DAX Finishes on Higher Note

2026-11-09 16:57 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 advanced 1.7% to close at 26,266 on Monday, recovering from the previous week’s losses amid renewed optimism over developments in the Middle East and a rebound in technology shares.

Sentiment was supported by lower oil prices and easing concerns about further military escalation, after President Donald Trump said additional strikes against Iran were “very unlikely” if negotiations progressed.

Tech stocks, industrials and banks were the top performers.

Infineon Technologies surged 6.3% and AI-related Siemens Energy advanced 5.1%.

Rheinmetall surged 4.2% after last week's sharp losses following another profit warning.

Commerzbank advanced 3% after UniCredit raised its profit target ahead of its planned takeover of the German lender.On the flip side, Siemens Healthineers (-3.4%) and Fresenius Medical Care (-3%) lagged.

Hannover Re fell 1%, after maintaining its 2026 profit target, even after exceeding Q3 expectations.



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Frankfurt's DAX 40 advanced 1.7% to close at 26,266 on Monday, recovering from the previous week’s losses amid renewed optimism over developments in the Middle East and a rebound in technology shares. Sentiment was supported by lower oil prices and easing concerns about further military escalation, after President Donald Trump said additional strikes against Iran were “very unlikely” if negotiations progressed. Tech stocks, industrials and banks were the top performers. Infineon Technologies surged 6.3% and AI-related Siemens Energy advanced 5.1%. Rheinmetall surged 4.2% after last week's sharp losses following another profit warning. Commerzbank advanced 3% after UniCredit raised its profit target ahead of its planned takeover of the German lender.On the flip side, Siemens Healthineers (-3.4%) and Fresenius Medical Care (-3%) lagged. Hannover Re fell 1%, after maintaining its 2026 profit target, even after exceeding Q3 expectations.
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