DAX Extends Losses
2026-09-10 12:52
By
Luisa Carvalho
1 min. read
Frankfurt's DAX 40 extended early losses to close about 0.8% down at 25,401 on Thursday, a low level last seen in late July.
Traders weighed the ECB’s latest decision, with policymakers raising rates by 25 basis points as expected and warning of persistent upside inflation risks linked to the Middle East conflict.
The institution expects inflation to stay above 2% for an extended period, strengthening bets on further tightening, while surging oil prices added to concerns over renewed price pressures.
Consumer cyclicals, software and technology stocks, and industrials faced the heaviest losses.
Hochtief led losses, sliding over 6%, followed by Vonovia (-3%), Zalando (-2.9%), Siemens Energy (-2.8%), Adidas (-2.7%), Infineon Technologies (-2.3%) and Siemens (-2.3%).
SAP dropped 2.9% ahead of the quarterly earnings reports from the two IT and software giants, Oracle and Adobe.
On the upside, Deutsche Borse (2.2%), Continental (1.6%) and Hannover Ruck (1.6%) advanced firmly.