The German DAX index experienced gains at the start of the week, closing at 24,037 points, a 06 percent increase compared to the previous trading day
Strong performances were observed in shares of Rheinmetall, Sartorius and Commerzbank Conversely, Siemens Energy, Deutsche Börse and Eon registered declines
Market analyst Andreas Lipkow noted a decrease in trading momentum due to the US holiday, leading to reduced trading volume and activity within the DAX 40 He observed that the distribution of gainers and losers remained largely consistent, with continued focus on defense and pharmaceutical companies
Lipkow anticipates increased volatility and trading activity in the coming days, citing a historical pattern of September as a volatile month and the presence of numerous ongoing economic factors
The Euro strengthened marginally on Monday afternoon, trading at 11703 US dollars Concurrently, one US dollar was valued at 08545 Euros
Gold prices also rose, reaching 3,476 US dollars per troy ounce, a 08 percent increase, equivalent to 9549 Euros per gram
Oil prices experienced a notable increase, with Brent crude oil trading at 6816 US dollars per barrel, a gain of 68 cents, or 10 percent, from the previous close