The DAX 40 traded sideways on Thursday, hovering around 25,275, as investors digested German economic data, corporate news, and geopolitical updates. Uncertainty surrounding potential US military action against Iran and European commitment to Greenland’s defense contributed to market caution. Performance across sectors was mixed, with some notable gains and losses among individual stocks.
- The DAX 40 was flat to lower around 25,275.
- German economy grew 0.2% in 2025, a recovery after contractions in 2024 and 2023.
- President Trump softened his stance on Iran.
- European leaders reaffirmed their commitment to defending Greenland.
- Fresenius SE & Co and Deutsche Telekom were among the top losers.
- RWE, Siemens Energy, and E.ON were among the top performers.
- Adidas and Zalando gained following a positive sales report from Richemont.
Mixed market signals create an uncertain outlook for the asset. A slightly recovering German economy offers underlying support, however geopolitical tensions and varied stock performances contribute to market volatility. Positive signals from certain retailers may indicate increased consumer spending or improved sentiment within that sector.