FX.co ★ DAX Edges Lower

Germany's DAX index experienced a downturn on Friday, declining 0.6% to approximately 23,600, and extending its losses from the preceding day, aligning with other European markets. Investor sentiment remained wary due to ongoing concerns about high valuations within the tech sector, while the earnings season continued to unfold. Economically, Germany reported its trade surplus dropped to an 11-month low in September 2025, falling short of analysts' projections, as imports grew at a faster pace than exports. Among stocks, Scout24 and Zalando were the biggest decliners, falling 3.8% and 2.5%, respectively. In contrast, automaker shares gained traction, with Volkswagen rising by 1.8% and Porsche Automobil by 1.5%, following the news that China had lifted its export ban on Nexperia chips. The banking sector showed strong performance, as Commerzbank and Deutsche Bank increased by 1.4% and 0.7%, respectively. Over the week, the index anticipated a decline of about 1.5%.