empty
 
 

2026.02.0612:02:03UTC+00DAX Attempts Recovery

On Friday, Frankfurt's DAX 40 index executed a mid-session recovery, closing with a 0.5% increase to rise above 24,600 after a sluggish onset. Global anxiety over AI-induced disruption appeared to diminish, and European markets were further buoyed by their relatively minimized involvement in the tech sector. Meanwhile, investors remained focused on the earnings season. Defense stocks experienced robust demand, highlighted by Renk's impressive 8% surge following BNP Paribas's upgrade of its recommendation to "outperform" from "neutral" for the German defense firm. Likewise, Rheinmetall and Hensoldt saw gains of 4% and 2.7%, respectively. Bayer's stock climbed by more than 2% after the pharmaceutical firm announced successful research findings for its promising drug, Asundexian. Conversely, the automotive sector faced challenges, with Volkswagen, BMW, Mercedes-Benz Group, and Porsche down by 2.8%, 2.3%, 1.8%, and 1.7%, respectively. This decline followed an unexpected announcement by Italian company Stellantis, which disclosed it would incur €22 billion in costs related to an operational restructuring.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In February we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback