DAX Cuts Losses

2026-07-15 13:12 By Luisa Carvalho 1 min. read

The DAX 40 pared initial losses to close about 0.6% down around 25,000 on Wednesday, as investors assessed corporate earnings alongside escalating tensions in the Middle East.

Oil prices remained elevated following renewed US strikes against Iran and the reimposition of a blockade on its ports.

Meanwhile, President Trump issued a fresh ultimatum to Iran, warning that Washington would expand its military strikes to the country's critical infrastructure unless Tehran reaches an agreement by next week.

Most sectors witnessed selling pressure, particularly technology and chemical companies.

The positive spillover from ASML Holding's strong results was limited.

While LPKF gained 0.6%, shares of Infineon Technologies (-6.6%) and Siltronic (-5.5%) declined sharply.

BASF fell 2.9% despite reporting strong preliminary results, as its unchanged free cash flow guidance disappointed investors and raised concerns about profitability.

On the other hand, automotive stocks saw increased buying.



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DAX Cuts Losses
The DAX 40 pared initial losses to close about 0.6% down around 25,000 on Wednesday, as investors assessed corporate earnings alongside escalating tensions in the Middle East. Oil prices remained elevated following renewed US strikes against Iran and the reimposition of a blockade on its ports. Meanwhile, President Trump issued a fresh ultimatum to Iran, warning that Washington would expand its military strikes to the country's critical infrastructure unless Tehran reaches an agreement by next week. Most sectors witnessed selling pressure, particularly technology and chemical companies. The positive spillover from ASML Holding's strong results was limited. While LPKF gained 0.6%, shares of Infineon Technologies (-6.6%) and Siltronic (-5.5%) declined sharply. BASF fell 2.9% despite reporting strong preliminary results, as its unchanged free cash flow guidance disappointed investors and raised concerns about profitability. On the other hand, automotive stocks saw increased buying.
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