DAX closes 1.20% higher at 26,662.77 points
Published on 11/11/2026 at 22:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDAX ends near record high
- The DAX closed 1.20% higher at 26,662.77 points on Wednesday, November 11, 2026.
- Technology shares, Siemens Energy and stronger confidence in artificial intelligence demand supported the advance.
- Higher US inflation expectations and rising oil prices limited the move toward the previous intraday record.
The DAX extended its recovery on Wednesday, November 11, 2026. The German blue-chip index gained 315.32 points, or 1.20%, to close at 26,662.77 points, according to t-online, citing dpa-AFX. The index had closed at 26,347.45 points on Tuesday, making Wednesday the third consecutive positive session.
Technology stocks lead the rebound
Renewed demand for technology and semiconductor shares provided the main support. Reuters reported that encouraging results from Siemens Energy and US cloud provider CoreWeave eased recent concerns about the sustainability of artificial intelligence investment. Infineon, Aixtron and Suss MicroTec were among the semiconductor-related shares highlighted in the market report.
Siemens Energy was the strongest DAX constituent in the Reuters account, rising 6.9% after reporting record figures for its 2026 financial year, proposing a dividend of 2.30 euros per share and announcing further share buybacks through the end of fiscal 2030. The company has exposure to the expansion of electricity infrastructure, including demand linked to data centers.
Rate and oil concerns remain
The advance was not free of counterforces. Unexpectedly high US inflation data released on Tuesday strengthened expectations of a Federal Reserve rate increase in December. Higher borrowing costs can weigh on equity valuations, particularly in growth-oriented technology sectors. Rising oil prices also restrained the late-session recovery: Reuters reported Brent at 93.43 US dollars per barrel and West Texas Intermediate at 86.68 US dollars.
The DAX ended close to its recent high, but the sources distinguish the Wednesday close from the previous intraday record of 26,692.90 points reached on November 5. For investors, the session therefore showed a continued rebound in German equities while leaving the market sensitive to US technology moves, bond yields and energy prices.
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