The DAX 40 experienced a positive surge, climbing approximately 1% to surpass the 25,100 level, achieving its highest point since mid-January and interrupting a two-day decline. Market participants were actively following the release of new corporate earnings reports and continued to analyze the recent US jobs report. Individual stock performances contributed significantly to the overall market movement.
- The DAX 40 rose about 1% to cross the 25,100 mark, the highest since mid-January.
- Siemens shares surged 6% to a record high after exceeding first-quarter profit estimates and increasing its 2026 EPS guidance by around 2%.
- Deutsche Börse increased by 1.5% following its announcement to acquire General Atlantic’s remaining 20% stake in index provider ISS STOXX for €1.1 billion.
- Mercedes-Benz shares declined over 4% after reporting a sharp decline in annual profits.
- Thyssenkrupp shares plunged up to 3.1% after posting a first quarter net loss of €334 million.
The positive momentum in the index is bolstered by strong performances of key companies, particularly those exceeding earnings expectations or making strategic acquisitions. However, the market’s sensitivity to individual company results is evident, with significant declines in share prices for those reporting weaker performance. This interplay between positive and negative individual results has a direct impact on the overall performance of the asset.