DAX at Near 1-Week High
2026-04-14 16:06
By
Luisa Carvalho
1 min. read
Frankfurt's DAX 40 closed about 1.3% firmer at 24,044 on Tuesday, a near one-week high, amid renewed optimism over a potential resolution to the Middle East conflict.
According to insiders, the negotiating teams from the US and Iran could return to Islamabad for peace talks as early as this week.
In the meantime, both Saudi Arabia and China have opposed the US blockade of Iranian ports that began Monday, casting doubt on its viability.
Meanwhile, investors monitored quarterly earnings reports from both sides of the Atlantic.
Most sectors recorded gains, with banks, tech and industrials among the top performers.
Siemens topped the index with a gain of over 4%.
Other notable advancers included Deutsche Bank, Infineon Technologies, Volkswagen, MTU Aero Engines, Merck and Siemens Energy., adding between 2.9%-3.9%.
On the downside, BASF and Brenntag emerged as the biggest laggards, losing 1.7% and 1.6%, respectively.