FX.co ★ DAX Rises to Over 3-Week High

Frankfurt’s DAX 40 rebounded on Monday, closing up around 1.2% at 25,015 — its highest level since mid-January and one of the strongest performances among major European indices. Gains were driven primarily by banks and industrials, with defense stocks such as Rheinmetall providing notable support. Commerzbank topped the leaderboard with a 3.7% rise, buoyed by robust earnings from Italian banking giant UniCredit, which is pursuing a takeover of the German lender. Other strong performers included Siemens Energy (+3.7%), Rheinmetall (+2.7%), Heidelberg Materials (+2.2%), and Siemens (+2.1%). On the downside, Fresenius Medical Care and Siemens Healthineers underperformed, losing 2.1% and 1.5%, respectively.