed to a three-month low, with the services sector losing further momentum. Tech and industrials led sectoral losses. In equities, SAP and Infineon were among the worst performers, down 3.6% and 2.1%, respectively. Bayer fell nearly 3% on news of potential stake sale. Airbus, Rheinmetall, MTU Aero Engines and Siemens also struggled, falling between 0.8%-2%. Deutsche Bank lost 0.5%. On the upside, Brenntag, BASF and Deutsche Telekom saw the biggest gains, each rising more than 1%.
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