The benchmark DAX reaching its highest point in approximately three months. The benchmark DAX experienced an increase of 100.25 points, reflecting a rise of 0.41%, reaching a level of 24,489.15. The index reached a peak of 25,514.15. This increase is driven by a rise in industrial stocks as investors respond to the European Union’s newly implemented trade measures and the European Commission’s initiatives aimed at decreasing steel imports into the bloc.

Subpar economic indicators from Germany, coupled with ambiguity surrounding the political landscape in France, constrain the market’s potential for growth. Siemens Energy, Rheinmetall, Adidas, and Zalando are experiencing increases ranging from 1.8% to 2.7%. Symrise, SAP, MTU Aero Engines, Deutsche Bank, Fresenius, and RWE are experiencing notable increases in value. BMW has experienced a decline exceeding 9% following the German luxury carmaker’s revision of its profit forecast, attributing this adjustment to U.S. tariffs and disappointing growth figures in the Chinese market.

Mercedes-Benz, Daimler Truck Holding, and Volkswagen have experienced declines of 3.6%, 2.6%, and 2.2%, respectively. Porsche Automobil Holding has experienced a decline of 1.7%. Infineon Technologies, Brenntag, Bayer, Merck, and BASF are experiencing a notable decline. Data indicated that Germany’s industrial output experienced a decline of 4.3% year-on-year in August, contrasting with the 1.3% increase recorded in July. Output was anticipated to decline by 1%. The output of capital goods decreased by 9.6%, while the production of consumer goods declined by 4.7%. Nonetheless, the output of intermediate goods experienced a slight decline of 0.2%.

Data indicated a decline in energy production by 0.5%, whereas construction output experienced an increase of 0.6% in August. When excluding energy and construction, industrial production experienced a decline of 5.6% from July and a decrease of 5.1% compared to the previous year. Year-over-year, industrial production experienced a contraction of 3.9%, marking a reversal from the 1.5% increase observed in July. DAX increased by 0.4% In light of subpar economic indicators