The DAX 40 declined by 0.3% to approximately 24,900 on Thursday, continuing its downward trend from the previous day, as market participants analysed the latest earnings reports and corporate announcements, all while contending with ongoing tensions in the Middle East.

Speculation surrounding US President Donald Trump’s potential expansion of military operations against Iran, following a series of briefings with his inner circle, is generating apprehension. Meanwhile, technology shares continued to face challenges, with chipmaker Infineon Technologies declining by 1.8% and AI infrastructure-linked Siemens Energy down by 1.3%, both ranking among the largest decliners.

Outside the primary index, German food delivery entity Delivery Hero experienced a decline of approximately 1% following a €12.7 billion acquisition agreement with the major player Uber.