DAX largely gives up initial gains - Schott Pharma in flight after forecast upgrade - Nordex with strong order intake - chip stocks start significantly firmer after strong cues from Far East - DEUTZ with billion-dollar acquisition - defense sector under significant pressure after downgrades - AeroVironment surprises with ambitious mid-term goals!

The DAX presented itself significantly recovered on Thursday after the German benchmark index had to give up more than -2% on Wednesday due to the renewed flare-up in the Middle East conflict. Initially, the DAX had started trading with significant gains, mainly due to positive cues from Asia, but in the course of the day, it had to give up a large part of its profits amid fears of further escalation in the Middle East conflict and is hovering at midday with a slight increase of just under 0.2% below the 25,000 points mark . Particularly recovered...