DAX Falls on Friday
2026-11-13 08:58
By
Luisa Carvalho
1 min. read
Frankfurt's DAX 40 edged down 0.3% to trade below 26,700 on Friday, as profit booking emerged after a four-day rally that sent the index to record highs.
Meanwhile, market sentiment remained cautious amid rising oil prices and bond yields, which fuelled inflation concerns and expectations of tighter monetary policy, offsetting optimism over strong corporate earnings.
Attention also remained focused on Nvidia, as investors assessed the potential implications of CEO Jensen Huang's reported resignation for the broader technology sector.
Siemens (-2.2%) led losses among stocks, followed by Infineon Technologies (-1.8%) and MTU Aero Engines (-1.7%).
Mercedes-Benz Group was slighlty lower after announcing on Thursday that it would halt all new investment at its German facilities for the time being, while also considering potential plant closures.
On the upside, E.ON (1.4%), Symrise (1.2%), Brenntag (1.1%), Hannover Re (1%) and Munchener Re (1%) advanced the most.