DAX Scales Fresh Record High

2026-11-11 15:42 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 regained ground to close about 1.2% up at 26,642 on Wednesday, setting a new record high and extending gains for the third day.

Renewed enthusiasm for technology and AI-related stocks offset rising oil prices and concerns about interest rates.

Meanwhile, the earnings season remained in focus.

Tech stocks such as Infineon Technologies (+6.7%) provided the main boost, on the back of an upbeat outlook from CoreWeave and anticipation ahead of Anthropic's IPO.

Siemens Energy surged over 10%, making it the top performer, after reporting record quarterly revenue, raising growth ambitions and expanding its share buyback programme.

RWE added 2.2% as it posted adjusted core earnings for the first nine months of the year that beat expectations, while also confirming full-year guidance.

Among losers, Rheinmetall slipped 6.5%, while Brenntag dropped 3.8% as cost pressures and a slight profitability miss overshadowed broadly positive results.



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Frankfurt's DAX 40 regained ground to close about 1.2% up at 26,642 on Wednesday, setting a new record high and extending gains for the third day. Renewed enthusiasm for technology and AI-related stocks offset rising oil prices and concerns about interest rates. Meanwhile, the earnings season remained in focus. Tech stocks such as Infineon Technologies (+6.7%) provided the main boost, on the back of an upbeat outlook from CoreWeave and anticipation ahead of Anthropic's IPO. Siemens Energy surged over 10%, making it the top performer, after reporting record quarterly revenue, raising growth ambitions and expanding its share buyback programme. RWE added 2.2% as it posted adjusted core earnings for the first nine months of the year that beat expectations, while also confirming full-year guidance. Among losers, Rheinmetall slipped 6.5%, while Brenntag dropped 3.8% as cost pressures and a slight profitability miss overshadowed broadly positive results.
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