DAX Rises to Fresh Highs

The DAX 40 edged higher to fresh record levels around 26,460 on Thursday, following losses in the prior day, led by gains in banks, utilities and industrials. Oil prices moved lower despite geopolitical uncertainty, providing some relief from concerns over energy supply disruptions and inflation. Meanwhile, investors eyed more corporate earnings and economic data from Europe and the US. RWE was among the top performers, rising more than 1%, as it reported better-than-expected first-half profit, helped by a Dutch government compensation payment and stronger energy trading, while reaffirming its 2026 dividend and long-term profit targets. Thyssenkrupp also advanced after its adjusted EBIT rose to €183 million in the third quarter, prompting the company to raise its full-year EBIT floor to €600 million from €500 million. Rheinmetall, Qiagen, Siemens Energy and MTU Aero Engines also posted solid gains, alongside Commerzbank and Deutsche Bank.





