DAX Hit 3-Month Highs
2026-05-25 07:43
By
Luisa Carvalho
1 min. read
Frankfurt's DAX 40 rose 0.7% to cross the 25,000 mark on Monday, the highest since late February, buoyed by signs that the US and Iran were moving closer to reach an agreement that could reopen the Strait of Hormuz.
President Trump said negotiations between the United States and Iran are “proceeding in an orderly and constructive manner,” stressing that both sides “must take their time and get it right as that there can be no mistakes.” This prompted a sharp decline in oil prices, easing concerns about inflation and a global economic slowdown.
Most sectors traded higher, led by energy-sensitive industrials and banks.
MTU Aero Engines led the way, climbing nearly 6%, followed by Heidelberg Materials, Continental, Airbus, Siemens and Siemens Energy, with gains between 2%-3%.
Commerzbank and Deutsche Bank rose 1.7% and 1.6%, respectively.