DAX Rallies to 7-Week High

2026-04-17 16:13 By Agna Gabriel 1 min. read

The DAX jumped more than 2% to close near 24,700 on Friday, its highest level since February 27, after Iran said the Strait of Hormuz had been fully reopened to commercial shipping.

The sharp rebound followed signals from US President Donald Trump suggesting the war could be nearing an end, adding to improving risk sentiment.

Sentiment was further supported by a 10-day ceasefire between Israel and Lebanon that came into effect on Thursday, helping lift global equity markets.

Infineon surged more than 6%, while Airbus gained nearly 5%.

Siemens and Siemens Energy both advanced over 3%, and SAP along with Deutsche Bank rose more than 2.5%.

Gains were also seen in Deutsche Telekom, Allianz and Munich Re.

In contrast, utilities and select industrial names lagged, with RWE falling 4% and E.ON down nearly 2%.

Mercedes-Benz slipped close to 2%, while Rheinmetall edged 0.6% lower.



News Stream
DAX Rallies to 7-Week High
The DAX jumped more than 2% to close near 24,700 on Friday, its highest level since February 27, after Iran said the Strait of Hormuz had been fully reopened to commercial shipping. The sharp rebound followed signals from US President Donald Trump suggesting the war could be nearing an end, adding to improving risk sentiment. Sentiment was further supported by a 10-day ceasefire between Israel and Lebanon that came into effect on Thursday, helping lift global equity markets. Infineon surged more than 6%, while Airbus gained nearly 5%. Siemens and Siemens Energy both advanced over 3%, and SAP along with Deutsche Bank rose more than 2.5%. Gains were also seen in Deutsche Telekom, Allianz and Munich Re. In contrast, utilities and select industrial names lagged, with RWE falling 4% and E.ON down nearly 2%. Mercedes-Benz slipped close to 2%, while Rheinmetall edged 0.6% lower.
2026-04-17
The DAX Index Closes 2.27% Higher
The DAX Index rose 548 points or 2.27 percent on Friday to close at 24702 points. Leading the gains are Infineon (6.29%), MTU Aero Engines AG (5.92%) and Continental (5.35%).
2026-04-17
DAX Approaches Pre-War Levels
The DAX rose 0.2% on Friday, nearing the 24,200 level, a mark not seen since March 2nd, and remained on track to close the week roughly 1.5% higher. Sentiment was supported by growing optimism that the conflict involving Iran could ease soon, potentially leading to the reopening of the Strait of Hormuz. US President Trump said it is “looking very good” that a deal with Iran could be reached, adding that talks may resume over the weekend. He also claimed, without providing evidence, that Iran had agreed to terms it has previously resisted. SAP was among the top performers with a 2.6% rise, while Deutsche Telekom (+0.6%), Airbus (+0.6%), and BMW (+0.5%) also advanced. In contrast, Mercedes-Benz dropped nearly 4%, marking its third consecutive session of losses. RWE (-2%) and Bayer (-1.4%) were also in negative territory.
2026-04-17