DAX Edges Higher In Cautious Trade Ahead Of US Jobs Data

On Friday, German stocks experienced modest gains in cautious trading, with investors anticipating the release of the U.S. non-farm payroll report later in the day and the upcoming U.S. presidential election. The DAX index increased by 60 points, or 0.3%, reaching 19,138, following a 0.9% decline in the previous session.

In company news, Siemens saw an approximate 1% rise amid reports that the conglomerate intends to pursue further acquisitions following its $10.6 billion acquisition of the U.S. industrial software firm Altair.

Meanwhile, shares in Fielmann Group AG, a leading eyewear company, dropped by 7.6% despite reporting a rise in sales over the nine-month period and maintaining its annual sales forecast.

Technology stocks, including SAP and Infineon Technologies, remained stable with minimal changes.