DAX Falls on Thursday

2026-05-28 08:02 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 edged lower on Thursday, falling 0.2% to around 25,135, after fresh attacks in the Middle East dampened hopes for a swift resolution to the Middle East conflict.

The US and Iran have again exchanged fire in the Strait of Hormuz, despite a ceasefire and ongoing negotiations to end the war.

This prompted a renewed rise in oil prices, reigniting inflation and growth concerns.

Energy-sensitive stocks such as Siemens Energy (-2%) and airline Lufthansa (-1%) were particularly hit.

Pharmaceutical companies also faced pressure, with Bayer down nearly 2% on reports of a new US lawsuit over its market position in a corn seed raw material. On the flip side, defense stocks saw strong demand amid rising tensions, with Rheinmetall up over 4% leading gains, followed by Hensoldt (6.8%) and Renk (3.6%).

Rheinmetall was further lifted by reports of a €1 billion order for more than 2,000 military transport vehicles.

Infineon Technologies (2.1%) and SAP (1.8%) also advanced firmly.



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DAX Falls on Thursday
Frankfurt's DAX 40 edged lower on Thursday, falling 0.2% to around 25,135, after fresh attacks in the Middle East dampened hopes for a swift resolution to the Middle East conflict. The US and Iran have again exchanged fire in the Strait of Hormuz, despite a ceasefire and ongoing negotiations to end the war. This prompted a renewed rise in oil prices, reigniting inflation and growth concerns. Energy-sensitive stocks such as Siemens Energy (-2%) and airline Lufthansa (-1%) were particularly hit. Pharmaceutical companies also faced pressure, with Bayer down nearly 2% on reports of a new US lawsuit over its market position in a corn seed raw material. On the flip side, defense stocks saw strong demand amid rising tensions, with Rheinmetall up over 4% leading gains, followed by Hensoldt (6.8%) and Renk (3.6%). Rheinmetall was further lifted by reports of a €1 billion order for more than 2,000 military transport vehicles. Infineon Technologies (2.1%) and SAP (1.8%) also advanced firmly.
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