India, Feb. 26 -- Despite concerns about the impact of U.S. President Donald Trump's trade policies, German stocks are up firmly in positive territory Wednesday morning with investors reacting to quarterly earnings updates and news about Ukraine accepting an agreement on mineral rights with the U.S.
The benchmark DAX was up 265.22 points or about 1.2% at 22,661.21 a little while ago.
Shares of Munich Re are up 5.1%. The reinsurance major reported net earnings of 991 million euros for the fourth quarter, down 1.9% from last year's 1.011 billion euros. Earnings per share, however, edged up 0.4% to 7.54 euros from 7.51 euros last year.
E.ON is up nearly 4% after reporting fiscal 2024 net income of 4.5 billion euros compared to 517 million e...