DAX Extends Losses

2026-09-10 12:52 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 extended early losses, falling 0.7% to around 25,400 on Thursday afternoon, a level last seen in late July.

Traders digested the ECB’s latest decision, with policymakers raising rates by 25 basis points as expected and warning of continued upside risks to inflation stemming from the Middle East conflict.

The move fueled expectations of further tightening.

In the meantime, oil prices surged to fresh highs, as escalating US-Iran hostilities stoked fears of a prolonged conflict.

Consumer cyclicals, software and technology stocks, and industrials faced the heaviest losses.

Hochtief led losses among stocks, dropping 5.1%, with Adidas, Zalando and Siemens Energy also posting steep declines.

SAP slipped 2.7%, as traders were cautious ahead of the quarterly earnings reports from the two IT and software giants, Oracle and Adobe.

On the gainers side, shares of Deutsche Borse (1.9%), Hannover Ruck (1.8%) and Munchener Ruck (1.5%) stood out.



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DAX Extends Losses
Frankfurt's DAX 40 extended early losses, falling 0.7% to around 25,400 on Thursday afternoon, a level last seen in late July. Traders digested the ECB’s latest decision, with policymakers raising rates by 25 basis points as expected and warning of continued upside risks to inflation stemming from the Middle East conflict. The move fueled expectations of further tightening. In the meantime, oil prices surged to fresh highs, as escalating US-Iran hostilities stoked fears of a prolonged conflict. Consumer cyclicals, software and technology stocks, and industrials faced the heaviest losses. Hochtief led losses among stocks, dropping 5.1%, with Adidas, Zalando and Siemens Energy also posting steep declines. SAP slipped 2.7%, as traders were cautious ahead of the quarterly earnings reports from the two IT and software giants, Oracle and Adobe. On the gainers side, shares of Deutsche Borse (1.9%), Hannover Ruck (1.8%) and Munchener Ruck (1.5%) stood out.
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