The DAX 40 edged 0.3% higher toward 25,200 on Friday, extending gains into a second session in step with the cautious tone across European equity markets. Hopes that negotiations between the US and Iran will continue despite the latest exchange of fire in the Middle East pressured oil prices and underpinned risk sentiment. According to some reports, the White House is preparing for a “prolonged but controlled escalation” with Tehran, rather than a full-scale conflict.
Technology stocks came under renewed pressure as investors shifted their attention to the closely watched US market debut of South Korean chipmaker SK Hynix. By contrast, telecommunications names outperformed, with Deutsche Telekom climbing 2.9% after JP Morgan initiated coverage with a “buy” rating. On the downside, chipmaker Infineon Technologies fell 2.7%, while AI‑exposed Siemens Energy slipped 1.6%. For the week, the DAX 40 remained on track for a loss of more than 2%.
