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11.03.202608:51:14UTC+00DAX Falls on Wednesday

Frankfurt’s DAX 40 slipped more than 1% to around 23,700 on Wednesday, erasing the previous session’s gains and underperforming other major European indices. Investors weighed escalating tensions in the Middle East alongside a fresh round of corporate earnings. Rheinmetall was the weakest performer, losing over 5% after the defense group delivered mixed results and issued underwhelming guidance for 2026. Henkel declined nearly 4%, despite forecasting continued sales growth for this year, as it cautioned about a slower start driven by unfavorable currency movements. Other notable decliners included SAP, RWE, Vonovia, Adidas and Siemens Energy, all down between 1.5% and 2.3%. On the upside, Volkswagen and Brenntag were among the few gainers, advancing 0.7% and 0.6%, respectively.

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