Deutsche Bank shares soaring: new buy signal after ceasefire!

Deutsche Bank shares soaring: new buy signal after ceasefire!

After the end of the fighting between Israel and Iran, the markets have seen a noticeable recovery movement. How deraktionaer.de reported, Deutsche Bank shares recorded a significant price gain and generated a buy signal. This positive signal is particularly notable as previous concerns about possible escalation in the Middle East, particularly after the US bombings of Iran's nuclear facilities, unsettled investors.

US President Donald Trump brokered a ceasefire between Israel and Iran, leading to US benchmark indexes all closing above 1% higher. The DAX rose by 1.6% to 23,641.58 points. Nervous markets expressed relief as uncertainty over possible escalations, such as the closure of the Strait of Hormuz, has been eliminated for the time being.

Positive market reactions

Deutsche Bank shares rose 5.3%, making them the second-best stock in the DAX, only surpassed by Heidelberg Materials, which rose 6.1%. Deutsche Bank's trading volume was 8.1 million shares, above its 30-day average of 6.5 million shares. The share exceeded the upper limit of the sideways trend at EUR 24.83, which generated a new buy signal. From an analyst perspective, the share's favorable valuation, with a price-earnings ratio (P/E) of 9, and its path to the annual high of EUR 25.50 are also encouraging.

The positive business sentiment in Germany, which according to the Ifo Institute has reached its highest level in over a year, reinforces investors' optimistic view. In addition, the new federal government is planning infrastructure investments of over 500 billion euros, which will lead to further price gains in the construction industry and thus also for Heidelberg Materials.

Market developments in detail

• Rüstungswerte wie Rheinmetall, Hensoldt und Renk verloren zwischen 3,1 und 3,4 Prozent.
• Reiseaktien erholten sich signifikant: Tui stiegen um 10,6 Prozent, Lufthansa um 6,5 Prozent.
• Continental-Aktien fielen um 2,9 Prozent aufgrund eines gesenkten Margenziels und der Trennung von Contitech.
• Aurubis-Aktien stiegen um 8,1 Prozent nach einer positiven Empfehlung der Investmentbank Oddo BHF.
• Hornbach Holding Aktien legten um 7,5 Prozent nach positiven Quartalszahlen zu.

Markets are celebrating the ceasefire and positive signals from the economy, suggesting a more optimistic climate for investors. Whether this trend will continue remains to be seen, but current trends in construction and travel show promising progress.