DAX Ends May Month Higher

The DAX Index went up by 12 points or 0.05 percent on Friday to close at 25105 points. The rise was led by Zalando (2.98%), SAP (2.93%) and HeidelbergCement (2.35%). On the downside, the weakerst performers were Beiersdorf (-3.54%), Bayer (-3.46%) and Siemens Energy (-2.11%).

The DAX 40 finished 0.1% higher at 25,113 on Friday and ended May up 3.4%, supported by rising hopes of a near-term US–Iran agreement. In the latest developments, US President Trump said he was meeting in the White House Situation Room to make a final determination on a deal with Iran. Meanwhile, oil prices fell to more than one-month lows, providing some relief to inflationary pressures. Flash estimates showed the EU-harmonised annual inflation rate in Germany eased to 2.7% in May from 2.9% in April, slightly below forecasts of 2.8%. SAP (+2.8%) and Zalando (+3.0%) were among the top performers, while Bayer (-3.9%), Siemens Energy (-2.8%), and Beiersdorf (-2.8%) underperformed.

Frankfurt's DAX 40 traded near the flatline around 25,100 on Friday, as investors remained cautiously optimistic regarding a possible agreement to end the Middle East conflict. Media reports said Washington and Tehran had a draft deal to extend the ceasefire by 60 days and proceed with talks on Iran’s nuclear programme and regional security, awaiting President Trump’s approval. In the meantime, US Vice President JD Vance stated that significant progress has been made, though work remains on several points. On the data front, attention will be particularly focused on preliminary German inflation figures for May. Most sectors traded higher, led by aerospace and defence, which saw sustained demand following a Russian drone strike on NATO member Romania. Airbus, MTU Aero Engines and Rheinmetall advanced 2%, 0.8% and 0.7%, respectively. The index was on track for a weekly gain of 0.9% and a monthly rise of more than 3%.