Ceasefire in the Middle East Conflict and Falling Oil Prices Push DAX Higher at Week’s Start - LPKF Laser Strengthens Significantly After Warburg Upgrade - Lufthansa, Fraport, and TUI in Demand Following Oil Price Drop - SAP Benefits from Recovery in Software Sector - FUCHS Weakens After Downgrade - American Express Under Pressure Following Disappointing Outlook!
Reading Time: 5 minutes
The DAX starts the week with significant gains in trading, following a sharp decline in oil prices after a ceasefire agreement in the Middle East conflict was reached over the weekend. After the DAX opened with a gap-up in the morning, the German benchmark index has expanded its initial gains by noon, rising by approximately +1.60% . Among the top gainers on the floor are heavyweight stocks from the software segment, which had recently faced declines due to concerns over potential AI disruption. Notably, industry leader SAP stands out, with the...
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