German DAX continues to rise for 3 days

German DAX rose 0.3% and continued to grow for 3 days in response to global investor trends awaiting US Federal Reserve (Fed) Chairman Powell's speech at the Jackson Hole Economic Symposium.

Investors are watching for potential signals related to future monetary policy, particularly the possibility that the Fed will cut interest rates in September.

The DAX index was driven by major companies such as Siemens, Deutsche Telekom, Airbus, and Allianz, which showed an increase of 0.6% from 0.2%.

In contrast, SAP fell nearly 0.5%.

Banks, including Deutsche Bank and Commerzbank, each rose more than 1% and outperformed.