Market report: DAX record remains in sight

Market report Balance sheets in view DAX record remains in sight As of: November 11, 2026 • 7:38 a.m

The DAX could resume its record hunt in the middle of the week. Initial indications point to clear price gains. There is also important company data to process.

Stock prices are rising again in Asia. Thanks to a good mood in Japanese industry, the Nikkei index is currently gaining over one percent, the Korean Kospi is even advancing over two percent.

The monthly Reuters Tankan index, which measures sentiment among Japanese industrial companies, rose to 27 points, its highest level in more than five years, thanks to the chip boom.

The focus now turns to AI pioneer Nvidia's quarterly figures next week, said Wataru Akiyama, equity strategist at Nomura Securities. "If they are strong enough to allay concerns about the earnings of these AI and semiconductor-related stocks, that effect will likely extend to Japan's major AI companies as well."

In New York, technology stocks were still under pressure. The Nasdaq technology index fell 0.7 percent, while the Dow Jones benchmarks lost 0.3 percent. In addition to the stubborn inflation, investors there mainly had to deal with the new developments in the Nvidia case.

The US chip company Nvidia is investigating its co-founder and boss Jensen Huang. That's what it's about. more

According to media reports, the suspected Chinese spy in the company of CEO Jensen Huang smuggled AI chips from Nvidia worth $7.5 billion into the People's Republic.

Nvidia is also said to have used relationships with the US government to have an investigation into chip smuggling stopped. This raises doubts as to whether Huang can hold on to the top job. With him, Nvidia would lose its central identification figure.

The German stock market is likely to remain unaffected by this and start the day higher. This would bring it back within striking distance of last Thursday's record high of 26,692 points. On Tuesday, the leading German index closed 0.3 percent higher at 26,347 points.

Before the stock market opened, a number of important company balance sheets were published, including E.ON, RWE and Siemens Energy. The final inflation data for October will be published at 8 a.m. This afternoon the annual report from the economists should be interesting.

Economy eight ago from November 10th, 2026 Anja Kohl, HR, Das Erste, November 10th, 2026 • 7:55 p.m. E.ON confirms forecast The energy company E.ON has confirmed its forecast for the full year. In the first period, adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) grew slightly to 7.11 billion euros. Adjusted consolidated profit rose by four percent to 2.2 billion euros.

RWE also confirmed its forecast for significant profit growth. The largest German electricity producer announced that adjusted Ebitda rose by 35 percent to 4.6 billion euros from January to the end of September, particularly due to increases in energy trading. The adjusted net result increased to 1.8 billion euros after 1.3 billion in the same period last year.

Siemens Energy reported record figures for its fiscal year that ended in September. Sales excluding currency and portfolio effects rose by 15.5 percent to 44.2 billion euros. The bottom line is that Siemens Energy earned 4.1 billion euros, after just under 1.7 billion euros in the previous year. In addition to significant increases in profits in both the gas and grid divisions, this is also due to significant improvements in the Siemens Gamesa wind business. This returned to profitability after a billion-dollar loss in the last financial year.

This topic in the program: tagesschau.de | Stock market outlook for the day | 11/11/26 | 6:49 a.m