FX.co ★ DAX Starts June on Cautious Note

Frankfurt’s DAX 40 hovered just above the flatline around 25,120 on Monday, reflecting a generally cautious market mood amid persistent tensions and uncertainty surrounding a potential peace agreement to end the Middle East conflict. The weekend saw a new round of reciprocal strikes between Iran and the United States, further weighing on sentiment. At the same time, continued optimism over artificial intelligence–related investments offered some support to the index. SAP and Infineon Technologies were among the top performers, gaining 2% and 1.8%, respectively. In contrast, pharma and healthcare stocks lagged, with Fresenius Medical Care down 3.1% and Bayer off 2%.