The DAX Index has remained in a tight range in the past few months. This consolidation continued this week as top constituent companies like Deutsche Bank, Mercedes-Benz, BASF, and Volkswagen published their results.
The index also continued to consolidate after the European Central Bank (ECB) delivered its interest rate decision on Thursday. As was widely expected, the bank left interest rates unchanged and pointed to a wait-and-see approach.
The DAX Index also reacted mildly to the recent Federal Reserve interest rate decision in which officials decided to cut interest rates by 0.25%.
Siemens Healthineers
Siemens Healthineers is one of the biggest companies in the DAX Index that has a market capitalization of over $62 billion. It makes equipment like Medical Imaging Systems, like MRI machines, X-ray systems, molecular imaging, and laboratory diagnostics solutions.
Siemens Healthineers’ stock has come under pressure this year as it has crashed by 15% from its highest level this year. This retreat happened as the company lowered its forward guidance, citing Donald Trump’s tariffs. It expects that its comparable revenue growth will be between 5.5% and 6%.
Commerzbank
Commerzbank is another top DAX Index company to watch next week as it releases it numbers. Its stock price has moved into a correction after falling by almost 20% from its highest point this year. It remains about 130% above its lowest level this year.
Commerzbank stock has jumped in the past few years because of the pursuit from Unicredit, a top Italian bank, which owns about 28% of the company.
The stock has pulled back in the past few months as Germany politicians will likely reject the combination. Also, Andrea Orcel, Unicredit’s CEO, has started to feel jittery about the deal as the stock has surged.
Odds are high that the company will publish strong financial results, mirroring those of Deutsche Bank and other European banks like UniCredit and Barclays.
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BMW
BMW is another top company in the FTSE 100 Index to watch this week as it releases its numbers, which will shed more color on the impact of Donald Trump’s tariffs.
BMW, which also owns brands like Rolls-Royce and Mini, has come under intense pressure in the past few weeks, stalling the recent rebound. It has dropped by about 10% from its highest level this year. It remains about 20% below the highest level in 2024.
BMW, unlike Volkswagen Group, will likely report a smaller charge because of its presence in the United States, where it runs its biggest plant at Spartanburg, South Carolina. It produces over 400,000 vehicles a year.
The other top companies in the DAX Index to watch will be firms like Henkel, Continental, Vonovia, Fresenius, and Daimler Truck. Daimler Truck stock price has crashed by 23% from its highest level this year after Trump proposed more tariffs on heavy trucks.
Read more: Ford stock C&H pattern points to a surge to $20 as catalysts rise
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