Image: BBN TimesGermany's DAX 40 Leads European Losses at 24,671 as Tech Rout and Rheinmetall Overhang Drag Index Lower
• Germany's DAX 40 closed as the worst-performing major European index on Friday, June 26, 2026, dropping 1.25% to settle at approximately 24,671 points. • The decline was driven by a broader technology sector rout and a significant "overhang" affecting Rheinmetall, highlighting how political and budgetary shifts can disrupt defense procurement investments. • Despite the index loss, the ZEW Indicator of Economic Sentiment rose sharply in June 2026, marking its first positive reading since the start of the Middle East conflict.
bbntimes.com



