empty
 
 

22.04.202609:42:39UTC+00DAX Trims Gains

Frankfurt's DAX 40 trimmed earlier gains to hover around 24,300 on Wednesday, as uncertainty over the Middle East conflict lingered despite US President Donald Trump announcing an extension of the ceasefire with Iran to allow time for a comprehensive agreement. At the same time, he confirmed that the US would maintain its naval blockade of Iranian trade flows, a move Tehran considers an act of war. An Iranian adviser described the ceasefire extension as a pretext for a surprise attack, while reports indicated renewed incidents in the Strait of Hormuz.

Technology stocks continued to lead the market. Infineon climbed 3.2% and Siemens advanced 1.5%, buoyed by strong first-quarter results from ABB and gains in chipmaker ASM. On the downside, Deutsche Telekom fell 3.1%, to the bottom of the index, following reports that it is considering a full merger with its US mobile subsidiary, T-Mobile US.

  • 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