The DAX Index Closes 0.77% Higher

The DAX Index went up by 201 points or 0.77 percent on Tuesday to close at 26202 points. The rise was led by Infineon (3.74%), Airbus (2.93%) and Bayer (2.40%). On the downside, the weakerst performers were Zalando (-12.81%), Fresenius Medical Care (-7.58%) and Adidas (-2.52%).

The DAX 40 finished about 0.8% higher at 26,223 on Tuesday, a fresh record high, extending gains for a fourth consecutive session, mainly buoyed by tech and AI-related stocks. Market sentiment remained underpinned by an upbeat earnings season, while optimism resurfaced over a potential agreement to end the conflict in the Middle East. Oil prices reversed their early advance and fell after US Treasury Secretary Scott Bessent indicated that an agreement with Iran to reopen the Strait of Hormuz could be reached as early as Tuesday or Wednesday. Among key movers, Infineon Technologies outperformed, rising more than 4%. Merck rose 2.7% after reporting second-quarter 2026 revenue and profit above market expectations and raising its full-year outlook. Bayer added 2.4% after reporting stronger-than-expected Q2 earnings while also lowering its 2026 net debt forecast. On the downside, Zalando plunged 13% after disappointing results and narrowing its full-year guidance.

The DAX 40 extended its run of gains into a fourth consecutive session on Tuesday, rising 0.8% to fresh record highs above 26,200. The ongoing earnings season remained in focus, while investors also tracked developments in the Middle East and weighed mixed signals from Washington and Tehran over prospects for peace negotiations. Among the top gainers, Bayer climbed more than 4% after beating second-quarter estimates and reaffirming its 2026 sales outlook. Tech and AI-related stocks also advanced firmly, with Infineon Technologies, Siemens Energy, and Hochtief rising between 1.5% and 3.5%. On the downside, Zalando tumbled more than 17% after lowering its full-year sales outlook to the bottom end of its previous guidance, despite posting better-than-expected second-quarter net income, aided by the integration of ABOUT YOU. Lufthansa lost 4% after missing profit expectations and cutting its outlook, while Hugo Boss fell after reporting sharp declines in sales and EBIT.