Frankfurt stocks rise 0.61% on German business confidence boost

noticiassin.com (Spanish)

The Frankfurt Stock Exchange rose 0.61% on Tuesday, closing the DAX 40 at 26,266.14 points, driven by improved German business confidence and revised second-quarter economic growth. German business confidence improved for a fourth consecutive month in August, reaching its highest level in a year, according to the Ifo Institute. The economy grew 0.3% in the second quarter, revised up by one-tenth, supported by exports. Semiconductor and AI-related stocks led gains, with Infineon rising 1.3% and Scout24 up 4.4%. Siemens Energy gained 2.7% on reports of a turbine business sale, while Adidas fell 1.7% and BASF dropped 1.4%.


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