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%.
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%.
