Mid‑morning on Wednesday the DAX edged further into green territory after a calm opening. At 12:30 p.m. Germany time the index was at 25,085 points, up 0.4 % from the prior trading day. In the top‑performed list were Siemens Energy, Commerzbank and Siemens; the bottom of the list included Beiersdorf, Fresenius and Volkswagen.
“Investors in Frankfurt are still in a probing phase, using the quiet news period to position themselves” said Andreas Lipkow, chief market analyst at CMC Markets. He highlighted Fresenius, Heidelberg Materials and E.ON as the main corporate drivers for the day, while data on German economic development and the GfK consumer confidence index were noted but not acted upon.
Lipkow added that traders were purchasing AI‑related stocks that had been on sell lists just days earlier. “Siemens Energy and Siemens remain the leaders on the winner’s list” he explained, noting that Fresenius and Heidelberg Materials slipped as their quarterly results fell only within expectations. The lack of upside was not enough to spur additional buying.
“The past few trading days have seen an overload of topics that have upset investors” the analyst said. The list of potential risks has not shrunk; in particular the tariff issue remains a significant uncertainty, and the geopolitical situation between the United States and Iran continues to be highly tense. In this context, the DAX maintaining a position above the 25,000‑point mark is noteworthy.
The euro trended slightly softer over the course of the day: one euro bought 1.1772 US dollars, and one US dollar was worth 0.8495 euros.
Meanwhile, Brent crude rose to $71.07 per barrel at approximately 12:00 p.m. German time-a gain of 30 cents, or 0.4 %, on the previous day’s closing price.
