FX.co ★ DAX 40 Edges Higher as French Political Uncertainty Eases

Frankfurt’s DAX 40 index rebounded to 24,200 points on Thursday, overcoming initial losses, as investors reacted positively to reduced political tensions in France following the government's survival of a no-confidence motion. Attention shifted towards corporate earnings, with mixed results. Merck experienced a slight decline of 0.1%, while affirming its growth outlook post-restructuring. SAP saw a decrease of 0.6% ahead of next week’s earnings release, in light of Salesforce announcing optimistic targets for 2030. On a positive note, Sartorius adjusted its full-year sales forecast upward after a robust third quarter. Similarly, Flatexdegiro anticipates increased revenue and profits by 2025.