نقلاً عن Marktbericht: DAX startet an großem Verfallstag höher

News Brief: The DAX index rose by 1.1% to 23,087 points at the week’s end, buoyed by falling oil prices, but volatility is expected due to the expiration of options and futures on this ‘Hexensabbat’.

The German stock market rebounded from a previous decline, driven by hopes for a quicker resolution to the Middle East conflict. Following a 2.8% drop the day before, the DAX’s increase signals a potential weekly loss of 1.5%. Oil prices, which surged to $120 due to supply concerns, have eased slightly, with Brent crude at $106.57 and WTI at $94.06. Analysts predict sustained high oil prices amid ongoing geopolitical tensions. Today’s ‘Hexensabbat’ could lead to significant market fluctuations as futures and options contracts expire, often resulting in increased trading volumes. Additionally, Vincorion, a defense supplier, debuted on the Frankfurt Stock Exchange, reflecting growing investor interest in the defense sector amid heightened demand for military supplies. In other markets, Asian stocks showed slight gains, while U.S. markets faced inflation concerns linked to energy prices. Gold and silver prices fell sharply, impacting mining stocks significantly.

Original Source: www.tagesschau.de