FX.co ★ DAX Finishes on Higher Note

On Thursday, Germany's DAX index pared back from initial upward momentum of over 1%, eventually closing with a slight gain at 23,279, marking a recovery from a five-session decline. Investor sentiment was buoyed by chip giant Nvidia's robust results and optimistic outlook, although the delayed release of the US employment figures left a mixed impression. Companies engaged in artificial intelligence monitoring systems and those associated with the energy sector posted significant gains. Qiagen NV emerged as a leader, climbing 3.6%, followed by RWE with a 2.7% uptick. Siemens Energy shares soared nearly 3% to achieve a record high, following the announcement of a €6 billion ($6.9 billion) share buyback program to be executed by the conclusion of its fiscal year 2028. Additionally, Siemens experienced a 1.1% rise, with both GEA Group and SAP advancing by 1.1% and 0.5% respectively, and Infineon Technologies edging up by 0.4%.