The DAX experienced another dip to conclude the week. At the close of trading on Xetra, the index settled at 25,067 points in the Frankfurt Stock Exchange hall, representing a 0.2 percent decrease from the previous day’s closing figure. Despite having previously recorded new all-time highs early in the week, the overall loss for the week stands at a substantial 2.8 percent.
An hour before the market closed, the index briefly suffered a small “flash crash,” dropping by half a percentage point within seconds. During this period, large blocks of shares-particularly those belonging to Siemens, but also Fresenius, Deutsche Post, and Volkswagen-traded at a sudden discount. Trading quickly stabilized thereafter, and the prices recovered.
However, some stocks performed strongly against the prevailing trend during the day. Shares of Deutsche Telekom rose by approximately three percent, managing to recover some losses despite reports of an unpopular restructuring among investors. Heidelberg Materials also saw gains in a similar magnitude. Furthermore, Commerzbank, currently involved in a takeover battle with Unicredit, posted a 2 percent increase.
The biggest declines were seen in Siemens Energy, which dropped by roughly 2.6 percent. Rheinmetall and Hochtief also fell by more than two percent.
As for currency markets, the common European currency strengthened slightly on Friday afternoon. The euro was trading at 1.1435 US dollars, meaning the dollar was available for 0.8745 euros.
