DAX Holds Strong Despite Escalation in the Middle East - Chip Stocks Show Significant Recovery - HUGO BOSS Rises Sharply After Takeover Bid - RWE Steady After Goldman Study - SAP Under Pressure After Mixed Oracle Numbers - Navan with Share Surge Following Strong Results!

The DAX presents itself on Thursday once again with slight declines. After the German leading index had to close at a daily low with a drop of around -2% due to the escalating Middle East crisis midweek, the DAX opened slightly weaker in the morning after the USA had again attacked targets in Iran. During the course of trading, the DAX managed to stabilize somewhat and is trading at noon with -0.1% slightly weaker. At the start of trading, shares of HUGO BOSS (9%) are in demand, after major shareholder Fraser Group submitted a takeover bid for...