<div id="readability-page-1"><div> (RTTNews) - German stocks climbed higher on Wednesday despite concerns about inflation, possible rate hikes and lingering uncertainty about Iran and the U.S. reaching a quick peace deal. Weak oil prices helped lift sentiment. Brent crude futures fell below $98 a barrel after reports emerged that some LNG tankers have passed through the Strait of Hormuz in recent days, helping ease supply concerns amid prolonged West Asia conflict. U.S. Secretary of State Marco Rubio said a potential deal to end the Middle East conflict could &#34;take a few days&#34; amid unresolved issues surrounding Tehran's frozen assets and unrestricted passage through Hormuz. Iran condemned the recent self-defense strikes conducted by U.S. forces and said it would leave no act of aggression unanswered. Auto stocks found support after data showed European car sales climbed for the third successive month in April thanks to strong demand for electric and hybrid vehicles. The benchmark DAX was up 157.33 points or 0.62% at 25,363.25 about a quarter before noon. Adidas climbed 5.7%. Continental moved up 4.2% and Daimler Truck Holding gained nearly 4%, while Symrise advanced 3.75%. Heidelberg Materials, Mercedes-Benz, Volkswagen, MTU Aero Engines, Zalando, BMW, Beiersdorf, Porsche Automobil Holding, Siemens Healthineers and Qiagen gained 2%-3%. Vonovia, Merck, Siemens, Henkel, Deutsche Post, Infineon, GEA Group and Deutsche Bank also posted strong gains. RWE and E.ON drifted down 2.9% and 2.1%, respectively. Deutsche Boerse, Brenntag, Bayer and Siemens Energy also shed notable ground. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. </div></div>

VOW3

VWAGY

German stocks rose on Wednesday, with the DAX up 0.62% to 25,363.25, supported by weak oil prices and strong demand for electric vehicles. Auto stocks led gains, with Adidas up 5.7%, Continental 4.2%, and Daimler Truck Holding nearly 4%. Despite inflation concerns and geopolitical tensions, several companies, including Heidelberg Materials and Volkswagen, saw increases of 2%-3%. However, RWE andN fell by 2.9% and 2.1%, respectively.

nasdaq

Volkswagen AG Pref

Volkswagen

adidas AG

Continental AG

Symrise AG

HeidelbergCement AG

MTU Aero Engines AG

Zalando SE

Bayerische Motoren Werke AG

Beiersdorf AG

Porsche Automobil Holding SE Pref

Siemens Healthineers AG

QIAGEN NV

Qiagen NV

Vonovia SE

Merck KGaA

Siemens AG

Henkel AG & Co. KGaA Pref

Deutsche Post AG

Infineon Technologies AG

GEA Group AG

Deutsche Bank AG

RWE AG

E.ON SE

Deutsche Boerse AG

Brenntag SE

Bayer AG

Siemens Energy AG

Nasdaq

Adidas

Symrise

Volkswagen AG

BAYERISCHE MOTOREN WERKE AG ADR EACH REPR 0.33333 SHS SPONSORED

Bayerische Motoren Werke AG Pref

Beiersdorf

Siemens

Henkel AG & Co. KGaA

Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

Deutsche Börse

Bayer Aktiengesellschaft

Bayer

DAX Moves Higher; Auto Stocks Among Top Gainers