14.01.202617:03:32UTC+00DAX 40 Falls on Wednesday

On Wednesday, the DAX 40 index dropped approximately 0.4% to 25,315, lagging behind other European markets due to declines in major stocks. Notably, SAP and Siemens Energy each saw a decrease of more than 3%, while Airbus, Siemens, Merck, and Infineon also experienced losses, collectively pulling down the index. Conversely, Bayer surged almost 7% following its announcement of a strategy to escalate its pharmaceuticals division to a growth rate in the mid-single digits by 2027, with an operating margin target of about 30% by 2030. Meanwhile, RWE rose by 2.3% after it was announced as one of the developers awarded contracts for guaranteed electricity prices in the UK’s latest offshore wind auction, which achieved a record level of capacity. Investors were also observing a significant meeting involving US, Danish, and Greenlandic officials concerning Greenland's future, following recent statements by President Trump about potentially acquiring the island. In a separate development, Czechoslovak Group revealed its intention to pursue a major IPO in Amsterdam, seeking to capitalize on a surge in regional defense expenditure.