empty
 
 

09.04.202616:33:04UTC+00DAX Closes in the Red

Frankfurt's DAX 40 closed about 1.1% lower at 23,807 on Thursday, erasing part of the previous session’s 5.1% surge, as investors weighed mounting uncertainty over a potential truce in the Middle East. Iran accused Israel of jeopardizing the fragile ceasefire with continued heavy airstrikes in Lebanon and warned it could abandon negotiations with the United States. At the same time, the Strait of Hormuz remains largely blocked, pushing oil prices higher again amid fears of prolonged supply disruptions.

On the corporate front, SAP was the session’s worst performer, dropping nearly 7%, while Airbus and Siemens declined 2.3% and 1.8%, respectively. Auto stocks also came under pressure, led by Mercedes-Benz, which slipped 1.6% after reporting a fall in first-quarter car sales. In contrast, Brenntag (+2.9%), BASF (+2.6%) and Hannover Rück (+2.1%) stood out as the top gainers.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback