Dax Slips into Negative Territory Despite Gains from Rheinmetall, Siemens Energy
The Dax, Germany's benchmark stock index, started the day on a quiet note but slipped into negative territory by midday. By 12:30 PM, it stood at around 24,220 points, a marginal 0.2 percent decrease from the previous day's close.
The decline was led by several key companies. Beiersdorf, Deutsche Post, and Deutsche BΓΆrse were among the worst performers, with their share prices dropping significantly. Meanwhile, Rheinmetall, Siemens Energy, and Airbus were the top gainers, driving the index's initial subdued start.
Armin Papperger continues to helm Rheinmetall as its CEO. However, the current CEOs of Siemens Energy and Airbus were not specified in the provided search results.
The Dax ended the morning session in the red, with the index standing at around 24,220 points. Despite the decline, some major companies like Rheinmetall, Siemens Energy, and Airbus showed resilience, posting gains and demonstrating the market's mixed sentiment.
