Notable positive performers included shares in Rheinmetall, Sartorius and Commerzbank Conversely, Siemens Energy, Deutsche Börse and Eon registered declines
Market analyst Andreas Lipkow observed a decrease in trading momentum due to the US holiday, resulting in reduced trading volume and activity within the DAX 40 “The distribution of winners and losers remains largely unchanged, with a continued focus on defense and pharmaceutical companies” Lipkow stated
He anticipates increased volatility and activity in upcoming sessions, citing historical data indicating September as a typically volatile month with numerous influencing factors
The Euro strengthened slightly on Monday afternoon, trading at 11703 US dollars, while the US dollar was valued at 08545 Euros
Gold prices also saw an increase, reaching 3,476 US dollars per fine ounce, a gain of 08 percent, equivalent to 9549 Euros per gram
Oil prices rose noticeably, with Brent crude futures closing at 6816 US dollars per barrel, an increase of 68 cents or 10 percent from the previous close
