DAX 40 Rises to 3-Week High

2026-07-28 15:56 By Agna Gabriel 1 min. read

Frankfurt’s DAX 40 climbed 0.5% to 25,492 on Tuesday, reaching its highest level since July 6, as investors reacted positively to corporate earnings updates and falling oil prices amid hopes of renewed US-Iran negotiations to ease Middle East tensions.

SAP gained more than 5%, extending recent gains after launching the second stage of its €10 billion share buyback programme and reporting stronger-than-expected second-quarter results.

Deutsche Telekom advanced more than 2%, while Airbus rose over 1.5%.

Mercedes-Benz also increased more than 2% after maintaining its passenger car margin target, despite lowering its revenue forecast following a weaker quarter.

In contrast, Infineon dropped around 6% as AI-related stocks remained under pressure due to concerns over stretched valuations, stronger Chinese competition, and rising investment needs.

Energy stocks also declined as crude prices continued to weaken, with Siemens Energy falling around 7%.



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Frankfurt’s DAX 40 climbed 0.5% to 25,492 on Tuesday, reaching its highest level since July 6, as investors reacted positively to corporate earnings updates and falling oil prices amid hopes of renewed US-Iran negotiations to ease Middle East tensions. SAP gained more than 5%, extending recent gains after launching the second stage of its €10 billion share buyback programme and reporting stronger-than-expected second-quarter results. Deutsche Telekom advanced more than 2%, while Airbus rose over 1.5%. Mercedes-Benz also increased more than 2% after maintaining its passenger car margin target, despite lowering its revenue forecast following a weaker quarter. In contrast, Infineon dropped around 6% as AI-related stocks remained under pressure due to concerns over stretched valuations, stronger Chinese competition, and rising investment needs. Energy stocks also declined as crude prices continued to weaken, with Siemens Energy falling around 7%.
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