Dax Futures Updates

DAX experienced an upward movement Monday morning, bolstered by industrial data that exceeded expectations, positively influencing market sentiment. Nonetheless, the potential for growth was limited as investors exhibited a degree of caution in anticipation of upcoming monetary policy announcements from central banks, including the Federal Reserve, this week.

This week, the Swiss National Bank, the Reserve Bank of Australia, and the Bank of Canada are set to reveal their rate decisions. The DAX increased by 43.33 points, reflecting a rise of 0.18%, reaching 24,082.04 just before noon. Where as –

  • Bayer experienced an increase of 3.2%, while Rheinmetall saw a notable rise of 2.5%.
  • Siemens Energy, Fresenius, MTU Aero Engines, and Deutsche Bank experienced an
    increase ranging from 1% to 1.3%.
  • GEA Group experienced a decline of 3.4%, while Brenntag, Beiersdorf, and Daimler Truck
    Holding saw losses ranging from 1.3% to 1.6%.
  • Vonovia, SAP, BASF, Symrise, SAP, BASF, Qiagen, and Merck experienced declines ranging
    from 0.7% to 1.1%.

Shares of Germany metals company Kloeckner and Co experienced a remarkable increase of 25%. The company has announced that it is currently engaged in discussions concerning a possible voluntary takeover proposal from U.S. metals processor Worthington Steel. Car parts supplier Stabilus experienced a decline of over 6% following a decrease in profit for fiscal 2025, influenced by adverse market conditions, the ongoing global tariff conflict, and increased pricing pressure within the automotive sector.

Data indicated that Germany’s industrial output experienced a monthly increase of 1.8% in October. Analysts anticipated that the increase would significantly moderate to 0.2%, down from a revised 1.1% rise recorded in September. In the three months leading up to October, industrial production experienced a decline of 1.5% compared to the preceding three months. On a yearly basis, industrial production increased by 0.8%, contrasting with the 1.4% decline observed in September. When excluding energy and construction, industrial production experienced a growth of 1.5% from September, while reflecting a decline of 0.1% compared to the previous year.