1 September 2025, 23:12 Germany: DAX Snaps 5-Day Losing Run.
The DAX in Frankfurt closed about 0.6% firmer at 24,023 on the first trading day of September, halting a five-day losing streak, buoyed by defense and pharma stocks. Traders assessed a batch of PMI surveys and awaited key economic releases this week, with Eurozone inflation figures and US non-farm payrolls report in focus. Domestically, Germany’s final S&P Global/HCOB Manufacturing PMI came in at 49.8 in August, up from 49.1 in July and just shy of the 49.9 flash estimate, marking its best performance since mid-2022. Defense stocks were among the top gainers, with Renk climbing 6.8%, Hensoldt advancing 5%, and Rheinmetall rising 3.5%, following the UK’s
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