{"id":68434,"date":"2026-01-07T11:09:13","date_gmt":"2026-01-07T11:09:13","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/01\/07\/dax-climbs-to-new-record-high-2\/"},"modified":"2026-01-07T11:09:13","modified_gmt":"2026-01-07T11:09:13","slug":"dax-climbs-to-new-record-high-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/01\/07\/dax-climbs-to-new-record-high-2\/","title":{"rendered":"DAX Climbs To New Record High"},"content":{"rendered":"
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German stocks moved higher on Wednesday, extending gains to a seventh straight session, with investors digesting a slew of regional economic data, and awaiting some crucial data from the U.S., including the non-farm payroll report for the month of December.<\/p>\n

The benchmark DAX, which rose to a record high of 25,098.63, was up 175.69 points or 0.71% at 25,072.63.<\/p>\n

Heidelberg Materials climbed 2.75%. MTU Aero Engines, E.ON., Siemens, Siemens Energy and Vonovia moved up 1.7 to 2%.<\/p>\n

Zalando, SAP, Rheinmetall, Bayer, Deutsche Telekom, Qiagen, Fresenius, RWE and Merck gained 0.7 to 1.2%.<\/p>\n

Wind turbine maker Nordex jumped more than 3% after announcing that it has been selected to deliver more than 414 MW of its machines for 15 projects across Europe.<\/p>\n

Commerzbank drifted down 2.6% and Scout24 eased by about 2.5%. Beiersdorf lost 1.7% and Adidas slid 1.1%, while Fresenius Medical Care, Deutsche Boerse, Deutsche Bank and Mercedes-Benz lost 0.6 to 0.7%.<\/p>\n

Data from Destatis showed Germany’s retail sales declined unexpectedly in November, dropping by 0.6% month-on-month, in contrast to the revised 0.3% increase in October. Sales were expected to climb 0.2%.<\/p>\n

On a yearly basis, growth in retail sales eased to 1.1% from 1.6% a month ago.<\/p>\n

In the whole year of 2025, retail sales logged a real growth of 2.4%. In nominal terms, sales moved up 3.6%. After a strong increase of 3.8% in the first half of the year, sales growth eased to 1.1% in the second half.<\/p>\n

Purchasing Managers’ survey results from S&P Global showed Germany’s construction sector expanded for the first time since early 2022 on rebound in civil engineering activity.<\/p>\n

The construction Purchasing Managers’ index posted 50.3 in December, up from 45.2 in November. The index has remained above the 50 no-change mark since March 2022. The upturn was primarily driven by strong growth in civil engineering activity.<\/p>\n

On the price front, the survey showed that input price inflation hit a three-month high. Rates charged by subcontractors climbed markedly and at the quickest rate for more than two-and-a-half years.<\/p>\n

Data from Eurostat said, euro area consumer price inflation eased to 2.0% in December 2025, down from 2.1% in November, according to a preliminary estimate. This marks the lowest rate since August. <\/p>\n

The HCOB Eurozone Construction PMI rose to 47.4 in December 2025 from 45.4 in November, signaling the softest contraction since February 2023, S&P Global said. <\/p>\n<\/p>\n<\/div>\n