DAX climbs to fresh record highs on earnings support
Germany’s DAX 40 rose 0.6% to 24,460 on Friday, setting new record highs and outperforming European peers, with SAP up 4.8% as the top gainer.
The DAX 40 rose 0.6% to surpass 24,460 on Friday, setting fresh record highs and outperforming its European peers.
Solid corporate earnings and easing inflation concerns kept market sentiment supported, despite ongoing uncertainty in the Middle East.
Among individual stocks, heavyweight SAP climbed 4.8%, making it the top performer.
Other notable gainers included Rheinmetall (4.1%), Scout24 (3.3%), Hannover Ruck (1.9%) and MTU Aero Engines (1.7%).