Germany's DAX index gains for the 3rd consecutive day.

Influenced by the movements of investors worldwide awaiting the speech of Jerome Powell, Chairman of the Federal Reserve Board (FRB), at the Jackson Hole Economic Symposium, the German DAX rose by 0.3% and extended gains for the third day.

Investors are focusing on potential signals regarding future monetary policy, particularly the possibility of an FRB rate cut in September.

Leading the DAX index were major companies such as Siemens, Deutsche Telekom, Airbus, and Allianz, showing increases ranging from 0.2% to 0.6%.

In contrast, SAP se-sponsored adr fell by nearly 0.5%.

Banks including deutsche bank and Commerzbank each rose by more than 1% and outperformed.