DAX flat at 24,697 as European equities lack direction

The DAX traded largely unchanged on Monday, hovering around 24,697 points in afternoon trading.

The German benchmark index managed a modest recovery from the previous session's close, effectively erasing the losses incurred on Friday.

However, the index remained essentially flat compared to the prior week's close, reflecting a lack of decisive momentum in European equity markets at the start of the week.

Traders adopted a wait-and-see stance, with the benchmark showing little directional conviction early in the session.

The muted activity suggests that investors are pausing before committing to new positions, likely awaiting clearer signals on macroeconomic data or corporate earnings.

This hesitation is consistent with the broader European market sentiment, where indices opened with minimal movement and struggled to find a sustained upward or downward trajectory.