The Dax saw a slight gain on Tuesday, closing the Xetra trading session at 25,147 points, marking an increase of 0.1 percent compared to the previous day’s close.
Despite some early declines, the index turned positive in the afternoon, driven by optimisim following the release of U.S. inflation data. The reported inflation rate surprisingly dropped in June, falling from 4.2 percent to 3.5 percent.
Among the biggest performers were Siemens Energy, Brenntag, and RWE. In contrast, shares from Siemens Healthineers, SAP, and Scout24 were in the red.
On the currency market, the Euro strengthened on Tuesday afternoon, trading at $1.1440. Conversely, the dollar was valued at €0.8741.
The commodity markets also saw movement. The price of fine gold increased significantly, reaching $4,079 per troy ounce in the afternoon (+1.9 percent), which equates to €114.63 per gram. Crude oil prices rose as well; Brent crude from the North Sea cost $83.68 per barrel around 5 p.m. German time, a rise of 0.5 percent over the previous day’s close.
