The DAX opened Monday with gains, trading at about 24,970 points – roughly 0.2 % above the Friday close. The top of the sector list featured Scout24, Deutsche Bank, and Commerzbank, while MTU, Brenntag and Symrise sat at the bottom.
No U.S. market activity was expected during the day, as the U.S. exchanges were closed for Washington’s Birthday. Thomas Altmann of QC Partners noted that trading volumes will remain below average because of the holiday. However, he emphasized that lower volumes do not automatically mean low volatility, as a few large orders can still move the market.
Altmann said investor interest in the DAX remains strong. He pointed out that the previous three trading days were the highest‑volume days of the year to date, corresponding to days two through four of 2026. At a price just under 25,000 points, many traders are uncertain whether to buy or sell, which explains the prolonged sideways market that has been observed for weeks.
On the currency front, Monday morning the euro weakened: one euro was worth 1.1861 U.S. dollars, or conversely one U.S. dollar was 0.8431 euros.
Meanwhile, Brent crude oil fell. Near 9 a.m. German time, a barrel of Northern Sea Brent sold for $67.59 – 16 cents, or 0.2 %, lower than the previous day’s close.