30.10.202508:47:40UTC+00DAX Outperforms Peers in Europe

On Thursday, Germany's DAX index edged up by 0.3% to approximately 24,190, outperforming other European markets. The primary focus remained on quarterly earnings reports. Market participants were also assessing the results of the meeting between Presidents Donald Trump and Xi Jinping, alongside remarks from Jerome Powell that lessened the likelihood of another rate cut in December. Notable market movers included Airbus, which saw a rise of over 3% after delivering a strong performance in the third quarter and maintaining its 2025 outlook. Lufthansa's shares climbed more than 4% following better-than-expected Q3 results and the confirmation of its full-year guidance despite weaker demand. Volkswagen saw a 1.3% gain as it announced that production at its German facilities would continue the following week, even as it reported its first quarterly loss in five years.