The DAX accelerated its rebound from the opening bell to midday. By 12:30 p.m. it stood at 24,180 points, 1.6 % above the previous session’s close. The blue‑chip leaders were Infineon, Daimler Truck and Rheinmetall, while the laggards were Adidas, Bayer and Symrise.
“Investors are becoming more confident again and seem to be following the motto: buy when the cannons roar” said Andreas Lipkow, chief market analyst at CMC Markets. He cautioned that this enthusiasm might be premature given the still‑unsettled situation in the Middle East, where asymmetric warfare continues to create uncertainty and unpredictability.
Lipkow added that this wait‑and‑see stance forces investors to shed companies that may no longer meet expectations. The behavior is already visible in the shares of Adidas and Continental, where there is little room for patience-sell orders materialize almost immediately. He warns that such sentiment is likely to remain in European markets, where risk tolerance is currently low. “The overall market already carries too many systematic risks” Lipkow said.
At midday the euro was firmer: 1 EUR = 1.1648 USD, while 1 USD = 0.8585 EUR. Oil prices rose significantly; Brent crude traded at about 82.71 USD per barrel at 12:00 German time-an increase of 1.6 % from the previous close.
