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German DAX Index Hits 1-Week Low Amid Global Economic Jitters
17 Nov
Summary
- DAX index down 0.7% to 23,887, lowest in a week
- Bayer sees biggest drop, falling 5.1%
- Siemens Energy surges 9.4% to record high
On November 17, 2025, Germany's DAX index concluded the trading day 0.7% lower at 23,887, marking its lowest point in a week. This decline continues the downward trend from the previous day, reflecting the ongoing global economic uncertainties, even as the U.S. government has reopened.
Investors appear particularly concerned about high valuations in the technology sector and substantial investment strategies in artificial intelligence. The earnings season is also approaching its conclusion. Among the notable performers, Bayer, a pharmaceutical and agrochemical giant, experienced the biggest drop, retracting some of its weekly gains with a fall of 5.1%. Banks and technology firms mirrored this trend with notable losses.
In contrast, Siemens Energy shares soared 9.4%, achieving a record peak since its separation from Siemens AG five years ago. This surge follows the release of robust third-quarter results and an upward revision of its mid-term financial targets, accompanied by the announcement of its first dividend in four years. Siemens AG and Siemens Healthineers also saw gains, rising by 1.5% and 1.3%, respectively. Allianz reported record-breaking results for the first nine months of the year, contributing a 1.2% increase. Overall, the index recorded a weekly gain of 1.3%.
