The DAX ended trading on Monday up 0.6 percent at 25,140 points. The move followed news of an understanding between the US and Iran on further negotiations.
On Monday the German benchmark index initially reacted cautiously to developments in the Middle East. In morning trading it remained in a sideways movement before turning positive in the afternoon with the opening of US markets.
At the close the DAX stood at 25,140 points, 0.6 percent higher than the previous day. On Friday it had finished at 24,985 points.
At the same time the United States and Iran reached an understanding in Switzerland on the next steps toward a final agreement within 60 days. After 18 hours of talks the mediators Qatar and Pakistan announced the conclusion of the first round.
US Vice President JD Vance struck an optimistic tone: “We have not built the house yet, but we have created a successful foundation to achieve a good result for the American people.”
