DAX Extends Gains
2026-06-30 12:31
By
Luisa Carvalho
1 min. read
The DAX 40 extended initial gains on Tuesday, rising 1.4% toward 24,965, after a two-day losing streak, supported by strength in technology stocks and encouraging domestic economic data.
Preliminary data showed Germany’s inflation eased to 2.3% in June 2026, down from 2.6% in May and slightly below market expectations of 2.6%.
Separately, retail sales unexpectedly rebounded in May.
Meanwhile, the anticipated US-Iran talks in Doha and central bank speeches at the ECB Forum in Sintra were also in focus.
Siemens Energy emerged as the top gainer, up 5.3%, after the energy technology group struck an optimistic tone about orders during its third-quarter pre-closing conference call on Monday.
Siemens followed with a 4.3% advance.
Chipmaker Infineon Technologies also added 3.6%.
For the quarter, the DAX gained around 10%, but has lost approximately 0.6% for the month.