17.04.202608:23:48UTC+00DAX Approaches Pre-War Levels

The DAX edged up 0.2% on Friday, approaching the 24,200 mark, a level last seen on March 2, and remained on course to end the week about 1.5% higher. Market sentiment was buoyed by growing optimism that tensions involving Iran could soon ease, potentially paving the way for the reopening of the Strait of Hormuz.

US President Trump said it was “looking very good” that a deal with Iran could be reached, adding that talks might resume over the weekend. He also asserted—without providing evidence—that Iran had agreed to terms it had previously opposed.

Among individual stocks, SAP was a standout performer, climbing 2.6%. Deutsche Telekom and Airbus each gained 0.6%, while BMW advanced 0.5%. On the downside, Mercedes-Benz slid nearly 4%, posting its third straight session of losses. RWE declined 2%, and Bayer fell 1.4%, both finishing firmly in negative territory.