The DAX Index Closes 1.18% Higher

Frankfurt's DAX 40 gained ground to close about 1.2% higher at 22,563 on Monday, snapping a two-day losing streak amid continued focus on the Middle East conflict. Treasury Secretary Scott Bessent confirmed US plans to reopen the Strait of Hormuz with military or multinational naval support, while G7 ministers pledged to safeguard energy markets. Meanwhile, Fed Chair Jerome Powell hinted at keeping interest rates unchanged in the short term, looking through the ongoing global energy price shock. On the data front, German inflation accelerated to 2.7% in March 2026, the highest since January 2024, from 1.9% in February, driven by energy price shocks from the ongoing US–Israeli war involving Iran. Among the top performers were SAP, RWE, Vonovia and Scout24, gaining 4.1%, 3.5%, 3.3% and 3.2%, respectively. On the flip side, Siemens Energy (-1.7%) and Commerzbank (-1.4%) posted the biggest declines.

The DAX Index went up by 262 points or 1.18 percent on Monday to close at 22563 points. The rise was led by Deutsche Boerse (2.85%), Rheinmetall (2.84%) and Hannover Rueck (2.83%).

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.