The DAX Index Opens 0.38% Higher

The DAX Index gained 142 points or 0.54 percent on Tuesday to close at 26409 points. Gains were led by Henkel (3.70%), Zalando (3.28%) and Daimler Truck Holding AG (2.80%). Biggest losers were Siemens Energy (-3.77%), Porsche Automobil (-3.60%) and Volkswagen (-2.45%).

Frankfurt's DAX 40 trimmed earlier gains on Tuesday, closing 0.3% higher at 26,390 after reaching a fresh intraday record of 26,634. Concerns over interest rates offset relief from lower oil prices.Traders weighed hotter-than-expected US inflation data and hawkish remarks from Fed Governor Christopher Waller, which raised expectations for a potential hike in December. Meanwhile, ECB Chief Economist Philip Lane indicated that another rate increase in December may be necessary. Sector-wise, banking, technology and insurance stocks advanced the most, although weakness in autos, telecoms and software limited gains. Among single stocks, Henkel surged over 4%, as the company lifted its 2026 outlook after strong Q3 growth. Other top performers included Zalando, Daimler Truck, Hannover Re, Munchener Re and Deutsche Bank. Infineon Technologies added 0.9% after reporting record Q4 and full-year 2026 results and issuing an upbeat revenue outlook for the coming year.

Frankfurt's DAX 40 rose over 1% to around 25,550 on Tuesday, nearing record levels seen in August and extending previous session's advance. Investor sentiment strengthened further, underpinned by the ongoing recovery in global technology stocks following last week’s selloff and the continued decline in oil prices. Attention nevertheless remained centred on the corporate earnings season. Most sectors traded higher, led by tech, banks and industrials. Among single stocks, Infineon Technologies surged as much as 7% after reporting record results for the fourth quarter and full fiscal year 2026, while also issuing an ambitious revenue forecast for the coming year. Other notable performers included Rheinmetall, MTU Aero Engines, Continental, Daimler Truck and Siemens Energy, with gains ranging between 2%-4.5%. Deutsche Bank and Commerzbank added around 2% each. Lufthansa advanced 1.7%, benefiting from lower oil prices.