06.03.202609:00:21UTC+00DAX Inches Higher on Friday

Frankfurt’s DAX 40 rose about 0.8% to approach the 24,000 mark on Friday, partially recovering from a 1.6% drop in the previous session. Sentiment improved as signs of stabilization in the oil market emerged, with Washington weighing measures to rein in surging energy prices following disruptions in the Strait of Hormuz. Even so, geopolitical uncertainty in the Middle East persisted, with the conflict involving Iran entering its seventh day.

Industrials and consumer discretionary names led sector gains. Among individual stocks, Deutsche Post, Rheinmetall, Siemens Energy and Siemens advanced between 1.8% and 3.1%. Adidas and Beiersdorf also posted solid increases, each rising more than 2%. Meanwhile, Deutsche Lufthansa climbed 3% after the airline reported 2025 results that beat expectations.

On the downside, Infineon Technologies fell 2.8% after a broker downgrade, underperforming the broader index. For the week, the DAX was on course for a sharp 5.1% loss, its steepest weekly decline since March 2025.