DAX Advances on Monday
Frankfurt's DAX 40 rose 0.6% to around 25,450 on Monday, following a weak performance the previous session, led by tech stocks, while continued declines in oil prices helped ease inflation concerns. Constructive US-China talks ahead of Thursday’s presidential meeting also supported sentiment. Meanwhile, Germany’s regional elections increased pressure on Friedrich Merz and his CDU, as populist parties gained ground on both the right and left. The CDU secured just 4.9% in Mecklenburg-Western Pomerania, falling out of the state parliament for the first time, while Die Linke emerged as the strongest party in Berlin. Amogn stocks, Siemens and Infineon Technologies were the top gainers, rising more than 2% each.
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6% to around 25,450 on Monday, following a weak performance the previous session, led by tech stocks, while continued declines in oil prices helped ease inflation concerns. Constructive US-China talks ahead of Thursday’s presidential meeting also supported sentiment. Meanwhile, Germany’s regional elections increased pressure on Friedrich Merz and his CDU, as populist parties gained ground on both the right and left. 9% in Mecklenburg-Western Pomerania, falling out of the state parliament for the first time, while Die Linke emerged as the strongest party in Berlin.
Amogn stocks, Siemens and Infineon Technologies were the top gainers, rising more than 2% each.