15.12.202508:52:55UTC+00DAX Kicks Off Week on Higher Note

On Monday, the DAX experienced a modest increase, climbing by 0.4% to approach the 24,290 mark, rebounding from its previous decline on Friday and mirroring the performance of other European markets. Investors are bracing for a critical week dominated by significant economic data releases and announcements from central banks. The European Central Bank (ECB) is anticipated to hold interest rates steady while likely revising its GDP growth forecasts upward. Geopolitical developments, particularly the ongoing US-Ukraine discussions, are also in focus after President Zelenskiy indicated a willingness to step back from pursuing NATO membership. In stock performance, Fresenius SE & Co, Siemens Energy, Porsche AG, Zalando, and Continental led the gains with increases between 1% and 2.5%. Conversely, companies in the defense sector, such as Rheinmetall, Renk, and Hensoldt, faced notable losses, declining by 2.3%, 1.8%, and 0.7%, respectively.