DAX on Cautious Note

2026-05-20 07:56 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 traded near the flatline around 24,400 on Wednesday, amid continued uncertainties around the Middle East conflict and caution ahead of Nvidia's earnings release.

Meanwhile, the EU has reached a preliminary agreement on legislation to eliminate import tariffs on US goods as part of last July’s trade deal aimed at avoiding higher US tariffs on EU exports.

On the corporate front, investors will be watching Commerzbank’s annual general meeting closely, with the planned takeover by UniCredit likely to dominate discussions.

Siemens Energy, Siemens and Infineon Technologies were among the top performers, rising 2.3%, 1.7% and 1.1%, respectively.

On the flip side, SAP underperformed, dropping 2.5%.

Scout24, GEA Group, Qiagen and Beiersdorf followed, with losses of more than 1% each.



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DAX on Cautious Note
Frankfurt's DAX 40 traded near the flatline around 24,400 on Wednesday, amid continued uncertainties around the Middle East conflict and caution ahead of Nvidia's earnings release. Meanwhile, the EU has reached a preliminary agreement on legislation to eliminate import tariffs on US goods as part of last July’s trade deal aimed at avoiding higher US tariffs on EU exports. On the corporate front, investors will be watching Commerzbank’s annual general meeting closely, with the planned takeover by UniCredit likely to dominate discussions. Siemens Energy, Siemens and Infineon Technologies were among the top performers, rising 2.3%, 1.7% and 1.1%, respectively. On the flip side, SAP underperformed, dropping 2.5%. Scout24, GEA Group, Qiagen and Beiersdorf followed, with losses of more than 1% each.
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