DAX Hits New Peak

2026-11-12 08:37 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 rose over 1% to surpass 26,900 on Thursday, setting a fresh record high and extending gains for the fourth straight session.

Strong corporate earnings and falling oil prices supported sentiment, offsetting renewed tech-sector concerns.

Nvidia was at the centre of the turmoil, after reports emerged that the company's board was considering Jensen Huang's removal as CEO following allegations of a second affair with an executive at his company.

Industrials and insurers were among the strongest performers.

Siemens climbed 4.5%, topping the index, after beating fourth-quarter expectations on record order intake and raising its medium-term targets.

Merck gained around 3% after lifting its full-year guidance for the third time this year.

Allianz rose 2.2% after raising the upper end of its 2026 operating profit outlook, while Munich Re advanced 1.5% on better-than-expected third-quarter results.

Infineon Technologies was the biggest laggard, dropping nearly 2%.



News Stream
DAX Hits New Peak
Frankfurt's DAX 40 rose over 1% to surpass 26,900 on Thursday, setting a fresh record high and extending gains for the fourth straight session. Strong corporate earnings and falling oil prices supported sentiment, offsetting renewed tech-sector concerns. Nvidia was at the centre of the turmoil, after reports emerged that the company's board was considering Jensen Huang's removal as CEO following allegations of a second affair with an executive at his company. Industrials and insurers were among the strongest performers. Siemens climbed 4.5%, topping the index, after beating fourth-quarter expectations on record order intake and raising its medium-term targets. Merck gained around 3% after lifting its full-year guidance for the third time this year. Allianz rose 2.2% after raising the upper end of its 2026 operating profit outlook, while Munich Re advanced 1.5% on better-than-expected third-quarter results. Infineon Technologies was the biggest laggard, dropping nearly 2%.
2026-11-12
The DAX Index Opens 1.16% Higher
The DAX Index is picking up 309 points or 1.16 percent on Thursday. Gains are led by Siemens (4.68%), Zalando (3.66%) and Merck (2.51%).
2026-11-12
The DAX Index Closes 1.06% Higher
The DAX Index rose 279 points or 1.06 percent on Wednesday to close at 26626 points. Leading the gains are Siemens Energy (10.60%), Infineon (6.48%) and RWE (2.20%).
2026-11-11