DAX Dips into Negative Territory, Led by Siemens and BASF
The DAX index dipped into negative territory by midday on Tuesday, with the index standing at around 24,235 points, a 0.1% decrease from the previous trading day. The decline was largely driven by a few key stocks in the stock market.
Siemens Energy, Siemens, and BASF were among the stocks that dragged the DAX down. Meanwhile, Infineon, Munich Re, and Allianz led the gainers, contributing to the overall slight decline of the DJIA index.
Siemens Energy's share price, for instance, was 106.50 euros in XETRA trading at 12:48 on Wednesday, showing a 0.3% increase that day.
By the end of trading on Tuesday, the DAX index had closed at 24,235 points, reflecting a 0.1% drop from the previous day. The performance of a few key stocks significantly influenced the DJIA index's movement.
