30 pm, a 0.8 percent increase from the previous day’s close. Market analysts attribute the growth to the rotation of sectors, with a focus on shares from companies such as Rheinmetall, Sartorius and Qiagen. Automotive sector shares, however, lagged behind, failing to attract investors.
The GfK consumer climate index, which has been declining, has surprised the market with a weaker-than-expected reading, leaving investors waiting for new catalysts, particularly from the United States. Upcoming data on US economic indicators, including durable goods orders, the US GDP and labor market statistics, are expected to provide the necessary impetus.
Meanwhile, the euro strengthened, with one euro exchanging for 1.1725 US dollars, while the dollar was valued at 0.8529 euros. The Brent crude oil price also rose, reaching 67.81 US dollars per barrel at 12 pm CET, a 0.2 percent increase from the previous day’s close.