DAX L&S indication at 26,859 points after record high
Published on 11/12/2026 at 13:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMidday DAX indication after record high
- The DAX L&S indication stood at 26,859 points at 13:02 Berlin time on November 12, up 0.34 percent from its previous L&S close.
- The index had earlier exceeded 27,000 points for the first time, supported by technology optimism, Siemens results and lower energy prices.
- Investors were also assessing a mixed US technology backdrop and weaker Asian trading ahead of the American session.
The DAX was trading below its morning high but remained firmly elevated at the European midday. The L&S indication stood at 26,859 points at 13:02 Berlin time on Thursday, November 12, 2026, up 91 points, or 0.34 percent, from the previous L&S close. This is an indicative quote and not the official Xetra index level.
Record milestone reached in morning trade
The index had earlier climbed above 27,000 points for the first time. AFP reported that the DAX reached about 27,001 points in morning trading, while Siemens rose more than four percent after reporting record profits. The milestone followed a strong Wednesday session: according to the F.A.Z., the DAX had closed Wednesday at 26,662.77 points on Xetra, after gaining 1.2 percent.
Earnings and energy prices support sentiment
Market sentiment was supported by company results and easing energy-market pressure. The F.A.Z. cited Siemens' record order intake and higher operating profit for the fiscal year ended in September. Separately, Reuters reported that European equities were benefiting from strong third-quarter earnings and lower oil and gas prices, with Brent crude around 93 US dollars per barrel in its morning report.
US session remains a key test
The rally was not without counterweights. Reporting by La Repubblica described a cautious European open after gains in US technology shares, while Asian markets were weaker, including a 0.71 percent decline for Japan's Nikkei 225. US equity futures and renewed uncertainty around Nvidia remained relevant for the later session.
For investors, the midday picture combines a new index milestone with a pullback from the day's peak. The next test is whether earnings and lower energy prices can keep supporting European equities when US trading begins. Further DAX coverage is available on the DAX topic page.
