DAX Stalls While Oil Prices Surge 2.5%, Gas Costs Slide
Economy / Finance

DAX Stalls While Oil Prices Surge 2.5%, Gas Costs Slide

The DAX slipped slightly on Friday’s close, settling at 25,284 points, a few points lower than the previous day’s settlement. After a generally positive morning, the index temporarily fell in the afternoon before reclaiming the day’s level.

CMC Markets’ chief market analyst Andreas Lipkow noted that trading in Frankfurt remains relatively calm. He said that technical fundamentals currently support a continuation of the upward trend toward a 25,500 reading. However, he cautioned that uncertainties-upcoming U.S. economic data and potential escalations involving U.S. tariffs and the Middle East-are still weighing on investors. “No one wants to jump in too early before the weekend only to find out it’s still too cold” Lipkow added.

In the last trading session, the shares of Scout24 and Deutsche Telekom topped the Frankfurt price list, while Commerzbank’s stock finished at the bottom.

Gas prices fell: a megawatt‑hour (MWh) of gas for April delivery cost 32 euros, a 1 % drop from the previous day. If the level persists, that translates to a consumer price of roughly 8 to 10 cents per kilowatt‑hour (kWh), including taxes and fees.

Oil, by contrast, saw a strong rise. In the late afternoon (around 5 pm German time), a barrel of Brent crude fetched 72.52 USD-2.5 % higher than at the close of the preceding trading day.