The German stock market’s benchmark index DAX experienced a slight uptick in cautious trading on Friday, as investors responded to the unexpected cancellation of U.S.-Iran peace talks that were set to take place in Switzerland. The cancellation has introduced a degree of uncertainty regarding the prospects for a durable peace truce between the two nations in the context of the Middle East conflict.

The DAX, having reached 25,176.56 earlier, was up 82.87 points or 0.33% at 25,110.93 recently.

• Rheinmetall experienced an increase of 2.2%. BMW experienced a 1.8% increase, recovering from the losses observed in the prior session. Mercedes-Benz experienced an increase of 1.5%. Porsche Automobil Holding experienced an increase of nearly 1%.
• Infineon Technologies experienced an increase of 1.7%. Fresenius and Gea Group experienced increases of 1.3% and 1.1%, respectively.
• Continental, BASF, Commerzbank, Brenntag, Munich RE, Qiagen, and SAP experienced slight increases in their valuations.
• Volkswagen, trading ex-dividend, experienced a decline of 4.2%. Adidas and Zalando experienced declines of 1.6% and 1.25%, respectively. Deutsche Telekom, Heidelberg Materials, Henkel, Beiersdorf, Fresenius Medical Care, and MTU Aero Engines experienced declines ranging from 0.5% to 0.9%.

In economic news, data indicated that the annual increase was predominantly influenced by rising prices of intermediate goods and energy. Prices for intermediate goods increased by 4.2%, while energy prices rose by 2.5%. Simultaneously, the prices of capital goods and durable consumer goods experienced an increase of 2% each. Meanwhile, prices for non-durable goods experienced a decline of 1.7%.

Excluding energy, producer prices experienced a year-over-year increase of 2.3% and a month-over-month growth of 0.7% from April 2026. On a monthly basis, producer prices increased by 0.3%.