The DAX Index Closes 0.75% Lower

The DAX Index decreased 186 points or 0.75 percent on Friday to close at 24759 points. The decline was led by Infineon (-8.62%), Mercedes-Benz AG (-2.38%) and Qiagen NV (-2.18%). On the upside, the strongest performers were Scout24 (4.16%), Zalando (3.87%) and Beiersdorf (3.61%).

The DAX 40 finished about 0.8% down at 24,774 on Friday, reversing the previous session's gains, as the tech rally cooled and US–Iran talks remained stalled. At the same time, investors positioned ahead of the upcoming ECB decision, with a 25 basis-point rate hike largely anticipated. The tech sector remained under strain, with Infineon Technologies plunging over 9% and SAP down 2.1%, triggered by the disappointing outlook for Broadcom. Further pressure stemmed from Anthropic’s call for a global pause in AI development, citing risks related to self-optimization. Other key laggards included Mercedes-Benz Group, Qiagen NV, Merck and Vonovia, with losses between 1.8%-2.2%. On the upside, Zalando and Beiersdorf emerged as the top performers, rising 3.7% and 3.6%, respectively. For the week, the index declined about 1.3%.

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%.