Futures contracts on the DAX (DE40) are down more than 0.7% today, as sentiment across European equity markets reflects increased investor caution and profit-taking following recent gains. The steepest losses are seen in Spain’s IBEX futures (SPA35), falling nearly 1.5%. In sector terms, banking and pharmaceuticals are underperforming across Europe, with shares of Novo Nordisk (NOVOB.DK) down more than 2%.
- In Germany, the defense sector stands out with notable gains. Shares of defense stocks RENK Group and Hensoldt are up nearly 4%, while Rheinmetall is gaining around 2%. In contrast, Lufthansa and Commerzbank shares are losing between 3% and 4%.
- Among the top performers on the German market today are Steico and Befesa, leading the list of gainers.
- According to AFP, a meeting is scheduled today between Donald Trump and Ukrainian President Volodymyr Zelenskyy.
DE40 (H1 Interval)
DAX futures (DE40) are pulling back by over 0.7% and are currently testing the 200-period exponential moving average (EMA) on the hourly chart. Selling volume is clearly dominant today.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appSource: xStation5
Rheinmetall Shares Rebound
Shares of German defense giant Rheinmetall are rising over 2% today, climbing above €1,720 and rebounding above the 50-day exponential moving average (EMA50) on the daily chart. The stock currently trades around 8% below its all-time highs.
Source: xStation5
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
