The DAX Index Closes 0.63% Higher

The DAX 40 finished about 0.6% up at 26,003 on Thursday, halting a three-day losing streak, mainly supported by gains in autos, software and financials. Falling global bond yields supported market sentiment, while ongoing geopolitical uncertainty kept oil prices elevated. Among key movers, Volkswagen climbed 3.3% to the top of the index following media reports that the automaker could sell or reduce stakes in around 750 subsidiaries and investments. SAP shares rose 2.5%, benefiting from Snowflake’s stronger revenue outlook. Deutche Telekom added 1.1%, following reports that Elliott investment built up a larger stake in an attempt to prevent a multi-billion dollar merger with T-Mobile US. Other top performers included Hochtief (3.3%), Vonovia (2.6%), Commerzbank (2.3%) and Siemens Energy (2.2%). On the flip side, Rheinmetall (-2%), Fresenius Medical Care (-1.9%) and Qiagen NV (-1.8%) posted the biggest declines.

The DAX Index rose 164 points or 0.63 percent on Thursday to close at 26003 points. Leading the gains are Volkswagen (3.38%), Porsche Automobil (2.68%) and Vonovia (2.46%). Top losers were Rheinmetall (-2.07%), Fresenius Medical Care (-1.93%) and Qiagen NV (-1.85%).

The DAX 40 edged higher to around 25,900 on Thursday, though remaining near one-month lows, reflecting a cautious sentiment across markets. Elevated Middle East hostilities continued to worry investors, though President Trump’s remarks that the conflict would not last “too long” provided some reassurance. Oil prices and bond yields also stabilised after their sharp rise earlier in the week, helping to support broader sentiment. Telecommunications, software and chemical stocks led sectoral gains, while industrials, travel-related stocks and autos came under pressure. Deutche Telekom was among the top performers, rising 1.4%, following reports that Elliott investment built up a larger stake in an attempt to prevent a multi-billion dollar merger with T-Mobile US. SAP, Siemens Energy and Heidelberg Materials also advanced firmly, each adding over 1%, while Rheinmetall (-1.9%) and Airbus (-1.7%) lagged.