On Wednesday the DAX gained, closing at 25,176 points at the end of Xetra trading – a 0.8 % rise from yesterday’s close. The index started modestly, but later pulled through its gains as expectations for Nvidia’s earnings on Wall Street took hold. Andreas Lipkow, chief market analyst at CMC Markets, noted that Frankfurt had been relatively quiet all day with investors still in a probing phase.
Low trading volume mirrored overall buying reluctance. Lipkow cautioned that today’s environment discourages exuberance: “The risk is that a tweet or a military action in the Middle East could abruptly shift the geopolitical landscape”. He added that the recently reignited tariff dispute may still be unresolved, leaving financial markets with a persistent baseline nervousness that also appears in precious‑metal prices.
Ahead of close, Commerzbank’s shares led Frankfurt’s performance list, followed by E.ON, MTU and RWE. The lowest performers were Brenntag, Rheinmetall and Beiersdorf.
At the same time, gas prices climbed: a megawatt hour for March delivery cost €31, implying a consumer price of roughly eight to ten cents per kilowatt‑hour, inclusive of ancillary charges and taxes, if the level stays sustainable. Oil, however, slipped slightly; Brent crude was trading at $70.68 a barrel by 5:00 p.m. German time, down 9 cents or 0.1 % from the previous day’s close.
The euro was stronger in the afternoon trade: one euro fetched $1.1801, so one dollar was worth €0.8474.
