The DAX 40 remained close to the flatline at approximately 26,120 on Wednesday, reflecting a cautious sentiment amid uncertainties in the Middle East and in anticipation of the FOMC minutes to be released later in the day. US and Iranian officials have entrenched their positions and seem ready for a prolonged standoff, heightening the likelihood of energy disruptions and amplifying inflation worries. Weakness in the technology sector also dampened sentiment.
Tech stocks and retailers encountered pressure, whereas telecoms, chemicals, and industrials offered some support. Among individual equities, Scout24 experienced a decline of 1.6%, followed by Commerzbank at 1.4%, Zalando at 1.3%, and Infineon Technologies at 0.9%, marking the most significant decreases. Conversely, the leading performers included MTU Aero Engines (0.9%), BASF (0.9%), Deutsche Telekom (0.8%), and Airbus (0.8%).