The DAX Index Closes 1.35% Lower

Frankfurt's DAX 40 rose 0.3% to cross 25,300 on Tuesday, marking the third session of advances, led by retailers and pharmaceutical shares, while falling oil prices and bond yields offered further support. Meanwhile, investors monitored economic data and fresh corporate earnings across Europe. Germany’s annual inflation rate was confirmed at 3.3% in September, the highest level since December 2023, up from 2.9% in August. Zalando was the top performer, climbing more than 7%, followed by Fresenius SE & Co, Siemens Healthineers, Fresenius Medical Care and Bayer, each rising over 4%. On the downside, tech stocks came under pressure, with chip maker Infineon Technologies plunging 7.2% amid renewed concerns over AI spending and the advances of a Chinese player.

The DAX Index is up by 54 points or 0.21 percent on Tuesday. Top gainers are Symrise (3.15%), Vonovia (1.98%) and Deutsche Telekom (1.72%). Biggest losses came from Infineon (-4.41%), Siemens Energy (-2.36%) and Siemens (-0.53%).

The DAX Index gained 190 points or 0.76 percent on Monday to close at 25278 points. Gains were led by Rheinmetall (2.88%), RWE (2.17%) and Zalando (1.68%). Biggest losers were Infineon (-2.55%), Daimler Truck Holding AG (-0.85%) and Mercedes-Benz AG (-0.82%).