The German stock market’s benchmark index DAX experienced an upward movement on Tuesday morning, buoyed by increases in banking and defense sectors. Trading volumes exhibited a notable decline in anticipation of the forthcoming holidays.

The market is set to close early today and will remain shut on Wednesday and Thursday in observance of the New Year holidays. The DAX increased by 75.23 points, reflecting a rise of 0.3%, reaching a level of 24,440.15 recently.

• Rheinmetall experienced an increase exceeding 2%.
• Commerzbank experienced an increase of nearly 2%.
• Infineon and Deutsche Bank both saw gains of approximately 1.25%.
• Mercedes-Benz, Continental, Volkswagen, Heidelberg Materials, Allianz, and BASF experienced modest increases.

Scout24, Siemens Energy, Deutsche Boerse, Fresenius Medical Care, and Siemens Healthineers experienced a decline ranging from 0.3% to 0.7%.