DAX Rises to Hit Record Highs

2026-11-11 08:35 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 advanced more than 1% to around 26,640 on Wednesday, hitting an all-time high and extending its winning streak into three sessions.

Global market sentiment gained fresh momentum, underpinned by renewed enthusiasm for technology stocks.

CoreWeave’s upbeat business outlook helped counter fears of an AI bubble, while the prospect of Anthropic PBC going public added another layer of excitement.

Meanwhile, oil prices remained close to eleven-week lows, also providing support.

Siemens Energy led gains among stocks, climbing more than 6% after reporting record quarterly revenue, raising its full-year guidance and announcing plans to expand its share buyback programme.

Infineon Technologies (5.7%) and Siemens (1.9%) followed suit.

Other notable performers included Deutsche Bank, Hochtief, GEA Group and Deutsche Posts, each adding more than 1%.

By contrast, Brenntag lagged, dropping 4.4% as cost pressures and a slight profitability miss overshadowed broadly positive results.



News Stream
DAX Rises to Hit Record Highs
Frankfurt's DAX 40 advanced more than 1% to around 26,640 on Wednesday, hitting an all-time high and extending its winning streak into three sessions. Global market sentiment gained fresh momentum, underpinned by renewed enthusiasm for technology stocks. CoreWeave’s upbeat business outlook helped counter fears of an AI bubble, while the prospect of Anthropic PBC going public added another layer of excitement. Meanwhile, oil prices remained close to eleven-week lows, also providing support. Siemens Energy led gains among stocks, climbing more than 6% after reporting record quarterly revenue, raising its full-year guidance and announcing plans to expand its share buyback programme. Infineon Technologies (5.7%) and Siemens (1.9%) followed suit. Other notable performers included Deutsche Bank, Hochtief, GEA Group and Deutsche Posts, each adding more than 1%. By contrast, Brenntag lagged, dropping 4.4% as cost pressures and a slight profitability miss overshadowed broadly positive results.
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