The DAX index in Frankfurt experienced a volatile trading session on Friday, ultimately closing slightly lower at 24,359. Despite this minor decline, it remained near its peak since July 10, buoyed by a positive earnings season. Market participants expressed caution ahead of the much-anticipated Trump-Putin summit scheduled for later this evening in Alaska, where discussions on the potential for peace in Ukraine are expected to take place. This meeting is significant as it marks the first encounter between the two leaders since the onset of the conflict.
Among the notable underperformers were Siemens Energy, which fell by 3.1%, followed by Zalando at 1.5%, E.On at 1.3%, Rheinmetall at 1.2%, and SAP at 1.1%. The banking sector also encountered downward pressure. Conversely, the session's top performers included Airbus, gaining 1.7%, Bayer at 1.6%, BMW at 1.5%, Merck at 1%, and Mercedes-Benz Group at 0.7%. Over the course of the week, the index recorded an approximate increase of 0.9%.
