German stock market posts rise following announcement of reopening of Strait of Hormuz
Briana Lupea
(17 Apr 2026) RESTRICTION SUMMARY: ASSOCIATED PRESS Frankfurt, Germany - 17 April 2026 1. Various of Frankfurt stock market, board showing rise of DAX STORYLINE: Germany's DAX traded significantly higher on Friday following the announcement of the re-opening of the Strait of Hormuz. The prospect of the reopening of the key trade route had caused the stock exchange to rise by over 2%. It rose sharply above 24,600 points. In contrast, the price of oil fell sharply, providing relief to the stock
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