The DAX Index Closes 0.58% Higher

The DAX Index gained 144 points or 0.58 percent on Wednesday to close at 25155 points. Gains were led by Airbus (7.04%), Gea Group (5.61%) and Infineon (2.83%). Biggest losers were Siemens Energy (-3.68%), SAP (-3.02%) and Bayer (-1.36%).

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.

Frankfurt's DAX 40 rose 0.5% to 25,150 on Wednesday, hovering near a two-week high as upbeat corporate earnings and guidance offset caution over rising oil prices and the inflation risks stemming from escalating tensions in the Middle East. Airbus led the gains, jumping 6% after the world's largest aircraft manufacturer unveiled ambitious profit targets for 2029, citing robust demand for commercial aircraft, and announced a share buyback program earlier than expected. The positive outlook also lifted engine maker MTU Aero Engines, which gained more than 2%. Meanwhile, Gea advanced over 5% after the industrial equipment maker raised its full-year outlook following a stronger-than-expected quarterly performance. Investors also remained focused on Thursday's European Central Bank policy meeting, where policymakers are widely expected to keep interest rates unchanged after raising them in June.