DAX
DAX Edges Higher

Frankfurt’s DAX 40 rose 0.5% to around 25,300 on Wednesday, holding close to the highest level since January, following a weak session the day before. Investors awaited concrete developments in US-Iran negotiations despite renewed tensions, anticipating that a deal could be achieved and restore energy flows through the Strait of Hormuz. The auto sector led the gains, buoyed by Volvo’s strong performance. Continental, Daimler Truck, Mercedes-Benz Group and Volkswagen advanced more than 2% each. Adidas, Symrise, MTU Aero Engines and Heidelberg Materials also advanced firmly, adding between 2.5% and 3.2%. On the downside, E.ON (-2.6%) and RWE (-2.4%) posted the biggest losses.
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