30.03.202609:32:50UTC+00DAX Moves Into Positive Territory

Frankfurt's DAX 40 edged into positive territory on Monday, trading around 22,340 points, even as concerns intensified over the Middle East conflict and signs of its economic fallout grew. Although former US President Trump signaled that a deal with Iran remains possible, he also spoke of a desire to “take the oil,” hinting at a potential ground operation targeting Kharg Island. Adding to the geopolitical risk, Yemen’s Houthi rebels, allies of Tehran, have now become directly entangled in the regional escalation.

Investors are closely watching Germany’s March inflation figures, due later today. Preliminary data from four key federal states indicate that inflation has accelerated to between 2.5% and 2.8%, largely driven by energy price shocks linked to the ongoing US–Israeli conflict involving Iran.

On the corporate front, RWE, MTU Aero Engines, Fresenius SE & Co., and Rheinmetall led the gains on the DAX, each advancing more than 1%. At the other end of the index, Zalando fell nearly 2%, while Siemens Energy dropped about 1.4%. Banking and automotive stocks also came under pressure.