DAX on Negative Note

2026-05-21 08:10 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 traded slightly below the flatline around 24,700 on Thursday, after a three-day recovery, as traders continued to assess developments in the Middle East amid continued uncertainty around a possible US-Iran peace deal.

Iran said it is reviewing the latest US proposal to end the conflict after President Trump signaled he would wait a few more days for Tehran’s response.

On the data front, a fresh PMI survey showed Germany’s private sector contracted for a second straight month in May, amid weakening demand and elevated inflationary pressures. Among equities, Commerzbank led losses, falling 3.6%.

Commerzbank led equity losses, falling 3.6%, amid renewed takeover pressure from UniCredit following the rejection of its €39 billion offer on Monday.

Brenntag (-3.1%) and Airbus (-2.3%) also posted significant losses.

Meanwhile, Infineon shares continued their good run, up 1.5%, benefiting from Nvidia's earnings report.



News Stream
DAX on Negative Note
Frankfurt's DAX 40 traded slightly below the flatline around 24,700 on Thursday, after a three-day recovery, as traders continued to assess developments in the Middle East amid continued uncertainty around a possible US-Iran peace deal. Iran said it is reviewing the latest US proposal to end the conflict after President Trump signaled he would wait a few more days for Tehran’s response. On the data front, a fresh PMI survey showed Germany’s private sector contracted for a second straight month in May, amid weakening demand and elevated inflationary pressures. Among equities, Commerzbank led losses, falling 3.6%. Commerzbank led equity losses, falling 3.6%, amid renewed takeover pressure from UniCredit following the rejection of its €39 billion offer on Monday. Brenntag (-3.1%) and Airbus (-2.3%) also posted significant losses. Meanwhile, Infineon shares continued their good run, up 1.5%, benefiting from Nvidia's earnings report.
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