The German stock market rose slightly on Monday, mainly benefiting from the rise in industrial production data for July in the country, as well as optimistic expectations regarding a possible rate cut by the Fed this month. Although a survey showed that investor confidence in the eurozone unexpectedly declined, investors reacted calmly to this.

The situation in France has attracted considerable attention, with Prime Minister François Borne facing an almost predictable failure in the confidence vote. This undoubtedly adds some uncertainty to the market.

The German DAX index rose slightly, up 175.68 points or 0.74% to 23,767.31 points as of recently. This rise is partly due to the positive performance of industrial production data. In July, German industrial production increased by 1.3% compared to the previous month, in contrast to a decline of 0.1% in June. Particularly in the machinery and equipment manufacturing sector, the growth rate reached 9.5%, contributing significantly to the overall improvement in industrial production data.

In terms of individual stocks, Adidas rose by about 2.75%, while commercial banks and Heidelberg Materials rose by 2.7% and 2.6%, respectively. Additionally, Zalando rose nearly 2%, and Infineon saw a rise of 1.85%. Siemens, Continental, RWE, Rheinmetall, and Vonovia all rose between 1% and 1.5%. Other companies such as E.On, Fresenius Medical, Henkel, Mercedes-Benz, Volkswagen, Deutsche Bank, BASF, BMW, Deutsche Börse, SAP, and Fresenius had increases ranging from 0.5% to 1%.

However, the stock prices of Hannover Rueck, Porsche, Daimler Truck Holding, Beiersdorf, Munich Re, Bayer, Sartorius, and Puma fell by 0.3% to 1%.

At the same time, Destatis data shows that Germany's foreign trade surplus decreased in July, as the decline in exports exceeded that of imports. Exports fell by 0.6% month-on-month in July, reversing the 1.1% rise in June, while imports dipped slightly by 0.1%, having risen by 4.1% in the previous month.

In the Eurozone, investor sentiment is not optimistic. The survey results for September show that the confidence index has dropped to its lowest level since April. The Sentix index unexpectedly fell to -9.2 in September, down from -3.7 in August, while the market had previously expected the index to rise to -2.2 in September.

So, what do you think about these changes? Do you have any opinions on the subtle changes in the German market and the impact of the trust vote in France? Feel free to share your thoughts in the comments! 😊