At the start of the week the German market gained strongly. By the Xetra trading close the DAX was quoted at 22,654 points, a rise of 1.2 % on the previous trading day.
Andreas Lipkow, chief market analyst at CMC Markets, said that point 12 brought both relief and hope, propelling the DAX by about 1,000 points. “There is relief that no ultimatum expires tonight and hope that the dynamics of the Middle‑East conflict might shift towards de‑escalation” he commented.
He warned that the Iranian side would apparently remain unaware of the “very constructive talks” Trump referred to, describing a complete and final settlement of the hostilities. “In the coming hours the market will decide whether these gains are sustainable or whether fear will return after the trading session ends on Wall Street” Lipkow added. “The news environment remains very opaque, so markets will stay on edge for the next hours and days”.
Investors are given little breathing room and most will stay on the sidelines, holding cash while watching the alleged negotiations unfold. Early movers could be surprised by what comes next.
In Frankfurt, just before the close, shares of Brenntag, Siemens Energy, Heidelberg Materials and Commerzbank led the upward move, while Zalando’s stock lagged.
Gas prices fell: a megawatt‑hour (MWh) of gas for April delivery was 57 €, a 4 % drop from the day before. Assuming the level remains, that would translate into a consumer price of roughly ten to twelve cents per kilowatt‑hour (kWh) including taxes and other charges.
Oil also fell sharply. A barrel of Brent from the North Sea was 103.70 USD in the late morning, down 8.48 USD, or 7.6 % from the previous close.
The euro strengthened in the afternoon. One euro was worth 1.1588 USD, implying an exchange rate of 0.8630 EUR per US dollar.