DAX Finishes on Higher Note

2026-03-23 17:02 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 closed about 1.2% higher at 22,595 on Monday, halting a three-day losing streak, amid hopes of a de-escalation in the US-Iran war.

President Trump earlier claimed that the US and Iran had held talks on the “complete and total resolution of hostilities” in the Middle East and that he would postpone attacks on Iranian power plants by five days after having “productive conversations” with Tehran.

However, Iran’s denial of any negotiations continues to cast uncertainty over the situation.

Industrials, tech and financials were among the top performers.

Brenntag and Siemens Energy led gains, rising 5.8% and 5.2%, respectively.

Heidelberg Materials, Siemens, Airbus, Continental, Commerzbank and Infineon also advanced firmly, adding between 3% and 4.5%.

On the flip side, Zalando, RWE and Vonovia were the top losers, falling 3.1%, 2.2% and 1.7%, respectively.



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Frankfurt's DAX 40 closed about 1.2% higher at 22,595 on Monday, halting a three-day losing streak, amid hopes of a de-escalation in the US-Iran war. President Trump earlier claimed that the US and Iran had held talks on the “complete and total resolution of hostilities” in the Middle East and that he would postpone attacks on Iranian power plants by five days after having “productive conversations” with Tehran. However, Iran’s denial of any negotiations continues to cast uncertainty over the situation. Industrials, tech and financials were among the top performers. Brenntag and Siemens Energy led gains, rising 5.8% and 5.2%, respectively. Heidelberg Materials, Siemens, Airbus, Continental, Commerzbank and Infineon also advanced firmly, adding between 3% and 4.5%. On the flip side, Zalando, RWE and Vonovia were the top losers, falling 3.1%, 2.2% and 1.7%, respectively.
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