15.09.202515:58:12UTC+00DAX Ends Slightly Up

On Monday, the DAX in Frankfurt demonstrated some market volatility, ultimately closing with a modest gain of 0.2% at 23,736. Investors are preparing for key policy announcements from major central banks such as the US Federal Reserve, the Bank of England, the Bank of Japan, and the Bank of Canada. Analysts widely expect the US Federal Reserve to reduce interest rates by at least 25 basis points. Meanwhile, attention is also focused on France following Fitch's decision to downgrade its credit rating. This move was a result of escalating government debt and increasing political polarization, raising concerns about the size of France's forthcoming budget deficits. In terms of individual stock performance, reinsurance companies Hannover Re and Munich Re stood out with impressive gains of 3.6% and 2%, respectively. Other notable advancers included E.ON, which rose by 1.5%, Rheinmetall with an increase of 0.9%, and Porsche AG, edging up by 0.7%. Conversely, Bayer and Heidelberg Materials faced significant declines, dropping by 2.6% and 2.4% respectively.