DAX closes 0.41% higher after first move above 27,000
Published on 11/12/2026 at 22:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDAX ends at record closing high
- The DAX closed Thursday at 26,771.88 points, up 0.41 percent from Wednesday.
- The index briefly exceeded 27,000 points for the first time, reaching 27,001.67.
- Strong company results and lower oil prices supported sentiment, while technology concerns limited the advance.
The DAX ended Thursday, November 12, 2026, at 26,771.88 points, according to the Deutsche Börse market news page. Compared with Wednesday's closing level of 26,662.77, the index gained 109.11 points, or 0.41 percent. It was the fourth consecutive session with a gain.
First move above 27,000 points
The benchmark briefly climbed above the psychologically important 27,000-point mark for the first time. It reached an intraday record of 27,001.67 points before giving back part of the advance. Reuters attributed the renewed optimism to better economic data, positive company results and falling oil prices.
Earnings support industrial heavyweights
Siemens was among the main sources of support after reporting a record fiscal year and raising its medium-term growth targets. Its shares rose as much as 5.2 percent during the session, according to Reuters. Merck also benefited from its results and raised its 2026 profit outlook for the third time this year. These developments helped offset weakness in parts of the technology sector.
Geopolitics and technology remain risks
Lower oil prices eased concerns about energy costs and inflation, but investors remained sensitive to developments in the Middle East. A statement by US President Donald Trump that no agreement with Iran was needed weighed on hopes for a rapid de-escalation, according to t-online. Separately, reports about a possible leadership crisis at Nvidia pressured technology shares and limited the broader market advance.
For investors, the session combined a new closing record with signs of uneven participation: large industrial and insurance companies benefited from earnings momentum, while technology-related uncertainty remained a potential source of volatility. Further DAX coverage is available on the DAX topic page.
