15.04.2024 10:50:59 - dpa-AFX: DAX Rallies As Israel Weighs Response To Iran's Attack

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks rallied on Monday amid
hopes that the Middle East conflict could be contained.

Iran told the United Nations the barrage of drone strikes fired on Saturday
towards Israel was a 'legitimate' defensive response to the attack in Damascus
on April 1, which killed seven members of Tehran's Revolutionary Guard,
including two generals.

It added on social media that 'the matter can be deemed concluded' but warned
that 'should the Israeli regime make another mistake, Iran's response will be
considerably more severe'.

The benchmark DAX was up 143 points, or 0.80 percent, at 18,073 after ending 0.1
percent lower on Friday.

In corporate news, sportswear maker Adidas jumped 4.4 percent after Morgan
Stanley upgraded its rating on the stock to 'overweight' from 'underweight.'



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CAC 40 969400 Paris 8.065,15 29.04.24 18:05:02 -23,09 -0,29% - - 8.116,43 8.088,24
FTSE 100 969378 Financial Times SE 8.147,03 29.04.24 17:35:30 +7,20 +0,09% - - 8.139,83 -
DAX ® 846900 Xetra 18.118,32 29.04.24 17:50:00 -42,69 -0,24% - - 18.162,15 18.161,01
E-STOXX 50 ® 965814 STOXX Ltd. 4.981,09 29.04.24 17:50:00 -25,76 -0,51% 0,000 - 5.014,22 5.006,85

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH