DAX Moves Into Positive Territory
2026-03-30 09:32
By
Luisa Carvalho
1 min. read
Frankfurt's DAX 40 turned slightly positive to trade around 22,370 on Monday, despite mounting concerns over the Middle East conflict and evidence of its economic impact.
While US President Trump indicated that a US-Iran agreement remains possible, he also suggested a preference to “take the oil,” implying a potential ground operation at Kharg Island.
Complicating matters, Yemen’s Houthi rebels, allies of Tehran, have become directly involved in the regional tensions.
On the data front, preliminary figures showed German inflation picked up to 2.7% in March 2026, from 1.9% in February, driven by energy price shocks from the ongoing US–Israeli war involving Iran.
RWE, MTU Aero Engines, Fresenius SE & Co and Rheinmetall were the top performers, each rising more than 1%.
On the downside, Zalando lagged with a nearly 2% decline, followed by Siemens Energy (-1.4%).
Banks and autos also faced pressure.