The DAX Index Closes 0.09% Higher

The DAX Index gained 23 points or 0.09 percent on Monday to close at 25254 points. Gains were led by Rheinmetall (2.20%), Fresenius Medical Care (1.77%) and Volkswagen (1.39%). Biggest losers were Bayer (-2.18%), Infineon (-1.81%) and Hochtief (-1.77%).

Frankfurt’s DAX 40 closed marginally up at 25,254 on Monday, as signs of growing political instability in Europe kept investors cautious, despite relief from lower oil prices. Early today, Spain’s prime minister called an early election after Parliament rejected his government’s housing emergency measures on Friday. This development added to concerns over French fiscal policy and the country’s high level of public debt. Meanwhile, geopolitical risks remain elevated. Among key movers, shares of the defense companies Rheinmetall and Hensoldt climbed by 2.5% and 4.3%, respectively, after Chancellor Friedrich Merz announced a new aid package for Ukraine during a surprise visit to Kyiv. Other top gainers included Fresenius Medical Care, GEA Group, Volkswagen, Brenntag, Mercedes-Benz Group, Deutsche Telekom and Continental, each rising more than 1%. On the flip side, Bayer (-2.5%), Heidelberg Materials (-1.8%) and Infineon Technologies (-1.7%) posted the biggest losses.

Frankfurt’s DAX 40 moved marginally into negative territory around 25,200 on Monday after a positive start, pressured by elevated bond yields amid growing political instability in Europe. Sentiment was weighed by Prime Minister Pedro Sánchez’s decision to call snap elections on 29 November after Congress rejected two housing decrees proposed by his government. The move added to concerns about France’s rising debt and political risks ahead of next year’s election. Meanwhile, oil prices declined as signs of increased global supply overshadowed ongoing geopolitical risks in the Middle East. Siemens Healthineers, Infineon Technologies, Qiagen and Hochtief were the biggest laggards, each falling more than 1%. On the upside, Continental outperformed, rising 1.8% after Morgan Stanley upgraded the stock to “Overweight.”