DAX 40 Falls to 2-Week Low
2026-05-12 15:48
By
Agna Gabriel
1 min. read
The DAX 40 dropped 1.5% to 23,975 on Tuesday, hitting a two-week low as rising geopolitical tensions in the Middle East and higher oil prices weighed on market sentiment.
Although the Iran ceasefire has held for nearly five weeks, US President Donald Trump warned it is now “hanging by a thread,” increasing concerns over renewed conflict and its potential impact on global growth.
Investors remain cautious about prolonged disruption, while some hope China could play a mediating role between the parties.
On the corporate front, Munich Re fell 6% despite reporting strong profits, after accepting price reductions in contract renewals.
Siemens Energy declined 5.6% even after posting a solid second quarter and signalling further shareholder returns ahead.
In contrast, Bayer rose 4% after a strong start to the year, supported by robust demand for soybean and corn seeds and continued cost-cutting efforts.