The German benchmark index began Monday’s trading session buoyantly. At 9:30 a.m. local time the DAX was quoted at roughly 24,848 points, a 0.5 % rise above Friday’s closing level. The best‑performing shares were Rheinmetall and Commerzbank, while the worst were Symrise, Siemens Healthineers and Daimler Truck.
Market analyst Andreas Lipkow said investors were relieved by the outcome of Japan’s election and the easing of tensions in the Middle East. The ruling Liberal Democratic Party won a two‑thirds majority in the lower house, giving the new prime minister, Sanae Takaishi, a powerful mandate that Lipkow described as “quasi‑one‑person rule”.
Lipkow also highlighted that the thawing U.S.-Iran tensions had calmed energy‑sector price swings, and that investors now felt more confident that the period of sharp volatility might be over. In the software sector, which had recently suffered heavy losses amid fears of disruptive AI impacts, a shift in sentiment was beginning to emerge.
On the currency front, the euro was stronger in the early morning. One euro bought 1.1858 U.S. dollars, and one U.S. dollar was worth 0.8433 euros.
Oil prices slipped as well. At about 9:00 a.m. German time, a barrel of North Sea Brent fetched $67.51-down 54 cents, or 0.8 %-from the previous day’s close.