DAX Struggles for Direction

2026-04-07 12:41 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 is experiencing a volatile session on Tuesday, as investors closely watched the evolving situation in the Middle East ahead of the expiration of President Trump's ultimatum to Iran.

Pakistani officials said that the US and Iran are holding last-ditch talks through intermediaries in Islamabad.

Iran previously dismissed a proposed 45-day ceasefire, saying it wants a permanent end to hostilities instead of a short-term pause.

Meanwhile, reports that the US has struck military targets on Iran’s Kharg Island, coupled with escalating rhetoric from Washington, have heightened uncertainty.

Industrials and consumer cyclical sectors were the hardest hit, while chemical and media stocks advanced the most.

In equities, Heidelberg Materials led the losses, slipping 3%, followed by Rheinmetall (-1.9%), Airbus (-1.4%), Siemens Energy (-1.3%), Adidas (-1.3%) and Qiagen NV (-1.1%).

On the upside, BASF (2.8%), Fresenius Medical Care (2%) and Brenntag (1.9%) posted the biggest gains.



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Frankfurt's DAX 40 is experiencing a volatile session on Tuesday, as investors closely watched the evolving situation in the Middle East ahead of the expiration of President Trump's ultimatum to Iran. Pakistani officials said that the US and Iran are holding last-ditch talks through intermediaries in Islamabad. Iran previously dismissed a proposed 45-day ceasefire, saying it wants a permanent end to hostilities instead of a short-term pause. Meanwhile, reports that the US has struck military targets on Iran’s Kharg Island, coupled with escalating rhetoric from Washington, have heightened uncertainty. Industrials and consumer cyclical sectors were the hardest hit, while chemical and media stocks advanced the most. In equities, Heidelberg Materials led the losses, slipping 3%, followed by Rheinmetall (-1.9%), Airbus (-1.4%), Siemens Energy (-1.3%), Adidas (-1.3%) and Qiagen NV (-1.1%). On the upside, BASF (2.8%), Fresenius Medical Care (2%) and Brenntag (1.9%) posted the biggest gains.
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