DAX Climbs to Fresh Record

2026-08-11 16:26 By Larissa Caser 1 min. read

The DAX rose 0.3% to a record of 26,385 on Tuesday as gains for utilities offset losses elsewhere.

Siemens Energy led the advance, rising 3.2% after reports that the company booked the most gas-turbine orders in the second quarter.

The company continued to trade in tandem with AI infrastructure companies amid the development of power-hungry data centers.

Likewise, data center projects were due to boost RWE (1.7%) and E.ON (0.9%) ahead of their earnings this week.

Auto stocks also outperformed following data showing US auto loans at record levels.

BMW rose 1.2% and Volkswagen gained 0.1%, while Daimler Truck Holdings fell 1.9% as rising Middle East tensions pushed fuel prices higher and concerns over the shift toward electric vehicles weighed on sentiment.

Adidas dropped 3% after On Holding missed estimates for second-quarter net sales, highlighting a tougher macroeconomic environment.

Zalando fell 2.6%.



News Stream
DAX Climbs to Fresh Record
The DAX rose 0.3% to a record of 26,385 on Tuesday as gains for utilities offset losses elsewhere. Siemens Energy led the advance, rising 3.2% after reports that the company booked the most gas-turbine orders in the second quarter. The company continued to trade in tandem with AI infrastructure companies amid the development of power-hungry data centers. Likewise, data center projects were due to boost RWE (1.7%) and E.ON (0.9%) ahead of their earnings this week. Auto stocks also outperformed following data showing US auto loans at record levels. BMW rose 1.2% and Volkswagen gained 0.1%, while Daimler Truck Holdings fell 1.9% as rising Middle East tensions pushed fuel prices higher and concerns over the shift toward electric vehicles weighed on sentiment. Adidas dropped 3% after On Holding missed estimates for second-quarter net sales, highlighting a tougher macroeconomic environment. Zalando fell 2.6%.
2026-08-11
The DAX Index Closes 0.26% Higher
The DAX Index went up by 68 points or 0.26 percent on Tuesday to close at 26391 points. The rise was led by Siemens Energy (2.56%), Deutsche Telekom (1.64%) and RWE (1.52%). On the downside, the weakerst performers were Qiagen NV (-3.38%), Adidas (-3.08%) and Zalando (-2.82%).
2026-08-11
DAX Edges Lower
The DAX 40 edged 0.2% lower to below 26,300 on Tuesday morning, retreating slightly from a record high as caution prevailed amid persistent uncertainty over the situation in the Strait of Hormuz. President Donald Trump on Monday responded to Iran’s conditions for a peace deal with demands that Tehran compensate for people killed in wars, attacks and protests, adding to tensions and complicating diplomatic efforts to reopen the crucial waterway. Losses were led by Siemens (-0.5%), Allianz (-0.5%), Airbus (-1.4%), Daimler Truck Holding (-1.4%) and Qiagen (-0.8%). The declines were partly offset by gains in Deutsche Telekom (+0.8%), Siemens Energy (+0.8%), Infineon (+0.5%) and RWE (+0.9%).
2026-08-11