FX.co ★ DAX Closes in the Red

The DAX 40 index ended about 0.2% lower at 25,276 on Friday, undoing the previous day's modest gains, and reflecting trends seen in other markets. On the global front, geopolitical concerns were prominent, particularly due to ongoing tensions in Iran and the brewing disagreements between the US and Europe regarding Greenland. President Trump suggested the potential for tariffs on countries that oppose the US purchase of the territory. Attention was also directed towards economic indicators and corporate news. Germany's inflation rate was confirmed at 1.8% for December 2025, a decline from November's 2.3%, marking the first instance it fell below the European Central Bank’s 2% target midpoint since September 2024. Within the stock market, Brenntag shares fell by about 4%, negatively impacting the chemical sector after Barclays lowered its price target from €46 to €42, while holding an "Equal Weight" rating. Deutsche Telekom and Continental also faced declines of 2.6% and 2.2%, respectively. Conversely, stocks related to energy transition and artificial intelligence were sought after, with Siemens Energy rising by 6.4%. Over the week, the DAX 40 achieved a marginal gain of 0.1%.