German company Deutsche Post is being aggressively defended by DAX, as it confronts a challenging situation
On Wednesday, the German stock market showed a positive trend, with the DAX 30 index gaining 1.43% to close at 12,928.57 points. This optimistic mood was driven by strong performances in the industrial, technology, and transport sectors, categories in which Deutsche Post operates.
Shares of Deutsche Post increased over three percent, leading the DAX. This rise aligns with the broader positive sentiment in the German stock market. The company also raised its earnings forecast for 2020, expecting adjusted operating earnings to be between €4.1 and €4.4 billion.
Covestro and BASF also saw their shares rise, with Covestro's increase likely due to a recent upgraded outlook from Hold to Buy candidate as of late July 2025. This positive technical sign, along with expectations of moderate price appreciation in the short term and increased trading volume, likely contributed to its share price increase on Wednesday.
However, not all companies in the DAX experienced gains. Deutsche Börse and Bayer shares decreased, with specific reasons for their declines not detailed in the provided sources. These moves often relate to company-specific news, earnings reports, or sector rotation away from financial services (Deutsche Börse) and pharmaceuticals/chemicals (Bayer).
In a separate development, the euro strengthened against the US dollar, costing 1.1769 US dollars (+0.31 percent). This strengthening of the euro could have potential implications for the performance of German stocks in the future.
In summary, Deutsche Post and Covestro benefited from sector strength and positive technical outlooks, while Deutsche Börse and Bayer faced downward pressure possibly from company-specific or sector factors despite a broadly optimistic market environment. The DAX closed at 12,928.57 points, an increase of 0.17 percent.
Other companies in the finance sector, such as Deutsche Börse, might have faced sector rotation away from financial services, causing their shares to decrease. In the broader industry landscape, business growth in the industrial, technology, and transport sectors contributed to a positive trend in the German stock market.
