DAX 40 Edges Up on Monday

2026-07-20 15:29 By Agna Gabriel 1 min. read

Frankfurt's DAX 40 edged higher to around 24,870 on Monday, after two straight weeks of losses driven by a correction in AI-related stocks and heightened geopolitical tensions.

Oil prices gave up earlier gains as investors weighed renewed diplomatic efforts against escalating conflict in the Middle East.

Brent crude slipped back below $88 per barrel after briefly approaching $90, as reports that mediators had proposed a pause in US-Iran hostilities helped ease concerns over threats by Yemen's Iran-backed Houthi rebels to maritime traffic from Saudi Arabia.

Strong gains in RWE, up 3.8%, Siemens Energy, up 3.3%, Fresenius, up 2.9%, and Zalando, up 2.2%, outweighed declines across several heavyweight stocks.

Airbus lost 1%, Deutsche Post fell 1.1%, Deutsche Bank slipped 0.6%, Merck eased 0.9%, BASF dropped 1%, while Mercedes-Benz, Deutsche Boerse, and BMW were also lower.



News Stream
The DAX Index Closes 0.06% Higher
The DAX Index rose 16 points or 0.06 percent on Monday to close at 24847 points. Leading the gains are RWE (3.57%), Siemens Energy (3.37%) and Fresenius (3.04%). Top losers were Brenntag (-2.38%), Bayer (-2.37%) and HeidelbergCement (-1.67%).
2026-07-20
DAX 40 Edges Up on Monday
Frankfurt's DAX 40 edged higher to around 24,870 on Monday, after two straight weeks of losses driven by a correction in AI-related stocks and heightened geopolitical tensions. Oil prices gave up earlier gains as investors weighed renewed diplomatic efforts against escalating conflict in the Middle East. Brent crude slipped back below $88 per barrel after briefly approaching $90, as reports that mediators had proposed a pause in US-Iran hostilities helped ease concerns over threats by Yemen's Iran-backed Houthi rebels to maritime traffic from Saudi Arabia. Strong gains in RWE, up 3.8%, Siemens Energy, up 3.3%, Fresenius, up 2.9%, and Zalando, up 2.2%, outweighed declines across several heavyweight stocks. Airbus lost 1%, Deutsche Post fell 1.1%, Deutsche Bank slipped 0.6%, Merck eased 0.9%, BASF dropped 1%, while Mercedes-Benz, Deutsche Boerse, and BMW were also lower.
2026-07-20
DAX Rebounds After Two Weeks of Losses
Frankfurt's DAX 40 edged higher to around 24,900 on Monday, attempting to recover after two consecutive weeks of losses driven by a sharp correction in AI-related stocks and escalating tensions between the US and Iran. Brent crude climbed to its highest level in more than a month after the two countries exchanged a series of retaliatory strikes, fueling inflation concerns. Investors are also looking ahead to Thursday's European Central Bank policy meeting, where rates are widely expected to remain unchanged following June's hike. However, markets continue to price in two additional ECB rate increases by early 2027, with the first potentially coming as soon as September. On the corporate front, the automotive industry is in focus after Tesla announced plans to rapidly expand production at its Grünheide plant near Berlin, while Salzgitter extended Friday's gains after the steelmaker raised its full-year earnings forecast.
2026-07-20