DAX: DE40 erases early declines. Porsche loses 4%, Rheinmetall shares gain

DE40

Indices

Rheinmetall

Stocks

RHM.DE, Rheinmetall AG

Porsche

Stocks

P911.DE, Dr Ing hc F Porsche AG - preference shares

DAX erases a good portion of early declines; DE40 contract loses less than 0.1%
Weak sentiment around German automotive, Volkswagen (VOW1.DE) considers closing factories; Porsche AG (P911.DE) loses 4% and falls to new historic lows
Strong session for Rheinmetall (RHM.DE) driven by renewed, bullish recommendation at Deutsche Bank

The mood around the European stock market is mixed today, but has improved, as Nvidia's share price quotes reduced yesterday's declines to less than 1% today. Investors await U.S. benefit claims data at 1:30 PM GMT and the release of flash Eurozone consumer sentiment, for November, at 3 PM GMT.

Volatility in stocks traded on the European trading floor. Weak sentiment around the automotive and fashion sectors. Novo Nordisk extends declining momentum and retreats another 1.5%; shares already losing 30% to peaks. Banks lose slightly. The oil and gas sector is gaining. Source: xStation5

DE40 (D1 chart)

The DAX has tested the 50- and 100-session exponential moving averages (orange and black colors on the chart) several times since November 2023. Currently, the stock has settled below the EMA100, but by the long lower shadows of the candles it is clear that the market is trying to 'pick' the decline. The last two sessions have brought positive buying volume, but it is still not equivalent to the previous two, indicating net selling.

Source: xStation5

Company charts of RHM.DE , P911.DE

Analysts at Deutsche Bank raised their recommendation for Rheinmetall to 'Buy' and set a target price, at €700 per share, which would imply about 15% upside from current levels. The German conglomerate is a major beneficiary of rising armaments and munitions spending in Europe.

Source: xStation5

Porsche shares are testing the lower range of the declining price channel today and are losing nearly 55% from historical highs. Bloomberg indicated that Volskwagen may be considering closing and selling the Osnabrück plant, where Porsche Boxter and Cayman models are assembled.

Source: xStation5

24 October 2025, 6:00 PM

Daily Summary: CPI down, Markets Up

24 October 2025, 5:13 PM

Procter & Gamble: After Earnings

24 October 2025, 4:36 PM

"Mad Max" mode - Is Tesla in trouble?

24 October 2025, 4:14 PM

Intel’s turnaround is showing results

indices
stocks

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

DAX: DE40 erases early declines. Porsche loses 4%, Rheinmetall shares gain

DE40 (D1 chart)

Company charts of RHM.DE , P911.DE

Join over 1 700 000 XTB Group Clients from around the world