The DAX Index Opens 1.26% Higher

Frankfurt's DAX 40 rose more than 1% to 25,440 on Monday, extending last week's 1.1% gain, as easing US-Iran tensions and lower oil and bond yields lifted risk sentiment ahead of a busy week of central bank meetings and earnings from major technology companies. Brent crude retreated from two-month highs, easing inflation concerns and prompting investors to scale back expectations for further policy tightening. Travel stocks led the gains on hopes that lower fuel costs will support margins and consumer spending, with Lufthansa jumping more than 3%. Chipmaker Infineon added 0.9% after the strong stock market debut of Chinese semiconductor firm CXMT, while construction group Hochtief fell 2.3% ahead of its quarterly earnings release after the close. Investors now await policy decisions from the US Federal Reserve and the Bank of England later this week, along with a fresh batch of European inflation data, for further clues on the interest rate outlook.

The DAX Index is up by 316 points or 1.26 percent on Monday. Top gainers are Zalando (2.48%), Volkswagen (2.43%) and Vonovia (2.12%).

The DAX Index went up by 336 points or 1.36 percent on Friday to close at 25099 points. The rise was led by SAP (10.07%), Siemens Healthineers (2.81%) and Fresenius (2.22%).