Oil price rally puts brakes on DAX at the start of the week - Nemetschek plummets after UBS downgrade - Lufthansa under pressure after oil price rise - Basler sought after Warburg upgrade - CME Group strengthens after Buy rating from Morgan Stanley!
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The DAX presents itself on Monday with declines following the failure of negotiations between Iran and the USA over the past weekend. After a weak opening, the DAX is down by -1.25% at midday, remaining in the red. Significant gains were noted at the start of trading, particularly among biodiesel manufacturer Verbio and Deutsche Rohstoff AG, buoyed by rising oil prices. Major players in the defense sector, such as Rheinmetall, TKMS, and Hensoldt , are also showing gains due to the worsening situation in the Middle East conflict. Among the mid-sized...
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