FX.co ★ DAX Starts Week on Higher Note

Frankfurt’s DAX 40 climbed 0.5% on Monday to trade just below 24,900, its highest level since January 26, as global risk appetite strengthened. European stocks took their cue from Wall Street’s rebound on Friday and broad gains across Asian markets following the victory of Japan’s ruling party, with bank and industrial shares at the forefront of the advance. At the same time, investors remained focused on corporate results as earnings season progressed. Among individual movers, Rheinmetall rose 2.8% to rank among the strongest performers, followed by Siemens Energy (up 1.7%), Heidelberg Materials (1.5%), and Siemens (1%).