On Tuesday, Paris equities experienced an upward movement, driven by advancements in the industrial sector that bolstered the overall increase. In the interim, market participants are closely monitoring the impending monetary policy announcement from the Federal Reserve, scheduled for Wednesday. The DAX experienced an increase of 80.41 points, reflecting a rise of 0.33%, reaching a level of 24,136.10 shortly before noon. Rheinmetall experienced an increase of 4.5%. GEA Group experienced an increase of 2.5%, while Allianz saw a rise of 1.8%. Siemens Energy, Beiersdorf, Hannover Rueck, Deutsche Bank, and Scout24 experienced an increase ranging from 1% to 1.4%.

Shares of wind turbine manufacturer Nordex experienced a 2% increase following the acquisition of new contracts in France and Belgium. Adidas and Daimler Truck Holding experienced declines of 1.25% and 1%, respectively. Heidelberg Materials and BASF experienced a decline of nearly 1%. Merck, Infineon Technologies, Fresenius, and Zalando experienced slight declines. ThyssenKrupp experienced a decline exceeding 8% following the industrial conglomerate’s caution regarding difficult market conditions, projecting a potential net loss of up to 800 million euros in 2026.

In economic news, Germany’s foreign trade surplus expanded in October, driven by a rise in exports alongside a decline in imports, according to official data. In October, exports experienced a modest monthly increase of 0.1%, a deceleration compared to the 1.5% recovery observed in September, according to Destatis. In the interim, imports experienced a decrease of 1.2%, following a previous increase of 5.1% in the prior month.

The trade surplus increased to EUR 16.9 billion, up from EUR 15.3 billion in September. The anticipated surplus amounted to EUR 15.2 billion. During the corresponding period of the previous year, the surplus amounted to EUR 14.6 billion.