DAX Closes Flat

2026-08-10 16:20 By Larissa Caser 1 min. read

The DAX 40 closed broadly flat at 26,320 on Monday, remaining at record levels, as gains in financial and selected industrial stocks offset losses in telecommunications and consumer shares.

QIAGEN jumped 5.1% after Deutsche Bank reiterated its “Buy” recommendation, while Infineon gained 2.3% after launching a limited-term share buyback programme.

Siemens Energy advanced 1.5%, tracking US power generators with high exposure to power-hungry AI infrastructure.

Financials mostly outperformed, with Allianz rising 1.1% after announcing plans to reduce supplier coverage by up to 70% for Vistry.

On the downside, Deutsche Telekom led the declines, falling 3.2% after reports that its US affiliate, T-Mobile US, had cut more than 4,500 jobs in the first half of the year.

Beiersdorf and Brenntag each lost 2.2%, while Bayer fell 1.3% and Hannover Re slipped 0.3%.



News Stream
DAX Closes Flat
The DAX 40 closed broadly flat at 26,320 on Monday, remaining at record levels, as gains in financial and selected industrial stocks offset losses in telecommunications and consumer shares. QIAGEN jumped 5.1% after Deutsche Bank reiterated its “Buy” recommendation, while Infineon gained 2.3% after launching a limited-term share buyback programme. Siemens Energy advanced 1.5%, tracking US power generators with high exposure to power-hungry AI infrastructure. Financials mostly outperformed, with Allianz rising 1.1% after announcing plans to reduce supplier coverage by up to 70% for Vistry. On the downside, Deutsche Telekom led the declines, falling 3.2% after reports that its US affiliate, T-Mobile US, had cut more than 4,500 jobs in the first half of the year. Beiersdorf and Brenntag each lost 2.2%, while Bayer fell 1.3% and Hannover Re slipped 0.3%.
2026-08-10
The DAX Index Closes 0.02% Higher
The DAX Index rose 4 points or 0.02 percent on Monday to close at 26324 points. Leading the gains are Qiagen NV (5.07%), Adidas (2.01%) and Scout24 (1.75%). Top losers were Deutsche Telekom (-3.24%), Beiersdorf (-2.22%) and Brenntag (-1.34%).
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DAX Rises to Fresh High
The DAX 40 edged up 0.2% to around 26,360 in early trading on Monday, extending the previous week’s gains and reaching a fresh all-time high. Still, investors remained on edge amid ongoing uncertainty over the reopening of the Strait of Hormuz. Iran and Oman remained short of a final agreement, with Tehran demanding major concessions for the full reopening of the critical waterway. Siemens Energy rose 2.5%, while Infineon gained 3.0%, supported by continued strength in the technology and industrial sectors. Allianz advanced 1.4%, Merck gained 1.2%, and Qiagen NV climbed 2.6%. On the other hand, sharp losses were seen in Porsche Automobil (-2.5%), Siemens Healthineers (-1.3%), and Brenntag (-1.5%).
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