DAX Rises for 5th Day

2026-06-17 16:26 By Luisa Carvalho 1 min. read

The DAX 40 ended marginally higher at 24,932 on Wednesday after a volatile session, its highest in nearly two weeks and marking a fifth straight gain.

Market sentiment remained supported by optimism over a US-Iran interim peace deal, despite renewed threats from President Donald Trump toward Iran.

Meanwhile, traders turned more cautious ahead of the Fed's policy announcement.

While the US central bank is widely expected to hold rates steady, remarks from new Fed Chair Kevin Warsh will be closely scrutinized for clues on the policy outlook.

Banks were the standout performers, with Commerzbank and Deutsche Bank surging 4.9% and 2.3%, respectively.

Other top gainers included Bayer, Heidelberg Materials, Siemens Energy, Zalando and Rheinmetall, which rose between 2.2% and 4.4%.

On the other hand, the profit warning from BMW weighed on the entire automotive sector.



News Stream
DAX Rises for 5th Day
The DAX 40 ended marginally higher at 24,932 on Wednesday after a volatile session, its highest in nearly two weeks and marking a fifth straight gain. Market sentiment remained supported by optimism over a US-Iran interim peace deal, despite renewed threats from President Donald Trump toward Iran. Meanwhile, traders turned more cautious ahead of the Fed's policy announcement. While the US central bank is widely expected to hold rates steady, remarks from new Fed Chair Kevin Warsh will be closely scrutinized for clues on the policy outlook. Banks were the standout performers, with Commerzbank and Deutsche Bank surging 4.9% and 2.3%, respectively. Other top gainers included Bayer, Heidelberg Materials, Siemens Energy, Zalando and Rheinmetall, which rose between 2.2% and 4.4%. On the other hand, the profit warning from BMW weighed on the entire automotive sector.
2026-06-17
The DAX Index Closes 0.10% Higher
The DAX Index gained 24 points or 0.10 percent on Wednesday to close at 24935 points. Gains were led by Commerzbank (5.18%), Bayer (4.80%) and HeidelbergCement (4.06%). Biggest losers were BMW (-8.34%), Mercedes-Benz AG (-4.48%) and Volkswagen (-3.68%).
2026-06-17
DAX Underperforms Peers
The DAX 40 drifted lower to around 24,800 on Wednesday, ending a four-day winning streak amid weakness in heavyweight autos following BMW's profit warning. BMW shares plunged nearly 7% after it said on Tuesday it had cut its 2026 targets, citing the Middle East conflict and weakness in the Chinese market, and signalling a possible cost-saving plan. Mercedes-Benz Group, Volkswagen, and Porsche Automobil followed closely, falling between 1.8%-3%. On the upside, Zalando led gains, rising 2.3%, while Commerzbank and Symrise each advanced 1.3%. Meanwhile, caution prevailed ahead of the Federal Reserve’s policy announcement and the formal signing of an interim US-Iran peace agreement. While the US central bank is widely expected to hold rates steady, remarks from new Fed Chair Kevin Warsh will be closely scrutinized for clues on the policy outlook.
2026-06-17