Frankfurt’s DAX 40 managed to close about 0.9% firmer at 24,721.5 on Friday, halting a three-day losing streak and outperforming its peers. Traders assessed a fresh batch of corporate earnings from both sides of the Atlantic, with nervousness around AI-massive spending easing somewhat. Siemens Energy (+3.9%) outperformed, boosted by better-than-expected results and strong 2026 guidance from US peer Bloom Energy. Heidelberg Materials rose 2.6% following positive results, while Bayer added 2.2% after announcing successful research results for its promising drug, Asundexian. Defense shares also saw strong demand. Renk surged 6.1% after BNP Paribas and French broker Exane raised their ratings on the stock. On the flip side, Siemens Healthineers (-2.8%), Zalando (-2.1%), and BASF (-1.8%) posted the biggest losses. Negative news from Stellantis pressured the automotive sector, with Volkswagen, Daimler Truck, BMW, and Porsche Automobil falling up to 1.2%. For the week, the index rose 0.7%.
