The German stock market’s benchmark index DAX reached a two-week high on Monday morning, driven by advancements in the defense and banking sectors. Concerns surrounding AI have somewhat diminished, leading to a favorable response from investors to the data indicating a significant enhancement in Eurozone investor sentiment for January.
The DAX, having ascended to 24,948.58, subsequently retraced a significant portion of its gains, currently reflecting an increase of 72.78 points or 0.29% at 24,792.08 recently.
- Commerzbank experienced an increase of nearly 2.5%.
- Siemens Energy, SAP, Heidelberg Materials, and Rheinmetall saw gains ranging from 1.75% to 2%.
- Scout24, Zalando, and Deutsche Post experienced increases ranging from 1.1% to 1.5%, whereas Siemens, Volkswagen, RWE, BASF, Bayer, Adidas, Merck, and E.ON saw gains between 0.4% and 0.8%.
- Fresenius Medical Care and Siemens Healthineers experienced declines of approximately 1.7% and 1.3%.
- Vonovia, Qiagen, Daimler Truck Holding, Symrise, Brenntag, Hannover Rueck, Henkel, and Infineon Technologies experienced a decline ranging from 0.8% to 1.1%.
On the economic front, investor morale in the Eurozone experienced a notable increase in February, as evidenced by the Sentix Investor Confidence Index, which rose to 4.2 from -1.8 in January. The rise in February represented the third successive monthly increase, achieving the highest level since July 2025.