Frankfurt’s DAX 40 extended its recent rally on Wednesday, rising 0.4% to an all-time high of 25,510 points, boosted by strong performances from Bayer and RWE and positive market reaction to surprisingly robust Chinese trade data. Bayer shares surged 3.3% after the company outlined plans to return its pharmaceuticals business to mid-single-digit percentage growth by 2027 and target an operating margin of around 30% by 2030. RWE gained 3.2% after being named among the developers awarded guaranteed electricity price contracts in the UK’s latest offshore wind auction, which secured a record level of capacity, the government said. Elsewhere, DHL Group slipped 0.7% following Goldman Sachs’ withdrawal of its buy recommendation, while Lufthansa shares fell more than 2% after Barclays analyst Andrew Lobbenberg downgraded the stock to “Underweight.”
Related Articles
Check Also
Close
-
Markets Manic MondayApril 7, 2025
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market




