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FX.co ★ DAX 30 Moderately Higher As Stocks Rise On Bargain Hunting

DAX 30 Moderately Higher As Stocks Rise On Bargain Hunting

On Tuesday morning, German stocks have entered positive territory as investors are purchasing shares following a four-day downturn. The market is buoyed by a decrease in bond yields and reports that the Trump administration might adopt a more gradual strategy regarding tariffs.

Currently, the DAX index has risen 132.78 points, or 0.66%, reaching 20,270.00.

Merck and BASF lead the gains with increases of 2.5% and 2.1%, respectively. Other companies seeing a rise include Sartorius, Deutsche Bank, Puma, Continental, Siemens Healthineers, Porsche, Daimler Truck Holding, Commerzbank, and Siemens Energy, all advancing between 1.3% and 1.75%.

See also: Start Forex trading with a European level broker!

Infineon, BMW, SAP, and Volkswagen are also seeing near 1% increases. Notably, Volkswagen's uptick comes despite a reported 2.3% decline in 2024 sales to just over nine million units. Specifically, the company's sales dropped 2.2% in Germany and 10% in China, attributed to a "fierce price war."

Additionally, Mercedes-Benz and Rheinmetall are experiencing significant growth.

Conversely, Symrise is down 2.6%, Beiersdorf has decreased by 1.1%, and RWE has fallen by nearly 1%. Hannover Rück is also experiencing a decline, down by 0.7%.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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