DAX 40 Rebounds on Wednesday

2026-05-13 16:16 By Agna Gabriel 1 min. read

The DAX 40 index rose 0.6% to around 24,102 points on Wednesday, rebounding from a 1.6% decline in the previous session as strong corporate earnings and optimism ahead of US President Donald Trump’s state visit to China helped offset concerns over the Iran conflict.

Siemens edged higher on solid demand for AI data centres and resilient software sales in its fiscal second quarter.

Merck jumped 7% after reporting stronger than expected operating profit and raising its full year guidance.

Allianz gained 1.1% after a better-than-expected start to the year and reaffirmed its outlook.

Deutsche Telekom added more than 1% following a strong quarterly update and a modest upgrade to its profit forecast.

E.ON rose 3.5%, while RWE slipped 2.2% despite both confirming their annual targets after quarterly results.

On the downside, SAP fell nearly 5%, and Rheinmetall declined more than 3.5%.



News Stream
DAX 40 Rebounds on Wednesday
The DAX 40 index rose 0.6% to around 24,102 points on Wednesday, rebounding from a 1.6% decline in the previous session as strong corporate earnings and optimism ahead of US President Donald Trump’s state visit to China helped offset concerns over the Iran conflict. Siemens edged higher on solid demand for AI data centres and resilient software sales in its fiscal second quarter. Merck jumped 7% after reporting stronger than expected operating profit and raising its full year guidance. Allianz gained 1.1% after a better-than-expected start to the year and reaffirmed its outlook. Deutsche Telekom added more than 1% following a strong quarterly update and a modest upgrade to its profit forecast. E.ON rose 3.5%, while RWE slipped 2.2% despite both confirming their annual targets after quarterly results. On the downside, SAP fell nearly 5%, and Rheinmetall declined more than 3.5%.
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Germany’s DAX 40 index climbed 0.5% to around 24,060 points on Wednesday, clawing back some of the previous session’s losses, as strong corporate earnings and optimism ahead of US President Donald Trump’s state visit to China temporarily overshadowed concerns over the Iran war. Merck led the index with an 8% surge after the pharmaceutical company reported higher-than-expected operating profit and raised the company’s full-year forecast. Allianz rose over 2% following a better-than-anticipated start to the year, reaffirming its annual targets. Deutsche Telekom added more than 1% after a strong quarter prompted a slight upward revision to its annual profit outlook. E.ON gained 4% and RWE dipped 0.6% after both released quarterly reports and confirmed their targets. Meanwhile, Siemens lagged at the bottom of the index, falling 1.6%, as strong demand for AI data centers and robust software sales in its second fiscal quarter were offset by the negative impact of a stronger euro.
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