Dow Jones–Am German stock market, the DAX asserted itself well on Wednesday. It rose 0.2 percent to 24,262 points. The investors focused on the reporting season, which led to an inconsistent tendency among the titles concerned. At the overall market, investors were waiting for the results of the monetary policy meeting of the US Federal Reserve in the evening. New relatively strong US economics and labor market data hardly influenced the DAX, but supported the dollar and also drove the returns on the bond market.
Commerzbank were very strong in the market. They won 4.5 percent and noted as high as in about 14 years. The driver was a takeover fantasy because, according to market participants, the proportion of Italian Unicredit continues to increase to 20.17 percent. The background is that the Commerzbank had collected its own shares. The free float decreases from around 87.8 to around 67.7 percent if the unicredit share is now to be seen as a fixed property.
According to new business figures, Adidas broke up by 11.5 percent. The focus was on the view. Adidas only confirmed the forecast for the year 2025, and this reflects the uncertainties due to US tariffs and macroeconomic risks, according to the analysts of Baader. The market had expected an increase in the forecast.
BASF noted almost unchanged after the final secondary quartals figures had failed in the context of expectations. The new goal for the operational result of special effects between 7.3 and 7.7 billion euros was somewhat below the consensus expectation of 7.6 billion, analysts said.
Mercedes-Benz lost 3.4 percent. According to analysts, the customs hammer of US President Donald Trump is now also expressing itself in the business figures. The second quartals show that customs surcharges could not be passed on to US customers. This press the margins.
With a view of Porsche AG, there was talk of mixed business figures. The sales as well as the cash flow were a little better, but the margin was a bit below the estimates, it said in the trade. The margin target reduced for the year as a whole did not contaminate because the consensus estimate was already lower. The stock increased by 1.7 percent.
Business figures and forecast from Siemens Healthineeers were well received, the course rose by 2.0 percent. According to the Citigroup analysts, the adjusted operational result is 8 percent above the estimates. The analysts raised the order intake positively. The raised forecast is moving over the market estimates.
Symrise fell 9.1 percent and closed as deep as in five years. The fragrance and aroma manufacturer lowered the forecast for his organic sales growth.
Index last +/- % +/- % ytd
DAX 24.262.22 +0.2% +21.6%
DAX-Future 24,344.00 +0.1% +18.5%
XDax 24,263.74 +0.1% +22.2%
MDax 30,940.68 -0.8% +21.8%
TECDAX 3,907.83 +0.4% +13.9%
SDAX 17,719.82 -0.3% +29.7%
last +/- ticks
BUND -FUTURE 129.48 -24
YTD – based on the final course the previous day
Index Winner Loser Unv. Sales Shared Sales Previous Shares the previous day
DAX 16 24 0 2,385.6 51.2 3,424.5 50.2
MDax 12 35 3 326.3 24.7 601.4 29.7
Tecdax 13 16 1 430.9 14.4 949.9 20.6
SDAX 23 46 1 109.8 21.0 164.3 19.9
Sales in millions of euros or pieces
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DJG/HRU/GOS
(End) Dow Jones Newswires
July 30, 2025 11:42 ET (15:42 GMT)