On Monday, sentiment shifted for the DAX benchmark, which reflects the performance of the 40 largest companies listed on the Frankfurt Stock Exchange. The benchmark experienced slight increases, recovering from the downturn observed on Friday and reflecting the prevailing market trend across much of Europe. Data released earlier in the day indicated that industrial production in the region experienced a month-on-month increase of 0.8 percent in October, compared to a rise of 0.2 percent in the preceding month. The most significant rise since May 2025 aligned with market anticipations.
The index is presently at 24,317.06, reflecting an increase of 0.44 percent compared to the prior close of 24,211.37. The day’s trading exhibited a range from a peak of 24,338.06 to a trough of 24,237.56. Within the 40-scrip index, merely 14 scrips are currently positioned in the overnight red zone. Fresenius achieved an increase exceeding 3 percent. Siemens Energy and SAP both experienced an increase of nearly 2 percent. Rheinmetall experienced a decline exceeding 2.5 percent, mitigating its losses. Daimler Truck Holding and Vonovia both reported losses exceeding one percent.
The U.S. dollar experienced a decline on Monday, resulting in a 0.08 percent decrease in the six-currency Dollar Index, which settled at 98.32. The euro appreciated in anticipation of the European Central Bank’s anticipated pause in monetary policy. The EUR/USD pair has increased by 0.05 percent to 1.1746, having fluctuated between 1.1747 and 1.1727. The EUR/GBP pair has decreased by 0.06 percent, now standing at 0.8775. The EUR/JPY pair has experienced a decline of 0.46 percent, now standing at 182.11.
Ten-year German bond yields declined by 0.68 percent overnight, settling at 2.8415 percent, as markets prepared for the upcoming European Central Bank interest rate review on Thursday. The yield, which stood at 2.8610 percent at the previous close, fluctuated between 2.8595 percent and 2.8388 percent during the day’s trading session.