{"id":67176,"date":"2025-12-01T11:37:17","date_gmt":"2025-12-01T11:37:17","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/12\/01\/dax-down-sharply-on-profit-taking-weak-pmi-data\/"},"modified":"2025-12-01T11:37:17","modified_gmt":"2025-12-01T11:37:17","slug":"dax-down-sharply-on-profit-taking-weak-pmi-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/12\/01\/dax-down-sharply-on-profit-taking-weak-pmi-data\/","title":{"rendered":"DAX Down Sharply On Profit Taking, Weak PMI Data"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks fell on Monday, losing ground as investors, digesting regional PMI data, resorted to some profit taking after previous week&#8217;s gains. <\/p>\n<p>Data showing a sharp contraction in Germany&#8217;s manufacturing activity in the month of November weighed significantly on sentiment.<\/p>\n<p>The benchmark DAX was down 293.65 points or 1.23% at 23,534.60 a little while ago. <\/p>\n<p>Rheinmetall tumbled more than 4% amid signs of progress in Ukraine peace talks. MTU Aero Engines drifted down 3.3%, while Infineon Technologies and Siemens Energy lost 2.7% and 2.5%, respectively.<\/p>\n<p>Heidelberg Materials, Siemens, Deutsche Boerse, RWE, Vonovia and Deutsche Bank were also notably lower.<\/p>\n<p>Merck climbed 2.3%. Mercedes-Benz gained about 1.2%, while Symrise, Brenntag, Deutsche Post, Volkswagen, Deutsche Telekom, Adidas and Qiagen gained 0.5 to 1%.<\/p>\n<p>Data from S&amp;P Global showed Germany&#8217;s manufacturing activity shrank the most in nine months in November with a notable fall in new orders. The HCOB final PMI slid to 48.2 from 49.6 in the previous month. The reading was below the flash estimate of 48.4. <\/p>\n<p>The decline was largely driven by a renewed fall in new orders, which reversed the six gains in eight months seen in October, recording the steepest drop since January amid ongoing customer uncertainty and weaker overseas demand.<\/p>\n<p>The HCOB Eurozone Manufacturing PMI was revised down to 49.6 in November from a preliminary of 49.7, the lowest in five months and compared to 50 in October, a separate data from S&amp;P Global showed. The flash reading was 49.7. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>DAX Down Sharply On Profit Taking, Weak PMI Data<\/a><br \/>\n<br \/>2025-12-01 11:37:17<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks fell on Monday, losing ground as investors, digesting regional PMI data, resorted to some profit taking after previous week&#8217;s gains. Data showing a sharp contraction in Germany&#8217;s manufacturing&#8230;<\/p>\n","protected":false},"author":2,"featured_media":67177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-67176","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/67176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=67176"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/67176\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/67177"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=67176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=67176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=67176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}