Skyrocketing gold prices due to customs disarray, as initial costs drop for Dax.
In a shift reflecting softer economic sentiment in Germany, the DAX index closed lower on August 12, 2025, marking a slight decline from the previous session. The market opened in Frankfurt with the Dax trading slightly negative, and this trend continued throughout the morning.
By 10:00 AM, the Dax had decreased further, with the index being 0.3 percent lower than its previous day's closing level. This decline was influenced by a drop in shares of automotive companies, as shares of Daimler AG and BMW decreased by 1.3 percent and 1.1 percent respectively. The technology sector also saw a decrease, with shares of SAP down by 0.6 percent at the same time.
In contrast, the mining sector was an exception, with shares of ThyssenKrupp up by 1.2 percent at 10:00 AM. However, the Euro Stoxx 50, a European stock market index, was trading negatively, down by 0.3 percent at the same time.
As of 10:00 AM, the Dax was calculated at approximately 24,138 points. The market status, as per the Deutsche Börse Xetra system, was operational, with no major technical issues reported.
In summary, the Dax closed at approximately 24,047 points, down roughly 0.14–0.23% from the prior day. The decline in the Dax was largely due to the drop in shares of automotive companies, which weighed on the index. The market remains open and operational in Frankfurt, with no significant technical issues reported.
[1] Source: Financial Times, August 12, 2025. [2] Source: Reuters, August 12, 2025. [4] Source: Deutsche Börse, August 12, 2025.
- The decline in the Dax index, a key indicator of Germany's business and finance sectors, was primarily due to a drop in shares of automotive companies on August 12, 2025.
- Despite the overall decrease in the Dax index, the mining sector, represented by ThyssenKrupp, showed growth in the same timeframe, signifying a concurrent trend in the industry sector.
