DAX Edges Up at Noon as Bank Stocks Rise

Dax Futures Live

The German stock market’s key index DAX experienced a slight increase in positive territory on Monday morning, bolstered by advancements in the banking sector. The sentiment in the market exhibited a degree of caution as investors anticipated the release of the minutes from the Federal Reserve’s latest monetary policy meeting. Trading volumes remained subdued in the absence of new data, compounded by the observance of Presidents’ Day in the United States.

The DAX experienced an increase of 27.81 points, reflecting a rise of 0.12%, reaching a level of 24,931.20 shortly before noon.

  • Shares of Deutsche Bank and Commerzbank experienced an increase of approximately 2%.
  • Allianz, Deutsche Telekom, Scout24, and Zalando experienced an increase ranging from 1.3% to 1.5%.
  • Fresenius, Siemens Energy, Rheinmetall, Vonovia, and Deutsche Post recorded slight increases in their respective valuations.
  • Siemens experienced a decline of 2.7%. Heidelberg Materials experienced an increase of 2.3%.
  • Merck, Symrise, and Brenntag experienced declines of 1.8%, 1.7%, and 1.6%, respectively.
  • BASF, Infineon Technologies, Qiagen, Deutsche Boerse, SAP, and MTU Aero Engines saw reductions ranging from 0.6% to 1%.

Volkswagen, having initially made progress into positive territory following reports of a planned 20% cost reduction across all brands by the end of 2028, subsequently relinquished those gains and experienced a slight decline just before noon. Data indicated that Eurozone industrial production experienced a decline for the first time in four months in December, decreasing by 1.4%, in contrast to the 0.3% increase recorded in November. The year-on-year increase in industrial production moderated to 1.2% in December, down from 2.2% in November. The last instance of a comparable rate of decelerated growth was recorded in August 2025.

In the EU27, industrial production experienced a more pronounced decline of 0.8% on a monthly basis, following a decrease of 0.1% in November. In comparison to the previous year, production experienced an increase of 1.4%, albeit falling short of the 2% rise recorded in November.