The DAX Index Closes 0.06% Higher

Frankfurt's DAX 40 hovered near the flatline around 24,840 on Tuesday as investors remained cautious amid ongoing uncertainty in the Middle East. While reports suggest mediators are working toward a renewed ceasefire between the US and Iran, US military strikes have continued for a tenth consecutive night. Elevated oil prices have reinforced expectations that the ECB will deliver about two additional rate hikes by December, with the first now fully priced in for September. At this week's ECB meeting, policymakers are widely expected to leave interest rates unchanged as they assess the impact of June's hike. Among stocks, Jungheinrich fell over 4% after Germany's financial watchdog, BaFin, opened an accounting investigation into its first-half 2025 financial statements. Zalando slipped more than 1% after BaFin flagged a disclosure error in its 2025 annual report, though no fine was imposed. Redcare Pharmacy rose 3.6% after Warburg Research highlighted its long-term margin potential.

The DAX Index is losing 8 points. Losses were led by Brenntag (-1.96%), Munich RE (-1.94%) and Siemens Healthineers (-1.70%). Offsetting the fall, top gainers were Infineon (1.95%), Daimler Truck Holding AG (1.28%) and Siemens Energy (1.17%).

The DAX Index rose 16 points or 0.06 percent on Monday to close at 24847 points. Leading the gains are RWE (3.57%), Siemens Energy (3.37%) and Fresenius (3.04%). Top losers were Brenntag (-2.38%), Bayer (-2.37%) and HeidelbergCement (-1.67%).