DAX Extends Losses

2026-04-23 08:26 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 edged lower toward 24,100 on Thursday, the fourth day of decreases, mirroring a cautious sentiment across Europe, amid the ongoing uncertainty surrounding the Middle East conflict and rising energy prices.

Investors also digested fresh PMI data and a batch of corporate earnings reports.

Germany's private sector contracted for the first time since May 2025, and the most since December 2024, amid the impact of the Iran war.

Among key movers, SAP dropped over 3% ahead of the release of its quarterly results later in the day, with investors focused on its cloud business, where growth has slowed in recent quarters.

Scout24, Deutsche Bank, Qiagen NV and Fresenius SE & Co were also among the worst performers, with losses of over 2% each.

On the upside, Infineon shares climbed more than 5% following strong results from rival STMicroelectronics.



News Stream
DAX Extends Losses
Frankfurt's DAX 40 edged lower toward 24,100 on Thursday, the fourth day of decreases, mirroring a cautious sentiment across Europe, amid the ongoing uncertainty surrounding the Middle East conflict and rising energy prices. Investors also digested fresh PMI data and a batch of corporate earnings reports. Germany's private sector contracted for the first time since May 2025, and the most since December 2024, amid the impact of the Iran war. Among key movers, SAP dropped over 3% ahead of the release of its quarterly results later in the day, with investors focused on its cloud business, where growth has slowed in recent quarters. Scout24, Deutsche Bank, Qiagen NV and Fresenius SE & Co were also among the worst performers, with losses of over 2% each. On the upside, Infineon shares climbed more than 5% following strong results from rival STMicroelectronics.
2026-04-23
The DAX Index Opens 0.28% Lower
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The DAX Index Closes 0.31% Lower
The DAX Index dropped 76 points or 0.31 percent on Wednesday to close at 24195 points. Losses were led by Deutsche Telekom (-4.76%), MTU Aero Engines AG (-3.91%) and Siemens Healthineers (-3.15%). Offsetting the fall, top gainers were Siemens Energy (6.88%), RWE (3.40%) and Infineon (2.96%).
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