DAX Closes at 3-Week High

Trading Economics
2025.12.04 17:29
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Frankfurt's DAX closed about 0.8% firmer at 23,882 on Thursday, the highest level in three weeks, reversing yesterday's slight decrease and outperforming its peers.Gains were led by the auto sector, supported by Bank of America’s upgraded sector outlook for 2026 due to the anticipated easing of regulatory pressure on European automakers.Porsche (+5.8%), Daimler Truck (+5.8%), Mercedes-Benz (+4.6%), BMW (+4.1%) and Volkswagen (+2.8%) all posted strong gains.

Frankfurt's DAX closed about 0.8% firmer at 23,882 on Thursday, the highest level in three weeks, reversing yesterday's slight decrease and outperforming its peers.

Gains were led by the auto sector, supported by Bank of America’s upgraded sector outlook for 2026 due to the anticipated easing of regulatory pressure on European automakers.

Porsche (+5.8%), Daimler Truck (+5.8%), Mercedes-Benz (+4.6%), BMW (+4.1%) and Volkswagen (+2.8%) all posted strong gains.

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