Top DAX Index shares to watch: Rheinmetall, Commerzbank, Lufthansa, and more

The DAX Index has rebounded in the past few weeks, moving from a low of €21,870 in March to €24,290. It is now hovering near its all-time high as focus remains on the upcoming earnings by some of the top companies like Commerzbank, Daimler Truck, Lufthansa, Rheinmetall, and Siemens Healthineers.

Daimler Truck Holdings 

Daimler Truck Holdings stock price pulled back last week after President Donald Trump threatened a 25% tariff against European cars and trucks.

The stock will be in the spotlight this week as it releases its financial results, which will provide more color on the impact of the war on its business.

The most recent results showed that the company’s business remained under pressure last year as truck sales dropped. It sold 422,510 vehicles last year, down from 460,409 in the previous year.

As a result, the total revenue dropped from €54 billion to €49.2 billion, while its net profit fell to €2 billion. Therefore, the upcoming results will provide more color on whether its business returned to growth in the first quarter.

Rheinmetall 

Rheinmetall, the biggest defense contractor in Europe, has come under pressure this year despite having clear tailwinds. It crashed from a high of €2,005 in September last year to €1,355 today.

The company’s business is expected to attract more demand for its products amid the ongoing Iran war. Its most recent results showed that its sales jumped by 29% last year to €9.9 billion, while the operating profit soared by 33% to €1.8 billion.

Most importantly, the company's backlog continued soaring to over €71 billion, a trend that may continue in the coming months as the Iran war continues. 

The ongoing retreat is likely because of the changing state of warfare as the impact of drones continue. It is also seeing higher costs as key prices like energy and metals soar.

Commerzbank

Commerzbank stock price has done well in the past few years, moving from €4.5 in March 2022 to €35.20 today. This growth is mostly because of the ongoing surge among other European banks like Lloyds and Deutsche Bank.

It also happened amid the ongoing pursuit by Unicredit, a top Italian bank. In a recent report, the company made the case for its bid for Commerzbank, a decision that the German government has resisted.

Commerzbank will respond to the recent Unicredit presentation when it publishes its financial results on Friday this week. Just last week, Deutsche Bank published strong financial results, pointing to more trading and net interest income.

Lufthansa Airlines 

Deutsche Lufthansa stock price will be in the spotlight as it releases its results on Wednesday. These numbers come as the stock has crashed by over 24% from its highest point this year.

These results will provide more color about its business as the civil aviation industry faces its biggest test in years as jet fuel prices soar. As a result, the company has canceled over 20,000 flights in a bid to focus on the most profitable routes.

Its results will provide information about its impact on its business and what to expect as the Iran war continues.

More DAX companies will publish their results this week. The most notable ones will be Siemens Healthineers, Covestro, HeidelbergCement, Vonovia, and Infineon.