DAX on Cautious Note

2026-09-22 08:02 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 fell 0.3% to trade below 25,500 on Tuesday, after a strong start to the week the day before, in line with other European peers.

The renewed rise in oil prices and geopolitical risks kept investors cautious, with attention turning to the UN General Assembly for signs of progress in easing Middle East tensions.

US President Donald Trump is due to address the assembly later today and has left open the possibility of meeting Iranian President Masoud Pezeshkian.

Insurers, banks, autos were the hardest hit, while utilities, techs and retailers recorded the strongest gains.

Among stocks, Allianz, Vonovia, Deutsche Bank, BMW and Mercedes-Benz Group saw losses between 1%-2.3%.

On the upside, RWE (1.4%), Scout24 (1.2%) and Adidas (1%) advanced the most.



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