The DAX Index Closes 0.06% Lower

The DAX Index decreased 273 points or 1.07 percent on Thursday to close at 25372 points. The decline was led by Siemens Energy (-8.56%), Infineon (-5.84%) and Siemens (-4.05%).

Frankfurt's DAX 40 closed about 1.1% down at 25,372 on Thursday, pulling back from one-month highs, tracking other European peers. Rising oil prices, geopolitical tensions, concerns over AI infrastructure spending, and uncertainty in France weighed on investor sentiment. Meanwhile, the earnings season continued. Technology, industrial, and banking sectors led the declines, while software and telecom stocks outperformed. German companies benefiting from AI, such as Infineon, Hochtief, Siemens Energy Siemens plunged between 3.9%-7.6%. Other top losers included MTU Aero Engines (-4.3%), Commerzbank (-4.1%), Deutsche Bank (-2.6%), RWE (-2.2%) and Airbus (-2.2%). On the upside, shares of Qiagen NV (+4.9%) stood out, after Swedish investor EQT agreed to acquire the diagnostics firm in a deal valuing it at €10.8 billion, including debt. Software giant SAP gained 3.2%, after posting record quarterly revenue, driven by the cloud segment, prompting the company to raise its full-year outlook.

Frankfurt's DAX 40 fell more than 1% to trade below 25,400 on Thursday, retreating from one-month highs hit in the prior session. The decline mirrored broader weakness across European markets as escalating tensions in the Middle East drove oil prices higher, while mixed earnings from major US technology companies reignited concerns over elevated AI valuations. Meanwhile, investors also closely monitored earnings from European companies. Most sectors came under pressure, led by technology stocks, while losses in banking, industrials and utilities also weighed on the market. Infineon Technologies and Siemens Energy were among the top losers, each falling over 3%. In contrast, SAP shares rose 0.5% after quarterly revenue exceeded €10 billion for the first time, supported by 26% growth in cloud revenue, prompting the company to raise its full-year revenue outlook. Other top decliners included Siemens, Deutsche Bank, Bayer, Commerzbank and MTU Aero Engines, falling between 1.9%-2.5%.