Particle.news

Download on the App Store

DAX Nears Record as Pre‑Market Reads Point to Fresh High

U.S. tech strength together with rate-cut hopes has put the index within points of a new high.

Overview

  • The X‑Dax indicator briefly reached 24,662 before the open, a level that would mark a new intraday peak if matched in Xetra trading.
  • Broker IG signaled the DAX around 24,593 ahead of the open after the index closed at 24,597 and touched 24,631 on Wednesday, just shy of July’s 24,639 record.
  • Analysts from Helaba and RoboMarkets say clearing resistance near 24,500 increases the odds of a breakout, with some seeing potential extension above 25,400.
  • Ottobock’s Frankfurt debut is set with about 12.2 million shares offered at €66 each in the Prime Standard, with the deal positioned as one of the market’s larger recent listings.
  • Gold topped $4,000 per ounce to fresh records while oil moved little after Opec+ agreed a modest 137,000 bpd increase, as sector movers included a BMW drop on guidance and steel gains on reported EU tariff plans.