DAX Closes Higher
2026-09-21 16:32
By
Luisa Carvalho
1 min. read
Frankfurt's DAX 40 extended early gains to close about 1.1% firmer at 25,575 on Monday, supported by lower oil prices and easing bond yields amid hopes of a diplomatic resolution to the Middle East conflict.
Sentiment was also lifted by constructive US-China talks ahead of this week’s Trump-Xi summit.
The discussions are expected to include AI, which boosted technology stocks such as Infineon Technologies (+4.2%).
Other top gainers included Siemens (+3.5%), MTU Aero Engines (+3%), Commerzbank (+2.8%) and Deutsche Post (+2.5%).
On the downside, Volkswagen fell 1.8% after being removed from the EURO STOXX 50 for the first time in 15 years, while a profit warning added to the pressure.
Meanwhile, traders digested the results of elections in Mecklenburg-Western Pomerania and Berlin, where parties on the right and left gained ground, raising pressure on Chancellor Friedrich Merz and his reform plans.