The benchmark DAX increased by 114.27 points, reflecting a rise of 0.47%, reaching a level of 24,381.07. German equities are experiencing a robust increase on Monday, as investors respond positively to U.S. President Donald Trump’s conciliatory remarks regarding trade relations with China.

Trump, who had earlier indicated the possibility of imposing significant new tariffs on China, stated over the weekend that all would be “fine” and that Washington was not aiming to “hurt” China. Rheinmetall, Deutsche Telekom, RWE, Munich RE, and Bayer are exhibiting signs of weakness.

Infineon Technologies is experiencing an increase of 2.75%. Fresenius Medical Care, BMW, and Continental have experienced an increase ranging from 1.8% to 2%. Deutsche Bank, Vonovia, BASF, Heidelberg Materials, Porsche Automobil Holding, Deutsche Post, Volkswagen, Siemens, GEA Group, and Mercedes-Benz have experienced an increase ranging from 1% to 1.5%.

Data indicated that Germany’s wholesale price inflation experienced an acceleration in September, with prices increasing by 1.2% year-on-year, subsequent to a 0.7% rise in August and a 0.5% increase in July. In the most recent month, wholesale prices increased by 0.2%, a notable shift from the 0.6% decline observed in August.