Stock market: Dax continues recovery, Airbus and Daimler Truck in demand

The recovery rally in the DAX continued on Monday morning with moderate gains. The leading index continued its strong run of the past two trading weeks, gaining 0.50 percent to 22,354 points in the morning. The MDAX , which includes mid-cap companies, recently rose 0.54 percent to 28,4457 points. The Eurozone's leading index, the EuroStoxx 50, rose 0.56 percent to 5,182 points.

The US's negotiations with its trading partners will also be a focus at the start of the week. Recently, the US President had struck a slightly more moderate tone in the tariff conflict. "However, one shouldn't place too much hope that Trump will be dissuaded from his 'America First' course," stated expert Frank Klumpp of Landesbank Baden-Württemberg. The ongoing recovery in the stock markets is therefore unlikely to last much longer.

Chief Economist Ulrich Kater of Dekabank also emphasized that the recent negotiations did not change the US President's fundamental agenda. He wanted to continue to align the global economy more to the advantage of the US.

No relevant economic data is scheduled for Monday. Among the companies, Henkel is hosting its annual general meeting. Also in focus will be figures from Deutsche Börse and the Volkswagen Commercial Vehicles subsidiary Traton.

Among individual stocks, Airbus shares led the DAX with a gain of 2.2 percent. The world's largest aircraft manufacturer has now finally agreed to acquire some assets from Spirit Aerosystems. Airbus will receive $439 million to purchase the loss-making facilities that produce parts for the European aircraft manufacturer. The transaction is expected to close in the third quarter of 2025, subject to regulatory approval.

Buoyed by Traton , Daimler Truck also gained 1.8 percent, taking second place in the DAX. VW Truck Holding presented its quarterly figures this morning, prompting its share price to rise 5.0 percent, taking the top spot in the MDAX. Jefferies analyst Michael Aspinall highlighted the order situation as "still a bright spot." In Germany, for example, orders increased by more than half.

BASF gained 0.9 percent. According to the Dutch press, Akzo Nobel is interested in BASF's coatings division.

The shares of the two reinsurers Munich Re and Hannover Re , on the other hand, suffered losses of around 0.7 percent due to an analyst assessment by the British bank HSBC, which withdrew its buy recommendation for both stocks and downgraded them to "hold".

Investors on Asia's major stock exchanges weren't too keen on going out on a limb on Monday. The trade conflicts triggered by the US continue to cause uncertainty. Japan's Nikkei index rose 0.4 percent in late trading. The Hang Seng Index for the Chinese special administrative region of Hong Kong gained 0.07 percent, and the CSI 300 Index, which includes major mainland Chinese stocks, barely held on to gains.

Oil prices rose slightly on Monday. A barrel (159 liters) of North Sea Brent crude recently cost $67.08, up 21 cents. The price of a barrel of U.S. West Texas Intermediate ( WTI ) crude for delivery rose 29 cents to $63.31.