The DAX traded essentially flat on Thursday morning, hovering around 24,941 points, as investors appeared to absorb the latest escalation in the Iran conflict without triggering a fresh wave of selling.
The benchmark index showed little directional bias in early trading, maintaining its level despite the heightened geopolitical risk that has dominated headlines in recent days.
2% to close at 24,800 points amid fears of broader regional disruption.
This stability marks a shift from Wednesday’s session, when the German index fell 2.2% to close at 24,800 points amid fears of broader regional disruption.
The market’s ability to stabilize suggests that the initial shock of the ceasefire collapse and subsequent US strikes has been largely priced in, with traders now focusing on the duration of the conflict rather than its immediate onset.
Oil prices remain elevated, reflecting persistent concerns over shipping disruptions in the Strait of Hormuz.
The energy complex continues to act as a drag on broader equity sentiment, particularly for European industrials and consumer-facing sectors that are sensitive to input costs.