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DAX embraced political turmoil.

DAX was up on Friday after testing the low level of 19110 in the last trading session as the DAX soared 1.7% on Thursday, following a 1.1% drop in the previous session that sent the benchmark index to one-month lows, amid concerns about the impact of the Donald Trump election in the European economy. The auto sector rebounded from a big hit on Wednesday, namely Mercedes-Benz (2.8%), BMW (2.9%), Porsche (4.2%) and VW (1.7%). At the same time, corporate results boosted investors' sentiment. Daimler Truck soared almost 5% after keeping its guidance. Also, Rheinmetall soared 9.3% after reporting a surge in Q3 sales and Munich Re added 0.3% after raising its 2024 insurance revenue forecast.