German stocks moved higher on Tuesday as oil prices fell amid Middle East peace hopes following Iran and Israel agreeing to halt attacks against each other.
Data showing an increase in Germany’s industrial output in the month of April, and a faster pace of growth in exports contributed as well to the positive sentiment in the market.
The benchmark DAX was up 129.56 points or 0.53% at 24,771.41 a little over half an hour before noon.
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DAX Climbs Higher On Middle East Peace Hopes, Encouraging Economic Data
2026-06-09 09:33:25
