DAX closes 0.41% higher after first move above 27,000

The DAX extended its winning streak on Thursday, November 12, 2026, but gave back most of its intraday gains by the close. According to Finanzen.net, the German blue-chip index finished 0.41% higher at 26,771.88 points. Compared with the Xetra close of 26,662.77 points on November 11, reported by The Edge, this corresponds to a gain of 109.11 points.

Record high above 27,000

The index opened at 26,910.57 points and reached a record high of 27,001.67, becoming the first DAX session to move above the psychologically important 27,000 mark. The afternoon retreat left the closing level below that threshold, but the DAX still recorded a fourth consecutive daily advance. The closing figure and session high were also reported by news.de based on dpa material.

Earnings support the market

Corporate news provided important support for the broader market. Siemens rose after reporting a record year and raising its medium-term growth targets. Merck also lifted its 2026 profit guidance for the third time this year. Reuters linked the positive European market tone to resilient corporate earnings, easing geopolitical tensions and lower oil prices, which can reduce cost and inflation pressure for energy-importing economies.

Technology remains a risk factor

The rally was not broad-based across all technology names. Reuters reported that uncertainty surrounding Nvidia's leadership weighed on the wider artificial-intelligence sector, while Infineon came under pressure during the session. Finanzen.net also reported that comments by US President Donald Trump reduced some of the recent hopes for an agreement involving Iran, contributing to the afternoon loss of momentum. For investors, the session underscored the tension between strong company-specific earnings and renewed geopolitical and technology-sector risks.

More DAX developments are available on the DAX topic page.