German stock DAX rose.

The German stock index (DAX) rose by 0.3% to 18,670. Amid market participants continuing to assess the impact of the latest economic indicators and their credit costs, the recent stock market decline rebounded from the slight decline in the previous session, which marked the second red session since hitting a bottom on August 5, and regained strong momentum.

The domestic consumer confidence index announced by GfK fell to its lowest level since May, contrary to expectations, and the poor results of yesterday's Ifo (German economic indicators) revealed the bleak economic sentiment in Germany.

Nevertheless, Porsche, Mercedes, and BMW showed a nearly 1% increase, while Continental showed a rise of over 3%.

In addition, BASF rose by 1%, Fresenius and Sartorius each rose by more than 1%, setting the pace for health care.