FX.co ★ DAX 40 Slips to Fresh Two-Week Low

On Thursday, the Frankfurt DAX 40 index dipped by 0.3% to 21,110 points, reaching its lowest point since October 1. In the absence of significant market-moving news, investor focus has shifted to corporate earnings and political activities in France. Merck's shares experienced a slight decline of 0.1%, yet the company maintains a strong growth outlook following its recent restructuring efforts. SAP shares saw a 0.6% decrease in anticipation of its forthcoming results next week, following U.S. competitor Salesforce's announcement of ambitious targets for 2030. Conversely, several German firms reported favorable developments: Sartorius updated its full-year sales forecast upwards after a robust third quarter, and Flatexdegiro anticipates higher revenue and profits for 2025 than previously expected. Over in France, Prime Minister Sebastien Lecornu is likely to secure a confidence vote, bolstered by support from the Socialist party.