DAX Falls on Friday

2026-06-05 07:52 By Luisa Carvalho 1 min. read

The DAX 40 traded slightly lower at around 24,845 on Friday, reversing the previous session's gains as investor enthusiasm for artificial intelligence (AI) cooled following a disappointing revenue guidance from Broadcom.

Ongoing tensions in the Middle East and stalled US-Iran negotiations further weighed on sentiment.

In the latest developments, Hezbollah rejected a ceasefire in Lebanon, while President Donald Trump reaffirmed a hardline stance toward Iran, heightening geopolitical concerns.

The tech sector saw heavy selling, tracking a global selloff in chip stocks, with Infineon Technologies down more than 5%.

Heavyweight industrials including Siemens (-0.9%) and Siemens Energy (-0.6%) also face pressure, while banks advanced marginally.

On the upside, Scout24 surged nearly 3% to the top of the index.

Symrise, Hannover Ruck, Munchener Ruck, E.ON, Airbus, Beiersdorf also advanced firmly, adding around 1% each.

For the week, the index was set to decline about 1%.



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DAX Falls on Friday
The DAX 40 traded slightly lower at around 24,845 on Friday, reversing the previous session's gains as investor enthusiasm for artificial intelligence (AI) cooled following a disappointing revenue guidance from Broadcom. Ongoing tensions in the Middle East and stalled US-Iran negotiations further weighed on sentiment. In the latest developments, Hezbollah rejected a ceasefire in Lebanon, while President Donald Trump reaffirmed a hardline stance toward Iran, heightening geopolitical concerns. The tech sector saw heavy selling, tracking a global selloff in chip stocks, with Infineon Technologies down more than 5%. Heavyweight industrials including Siemens (-0.9%) and Siemens Energy (-0.6%) also face pressure, while banks advanced marginally. On the upside, Scout24 surged nearly 3% to the top of the index. Symrise, Hannover Ruck, Munchener Ruck, E.ON, Airbus, Beiersdorf also advanced firmly, adding around 1% each. For the week, the index was set to decline about 1%.
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