The DAX Index Opens 0.89% Higher

Frankfurt's DAX 40 rose 0.6% to around 25,450 on Monday, following a weak performance the previous session, led by tech stocks, while continued declines in oil prices helped ease inflation concerns. Constructive US-China talks ahead of their presidents' meeting on Thursday also supported sentiment. Meanwhile, Germany’s regional elections dealt a major blow to Friedrich Merz and his CDU, with populist parties gaining ground on both the right and left. The CDU secured just 4.9% in Mecklenburg-Western Pomerania, falling out of the state parliament for the first time, while Die Linke emerged as the strongest party in Berlin. Siemens and Infineon Technologies were the top gainers, each rising more than 2%. Other strong performers included MTU Aero Engines, Commerzbank, Deutsche Bank, Deutsche Post, Siemens Energy and SAP. On the downside, Daimler Truck, Volkswagen, Henkel and Adidas were the biggest decliners, each falling more than 1%.

The DAX Index is up by 224 points or 0.89 percent on Monday. Top gainers are Siemens (2.88%), Infineon (2.63%) and MTU Aero Engines AG (1.97%). Biggest losses came from Porsche Automobil (-2.96%), Volkswagen (-1.25%) and Adidas (-1.16%).

The DAX Index decreased 413 points or 1.60 percent on Friday to close at 25304 points. The decline was led by Volkswagen (-5.97%), Porsche Automobil (-5.19%) and Mercedes-Benz AG (-4.76%).