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.



News Stream
DAX Extends Gains
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.
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The DAX 40 climbed 0.9% to surpass 24,800 on Tuesday, attempting a recovery after a two-day losing streak, led by gains in chipmakers. Infineon Technologies advanced 2.6%. Siemens Energy gained ground, surging 5.1%, after the German energy technology group struck an optimistic tone about orders during its third-quarter pre-closing conference call on Monday. Siemens (3%) and Hochtief (1.8%) also advanced firmly. Meanwhile, investors turned their attention to a batch of economic data, particularly German inflation data. The anticipated US-Iran talks in Doha and central bank speeches at the ECB Forum in Sintra were also in focus. For the quarter, the DAX gained around 9.5%, but has lost approximately 1.1% for the month.
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