The DAX Index Opens 0.53% Higher

The DAX 40 rose 0.5% to cross the 25,000 mark on Thursday, recovering part of the steep losses recorded in the previous session, supported by a rebound in tech stocks amid renewed optimism over artificial intelligence. Sentiment was lifted by reports that SK Hynix's planned US ADR offering was more than seven times oversubscribed and by news that China plans to allow its leading AI companies to purchase a limited number of Nvidia H200 chips. Meanwhile, markets continued to monitor developments in the Middle East after fresh cross-border attacks overnight. Although oil prices retreated modestly, investors remained concerned that any escalation could reignite inflationary pressures. Infineon Technologies outperformed with a 3.1% gain, with AI infrastructure stocks such as Siemens, Siemens Energy an Hochtief also advancing solidly. Industrials, pharma & healthcare and banks moved higher as well. On the downside, Deutshe Telekom (-1.6%) and Rheinmetall (-1.2%) lagged.

The DAX Index is up by 132 points or 0.53 percent on Thursday. Top gainers are Infineon (2.89%), Siemens (2.22%) and Bayer (2.18%). Biggest losses came from Deutsche Telekom (-1.84%), Rheinmetall (-1.45%) and Beiersdorf (-0.99%).

The DAX Index dropped 568 points or 2.23 percent on Wednesday to close at 24897 points. Losses were led by Vonovia (-6.03%), HeidelbergCement (-5.02%) and Deutsche Bank (-5.00%).