DAX Ends on Cautious Note, Still Posts Weekly Rise
The DAX in Frankfurt saw a volatile session to end marginally down at 24,359 on Friday, but still close to the highest since July 10, supported by the ongoing upbeat earnings season. However, a sense of caution prevailed ahead of the highly anticipated Trump–Putin summit later this evening in Alaska, where the two leaders are expected to discuss the possibility of peace in Ukraine. This marks their first meeting since the war began. Among key movers, Siemens Energy (-3.1%), Zalando (-1.5%), E.On (-1.3%), Rheinmetall (-1.2%) and SAP (-1.1%) posted the biggest losses. Banks also faced pressure. On the flip side, the top gainers included Airbus (+1.7%), Bayer (+1.6%), BMW (+1.5%), Merck (+1%) and Mercedes-Benz Group (+0.7%). For the week, the index advanced about 0.9%.