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FX.co ★ DAX on Higher Note

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typeContent_19130:::2025-05-02T07:45:16

DAX on Higher Note

On Friday, Frankfurt's DAX index experienced a strong uptick, surpassing 22,800—a peak not seen since March 26—fueled by robust earnings reports and a renewed sense of optimism about trade negotiations, following China's expressed interest in engaging with the U.S. Additionally, investors are closely monitoring key macroeconomic indicators, such as April's eurozone inflation estimates, PMI surveys, and significant U.S. labor market data. The majority of listed companies reported gains, with Siemens Energy and Bayer emerging as top performers, advancing by 5.1% and 3.5%, respectively. Airbus also ranked among the leading gainers, appreciating by 3.4% after releasing quarterly results that exceeded expectations and reaffirming its annual forecast.

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