Germany’s equity benchmark DAX experienced a significant decline on Tuesday, primarily driven by a wave of profit-taking in the technology sector, which was influenced by recent trading activity on Wall Street the previous day. Weak German Services PMI data and uncertainty regarding the US-Israel peace pact, compounded by conflicting reports concerning Iran’s nuclear monitoring, have negatively impacted sentiment.

The DAX experienced a decline of 325.59 points, reflecting a decrease of 1.3%, recently standing at 24,814.10.

• Siemens Energy experienced a decline of 5.5%. Shares of global infrastructure solutions provider Hochtief experienced a decline of 5.2%. Infineon Technologies experienced a decline of approximately 5.1%.
• Vonovia, Siemens, and Volkswagen experienced declines ranging from 2.4% to 2.5%.
• Heidelberg Materials, BASF, Deutsche Bank, Continental, Commerzbank, BMW, Zalando, Munich RE, and Daimler Truck Holding experienced declines ranging from 1% to 2.2%.
• SAP increased by 1.8%. Deutsche Telekom and Qiagen experienced increases of 1.5% and 1.3%, respectively.
• Fresenius Medical Care, Deutsche Boerse, Merck, and Scout24 experienced slight increases in their valuations.

The S&P Global Flash Germany Composite PMI experienced a decline to 48 in June 2026, down from 48.8 in May, falling short of market expectations which were set at 49.9. The reading indicated a third consecutive month of contraction in private-sector activity, marking the most significant decline since December 2024. Services PMI declined to a 43-month low of 46.8, down from 48.1. The manufacturing output exhibited a modest acceleration, as evidenced by the PMI score, which registered at 50.8, an increase from the previous month’s 50.4.