<div id="readability-page-1"><div> (RTTNews) - After a weak start, German stocks recovered and moved into positive territory on Thursday as investors reacted to a slew of earnings updates and regional economic data and looked ahead to the monetary policy announcement from the European Central Bank. The Federal Reserve left its interest rate unchanged on Wednesday, and there is still no meaningful progress as yet on the U.S.-Iran peace talks front. The benchmark DAX was up 68.15 points or 0.28% at 24,011.89 a few minutes before noon. Munich RE fell 3.3%. Commerzbank and Deutsche Bank shed 2.9% and 2.8%, respectively. Symrise, GEA Group, Heidelberg Materials and Adidas lost 2%-.2.3%. Fresenius, BMW, Zalando, Scout24, Deutsche Boerse, Continental, Porsche Automobil Holding, Mercedes-Benz and Fresenius Medical Care drifted down 1%-1.9%. Auto major Volkswagen Group drifted down 0.8% after reporting lower profit and sales revenues in its first quarter, amid weak unit sales and production. BASF traded flat despite reporting higher profit in the first quarter. Looking ahead for fiscal 2026, the company continues to expect adjusted EBITDA between 6.2 billion euros and 7.0 billion euros. Among the gainers, Brenntag rose nearly 3%. Deutsche Post rallied 2.5%, while Bayer, E.ON and Rheinmetall moved up 1.2%-1.6%. MTU Aero Engines gained about 1.5%. The company's bottom line totaled EUR200 million, or EUR3.59 per share. This compares with EUR224 million, or EUR4.03 per share, last year. German sportswear provider Puma rallied 2.8% after replacing its chief financial officer. Online takeaway food company Delivery Hero jumped 6% after posting higher first-quarter growth in its gross merchandize value. In economic news, data from Destatis showed Germany's retail sales fell 2% year-on-year in March, sharper than the 0.3% fall in February. Sales were forecast to drop moderately by 0.3%. Retail sales of food were down 2.7% from February and non-food retail trade dropped 1%. On a yearly basis, retail sales decreased unexpectedly by 2% in March, in contrast to the 0.9% rise in the prior month. Economists had forecast an annual growth of 0.5%. In nominal terms, retail sales dropped 1.5% from February and fell 0.5% from the last year. Germany GDP increased 0.3% in the first quarter of 2026, after rising 0.2% in the fourth quarter of the previous year. GDP was expected to rise 0.1% in the latest quarter. Data from Eurostat showed Eurozone inflation accelerated to 3% year-on-year in April, up from 2.6% in the prior month and matching estimates. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. </div></div>

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German stocks rebounded after a weak start, with the DAX up 0.28% at 24,011.89. Key movers included Brenntag (+3%), Deutsche Post (+2.5%), and Puma (+2.8%). However, Munich RE fell 3.3%, and Volkswagen Group reported lower profits. Economic data revealed a 2% year-on-year decline in retail sales for March, contrasting with expectations of a 0.5% increase. Germany's GDP grew by 0.3% in Q1 2026, while Eurozone inflation rose to 3% in April.

nasdaq

Munich Reinsurance Company

Deutsche Post AG

PUMA SE

Volkswagen AG Pref

Brenntag SE

Volkswagen AG

Global X DAX Germany ETF

Deutsche Bank AG

Commerzbank AG

Symrise AG

GEA Group AG

HeidelbergCement AG

adidas AG

Fresenius SE & Co. KGaA

Bayerische Motoren Werke AG

Zalando SE

Scout24 AG

Deutsche Boerse AG

Continental AG

Porsche Automobil Holding SE Pref

Mercedes-Benz Group AG

Fresenius Medical Care AG & Co. KGaA

BASF SE

Bayer AG

E.ON SE

Rheinmetall AG

MTU Aero Engines AG

Delivery Hero SE

Nasdaq

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München

Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

Symrise

Adidas

Fresenius

BAYERISCHE MOTOREN WERKE AG ADR EACH REPR 0.33333 SHS SPONSORED

Bayerische Motoren Werke AG Pref

Deutsche Börse

Fresenius Medical Care

Volkswagen

BASF

Bayer Aktiengesellschaft

Bayer

RHEINMETALL AG UNSP ADR EACH REPR 0.2 ORD

German Stocks Recover After Weak Start, Modestly Higher At Noon