---
title: "DAX Up Nearly 1% Around Noon; Delivery Hero Up Sharply"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283126055.md"
description: "German stocks are up, with the DAX reaching a near 7-week high, boosted by optimism over potential peace talks between the U.S. and Iran. The DAX rose 0.89% to 24,364.32, with notable gains from SAP (3.75%) and Delivery Hero (8.5%) after Uber increased its stake. However, Alstom's stock plummeted 30% after withdrawing its forecast. Eurozone exports fell 6.7% year-on-year in February, but the trade balance showed a surplus of EUR 11.5 billion, improving from January's deficit."
datetime: "2026-04-17T10:15:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283126055.md)
  - [en](https://longbridge.com/en/news/283126055.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283126055.md)
---

# DAX Up Nearly 1% Around Noon; Delivery Hero Up Sharply

(RTTNews) - German stocks are up firmly in positive territory around noon on Friday, lifting the benchmark DAX to a near 7-week high.

The mood in the market is a bit bullish amid optimism about an end to the U.S.-Iran conflict sometime soon. According to reports, peace talks between the warring nations are likely to resume this weekend.

The DAX was up 213.78 points or 0.89% at 24,364.32 a little while ago.

SAP climbed 3.75%. Deutsche Boerse gained 2.7% and Scout24 moved up 2%. Beiersdorf, Deutsche Telekom and Vonovia gained 1.5%, 1.4% and 1.2%, respectively.

Zalando, Symrise, Merck, MTU Aero Engines, Daimler Truck Holding, Infineon Technologies, Henkel, Hannover RE, Adidas, Rheinmetall and Munich RE posted moderate gains.

Delivery Hero shares jumped 8.5% as Uber agreed to buy an additional 4.5% stake in the German food delivery business.

Mercedes-Benz drifted down more than 4%. RWE shed 2.2% and E.ON slid 1.4%, while Bayer, Heidelberg Materials, Fresenius, Siemens Energy and Brenntag lost 0.6%-1%.

Train maker Alstom plummeted 30% after withdrawing its medium-term forecast. Despite recovering from the day's low, the stock was down more than 16% a little while ago.

In economic news, Eurozone exports decreased for the second straight month in February, data from Eurostat showed. Exports decreased 6.7% year-on-year in February, slower than the 7.7% fall in January. Likewise, imports dropped 2.2% from a year ago, following a 7.8% decrease in January.

As a result, the trade balance posted a surplus of EUR 11.5 billion, representing a substantial improvement from the EUR 1 billion deficit in January.

On a month-on-month basis, exports grew 0.9% in February and imports increased 3.5%. Consequently, the seasonally adjusted trade surplus fell to EUR 7.0 billion from EUR 12.8 billion in January.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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