DAX Closes Slightly Higher

Frankfurt's DAX 40 pared some early gains to close about 0.5% up at 25,124 on Tuesday, as traders weighed prospects of a US–Iran agreement amid signs of easing Middle East tensions. US President Trump said talks with Iran were still underway and suggested an interim deal could be reached as early as next week, following a reported Israel–Hezbollah ceasefire in Lebanon. Meanwhile, Eurostat’s flash estimate showed inflation accelerating further in May, driven by volatile energy prices, highlighting persistent price pressures and reinforcing ECB rate-hike expectations. Among key movers, Infineon Technologies jumped over 9% to record highs, tracking a broader AI-led rally in semiconductor stocks. Deutsche Post rose over 3% following a buy recommendation from Kepler Cheuvreux. On the downside, SAP reversed early gains and slipped 3%. Bayer shares fell 2.9%, pressured by continued litigation risks in the United States.

The DAX Index went up by 121 points or 0.48 percent on Tuesday to close at 25124 points. The rise was led by Infineon (9.98%), Scout24 (5.24%) and Continental (3.03%). On the downside, the weakerst performers were SAP (-3.65%), Bayer (-2.93%) and Deutsche Boerse (-2.38%).

Frankfurt's DAX 40 rose more than 1% to around 25,265 on Tuesday, following a weak start to the month, as AI optimism about tech stocks outweighed uncertainty over a Middle East peace deal. US President Trump said he expected a deal with Iran on extending a ceasefire and reopening the Strait of Hormuz could be reached next week, hours after reports that the negotiations had been suspended. Lebanon also announced a partial ceasefire between Hezbollah and Israel, helping to ease tensions. Meanwhile, preliminary data showed Eurozone's inflation data rose further to 3.2% in May, matching forecasts, while core inflation surpassed expectations at 2.5%. Among key movers, Infineon Technologies surged 5.7% and SAP advanced 1.7%. Deutsche Post climbed over 3% after analysts at Kepler Cheuvreux issued a buy recommendation. Meanwhile, Siemens Energy edged lower after announcing the acquisition of Northern Ireland’s Camlin Group.