DAX 40 Rises to 2-Week High

2026-07-22 15:56 By Agna Gabriel 1 min. read

Frankfurt's DAX 40 gained 0.7% to nearly 25,200 on Wednesday, its highest level in two weeks, as strong corporate earnings and upbeat guidance outweighed concerns over higher oil prices and the inflationary risks linked to escalating tensions in the Middle East.

Airbus surged 6.9% after the aircraft manufacturer unveiled ambitious profit targets through 2029, citing sustained demand for commercial jets, while also announcing an earlier-than-expected share buyback program.

The optimistic outlook also supported MTU Aero Engines, which rose more than 1%.

Elsewhere, Gea jumped over 5% after the industrial equipment maker upgraded its full-year guidance on the back of stronger-than-expected quarterly results.

Investors also looked ahead to Thursday's European Central Bank policy meeting, where officials are widely expected to leave interest rates unchanged following June's increase.



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2026-07-22
DAX 40 Rises to 2-Week High
Frankfurt's DAX 40 gained 0.7% to nearly 25,200 on Wednesday, its highest level in two weeks, as strong corporate earnings and upbeat guidance outweighed concerns over higher oil prices and the inflationary risks linked to escalating tensions in the Middle East. Airbus surged 6.9% after the aircraft manufacturer unveiled ambitious profit targets through 2029, citing sustained demand for commercial jets, while also announcing an earlier-than-expected share buyback program. The optimistic outlook also supported MTU Aero Engines, which rose more than 1%. Elsewhere, Gea jumped over 5% after the industrial equipment maker upgraded its full-year guidance on the back of stronger-than-expected quarterly results. Investors also looked ahead to Thursday's European Central Bank policy meeting, where officials are widely expected to leave interest rates unchanged following June's increase.
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