The DAX Index Closes 0.82% Higher

The DAX Index went up by 207 points or 0.82 percent on Friday to close at 25569 points. The rise was led by Infineon (4.78%), Siemens (2.73%) and Deutsche Telekom (2.55%). On the downside, the weakerst performers were Rheinmetall (-3.05%), BASF (-2.83%) and Henkel (-1.71%).

Frankfurt's DAX 40 rose further to close about 0.8% firmer at 25,557 on Friday, halting a two-day decline, helped by falling oil prices and tech strength. However, investors remained concerned about inflation and the prospect of higher rates, amid ongoing geopolitical tensions Latest data showed US inflation remains stubbornly high due to energy price pressures stemming from the Middle East. Traders are increasingly anticipating a 25 bps rate hike next week, similar to the ECB's recent move. Infineon Technologies outperformed, jumping 4.8%, supported by Oracle’s strong AI demand. Siemens Energy and Hochtief followed, rising 2.4% and 1.7%, respectively. Other top performers included Siemens, Deutsche Telekom, Sccout24 and Airbus. Commerzbank rose 1.5% after the German government set conditions for UniCredit’s proposed takeover. On the flip side, BASF (-2.8%), Rheinmetall (-2.5%) and Henkel (-1.9%) emerged as the biggest laggards. For the week, the index posted a 1.9% loss.

Frankfurt's DAX 40 edged up 0.4% to around 25,460 on Friday, after two consecutive sessions of losses, despite ongoing concerns over inflation, the prospect of further rate hikes and geopolitical tensions. A modest decline in oil prices provided some relief for energy-intensive industrials, despite prices remaining elevated. Aerospace & defense stocks, insurers, and tech stocks also advanced solidly, offsetting weakness in software, autos, and chemicals. Siemens Energy led gains among stocks, rising 1.8%, followed by GEA Group, Airbus, Siemens, Munchener Ruck and MTU Aero Engines, each adding over 1%. On the flip side, BASF (-2.2%), SAP (-1.8%) and Brenntag (-1.5%) posted the biggest losses. For the week, however, the index was on track to fall more than 2%, marking its steepest weekly decline since April.