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Frankfurt’s DAX 40 extended its gains to close about 1% firmer at 25,622 on Friday, the highest since September 17, in line with regional peers. Defense stocks provided a significant boost to the index. Rheinmetall climbed 6.1%, as European leaders gathered in Brussels to reaffirm their support for President Volodymyr
Germany’s inflation prelim rose to 2.9% in August from 2.8% in July, below 3.1% expected. DAX 40 closed about 1.2% down at 26,282.4, snapping a four-day advance amid Middle East tensions and higher-rate prospects.