The DAX benchmark, which measures the performance of the 40 largest companies on the Frankfurt Stock Exchange, experienced significant gains on Monday, reaching an all-time high. The rally was primarily driven by increases in defense stocks, reflecting the heightened geopolitical tensions. The index is presently positioned 0.72 percent above its prior close, standing at 24,701.34 compared to the previous figure of 24,523.83. The trading session exhibited a fluctuation, reaching a peak of 24,834.55 and descending to a minimum of 24,635.5. Within the 40-scrip index, 21 scrips are currently positioned in the overnight red zone.

• Aerospace business Rheinmetall experienced an increase of nearly 7 percent.
• Siemens Energy experienced an increase of 4.4 percent.
• Infineon Technologies experienced an increase of 2.2 percent.
• Zalando experienced a downturn, registering a decrease of 2.7 percent.
• Volkswagen experienced a decline of 1.7 percent.

The U.S. dollar experienced an additional rally on Monday, resulting in a 0.21 percent increase in the six-currency Dollar Index, which reached 98.63. The EUR/USD pair experienced a decline of 0.32 percent, settling at 1.1683 after fluctuating within the bounds of 1.1672 and 1.1726. The EUR/GBP pair is currently positioned 0.37 percent lower at 0.8676. The EUR/JPY pair experienced a decline of 0.47 percent, settling at 182.96.

In conjunction with the worldwide decrease in bond yields, ten-year German bond yields decreased by 0.58 percent overnight, settling at 2.8823 percent. The yield, which stood at 2.8990 percent at the previous close, fluctuated between 2.9062 percent and 2.8809 percent during the day’s trading session.