The DAX opened Monday at 24,719 points, essentially unchanged from the previous week’s close, as European equity markets began the session with minimal momentum.

The benchmark index showed little direction early on, following a Friday session where it had given up significant ground, closing down approximately 1.3 percent.

Traders appear to be adopting a wait-and-see stance, balancing the recent equity weakness against a backdrop of stabilizing oil prices.

Crude oil prices ticked higher in early trading, providing a modest counterweight to the equity softness.

The rise in energy costs reflects ongoing concerns regarding shipping routes and geopolitical stability in the Middle East, a theme that has kept a lid on broader risk appetite.

While the immediate impact on the DAX was muted, the firming oil market suggests that supply-side risks remain a key variable for European industrial and energy sectors.