The benchmark index DAX continues to trade in negative territory around noon on Thursday, although it has recovered from the session’s lows. Investors exhibit a prevailing sense of caution as they analyze the most recent set of national economic indicators and corporate earnings reports. The DAX, having slipped to 23,931.02 earlier in the session, recorded a decline of 15.08 points or 0.06% at 24,033.79 shortly after noon. Shares of online fashion marketplace Zalando have surged nearly 9% following robust results, attributed to the acquisition of competitor About You in July 2025. Deutsche Post has experienced a 6.3% increase, attributed to elevated earnings in the third quarter. Profit before income taxes increased to €1.269 billion, up from €1.158 billion in the corresponding quarter of 2024.

Rheinmetall has experienced a 4.3% increase following the announcement that its earnings per share from continuing operations rose to 8.34 euros for the nine-month period ending in September, compared to 7.32 euros per share in the prior year. German automotive parts manufacturer Continental has experienced a slight increase of approximately 0.4%. The company disclosed a net loss for the third quarter amounting to 756 million euros, equating to 3.78 euros per share, in contrast to a net income of 486 million euros, or 2.43 euros per share, recorded in the previous year. Consumer goods and adhesives manufacturer Henkel experienced an increase of nearly 2%, although it subsequently reduced its gains and was only slightly higher a short time ago. The equity experienced an upward movement in initial trading sessions, driven by increased organic sales in the third quarter.

Heidelberg Materials has experienced a decline of 3.6%, even as it reported an increase in revenue for the third quarter. Brenntag has declined by 3.4%, whereas Deutsche Boerse, BMW, and Munich RE have experienced decreases of 1.7%, 1.4%, and 1.1%, respectively. Commerzbank is experiencing a decline of approximately 1.7% following third-quarter results that did not meet analysts’ expectations. In economic news, Germany’s industrial output increased by 1.3% in September following a decline of 3.7% in August, according to the reports. Forecasts indicated a monthly growth rate of 3%.

In a year-over-year comparison, industrial production experienced a moderated decline of 1%, a notable improvement from the 3.6% drop recorded in August. In October, Germany’s construction sector experienced its most significant contraction in seven months, according to survey data. The construction Purchasing Managers’ Index experienced an unexpected decline, falling to 42.8 in October from 46.2 in the preceding month. The index was projected to increase to 46.9.