German stocks rose sharply on Monday, with the DAX gaining 348.52 points or 1.36% to 25,979.30, as easing geopolitical tensions and a surge in the manufacturing PMI boosted sentiment. Brent crude futures fell more than 4.5% from the previous close, easing inflation concerns, after U.S. President Donald Trump cancelled planned military strikes on Iran and said there is a good chance of progress in talks. S&P Global confirmed Germany's Manufacturing PMI at 52.2 in July, the highest in four months, up from 50.3 in June. SAP moved up 4.3%, while Siemens Healthineers, Adidas, Deutsche Telekom, Airbus, and Mercedes-Benz climbed 3% to 4%. Stabilus rallied 4.5% after reporting a sharp rise in third-quarter net profit helped by a one-off gain from the sale of subsidiaries.
Deutsche Telekom AG
SAP SE
adidas AG
Airbus Group SE
Mercedes-Benz Group AG
Siemens Healthineers AG
Stabilus SE