DAX holds well on expiration day - Befesa significantly firmer after UBS buy rating - Stabilus under pressure after restructuring - FedEx impresses with strong Q1 results and optimistic outlook!

The DAX is showing a positive trend on the last trading day of the week. After starting slightly higher following positive U.S. cues, the German benchmark index is currently holding steady, marking a slight decline of -0.15 %. Given today's quadruple witching day at the futures markets ("Triple Witching Hour"), volatility is expected to remain above average this Friday. The U.S. indices were able to close stronger on Thursday in the wake of the U.S. interest rate decision. The S&P500 rose by 0.5%, while the Nasdaq index closed significantly...