Frankfurt's DAX 40 rose to around 24,800 on Thursday, trimming some losses from the previous session, helped by easing oil prices while investors awaited clearer signs of prospects for a wider deal with Iran. This comes after Israel and Lebanon agreed to implement a ceasefire, though earlier strikes in the week between the US and Iran kept investors on edge. Across the bourse, leading the gains were SAP, advancing more than 4%, alongside Airbus (+1.2%), Siemens Healthineers (+1.2%), and HeidelbergCement (+2.2%). Banking stocks were also in the green, including Deutsche Bank (+2.9%) and Commerzbank (+2.1%). On the flip side, losses were seen in Infineon (-2.9%), Rheinmetall (-1%), and RWE (-1.2%). On the economic data front, fresh PMI data showed that the German construction sector remained firmly in contraction in May.