11:49 AM EST, 11/10/2026 (MT Newswires) -- German equities ended higher on Tuesday, with the blue-chip DAX index rising 0.47%, driven by lower oil prices, recovering tech shares and investors monitoring the ongoing corporate earnings season. Infineon Technologies (IFX.F) was up 1.46%, surging to one of the top spots on the DAX, after posting higher fiscal 2026 results. The German chipmaker projects revenue of 20 billion euros in fiscal 2027, an increase of over 20% year-over-year, alongside a 5-percentage-point improvement in profitability. "The key highlight, however, was the FY27 outlook, particularly the AI datacenter revenue target of EUR4bn. While the full-year revenue and profitability guidance is broadly in line with expectations, IFX has historically taken a conservative approach when setting its initial full-year guidance in November before consistently outperforming on a quarterly basis. As such, we believe the FY27 outlook may ultimately prove conservative. Following the significant share price correction and with the stock trading on around 18x 2027E P/E, we believe the outlook should help reinforce investor confidence in the company's earnings power and the structural growth underpinning the investment case," Metzler Capital Markets said. Meanwhile, Henkel's (HEN.F) final third-quarter results and upgraded 2026 outlook were consistent with the figures released in its unscheduled trading update published on Oct. 29. The chemicals company now projects organic sales to rise 3% to 4%, versus the previous 1.5% to 3.5% target, while constant-currency adjusted earnings per preferred share growth was increased to a mid-single-digit percentage range, compared with the earlier low- to high-single-digit percentage growth outlook. Henkel gained 3.35%, making it the top riser of the index. Siemens AG (SIE.F) agreed to acquire Lauterbach, a German developer of embedded software and system-on-chip architectures, to expand its electronic design automation portfolio and streamline embedded software development and verification. The German technology company ended the session 0.70% higher. In geopolitical news, oil prices are trending downward as Bloomberg News reported that US President Donald Trump is pursuing diplomacy with Iran after talks with Qatar's Prime Minister Mohammed bin Abdulrahman Al Thani. Trump said further strikes are unlikely as Iran's military capability is "effectively over," though the US remains "locked and loaded." An anonymous source quoted in the report noted that the US told the Qatari prime minister that diplomacy and ongoing economic pressure remain the approach to resolving tensions with Tehran.

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