25 June 2026, 22:36 Germany: DAX Outshines European Peers.
The DAX 40 pushed higher to close about 1% firmer at 25,000 on Thursday, marking the second day of gains and outperforming its European peers, driven by pharma and tech stocks. Bayer shares jumped nearly 19% after a US Supreme Court ruling in favor of the pharmaceutical and agrochemical company in lawsuits related to its Roundup weedkiller. Infineon Technologies was also among the top gainers, rising 3.2%, boosted by renewed investor confidence in AI following encouraging outlooks from chipmakers Micron Technology and Qualcomm. Vonovia advanced 3% following a buy recommendation from Deutsche Bank. Meanwhile, Volkswagen rose 1.7% after confirming the sale of a majority stake in its engine unit Everllence to private equity firm Bain Capital for approximately €7.4 billion, supporting its restructuring plans and easing debt concerns. On the losing side, Fresenius Medical Care (-3%) and Scout24 (-2.8%) posted the biggest declines.
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