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2026.06.0908:48:40UTC+00DAX Tries to Recover

The DAX 40 attempted a cautious rebound on Tuesday, trading near 24,700, supported by gains in chipmakers and a modest easing of tensions in the Middle East. Sentiment improved after Israel and Iran agreed to halt reciprocal strikes, following an appeal from US President Trump, who said diplomatic talks with Iran were progressing. Even so, the backdrop remains fragile. At the same time, investors stayed wary ahead of Thursday’s ECB policy meeting, where the central bank is widely expected to raise interest rates by 25 bps.

Symrise led the index higher, climbing 4.1% after JPMorgan reiterated its Buy rating and maintained its €100 price target. Infineon Technologies also posted solid gains, advancing 3.3%. Other notable risers included Deutsche Bank (up 2.5%), Allianz (1.4%) and Commerzbank (1.4%). On the downside, SAP lagged, slipping 1.5%. BASF, Bayer, Brenntag and Siemens Energy also came under pressure, each losing around 1%.

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