Stock exchanges in Europe extended their gains on Friday.
According to the Kremlin, Russia is apparently ready for peace negotiations with Ukraine.
Moscow is ready to send a Russian delegation to the talks in the Belarusian capital of Minsk, said Kremlin spokesman Dmitry Peskov.
Ukrainian President Volodymyr Zelenskyi twice offered to meet Russian President Vladimir Putin.
The Dax gained up to 3.2 percent on Friday afternoon to 14,499 points after falling 4 percent the day before.
Other European stock exchanges also showed a significant price recovery.
The leading index for the euro zone, the Euro Stoxx 50, rose by 3.0 percent to 3943 points.
Among the winners are utility stocks.
Speculations about extending the operating hours of coal-fired power plants to temporarily cover deficits made the rounds on Friday.
At the same time, politicians are likely to push the expansion of renewable energies.
The electricity and gas prices, which were already high before the outbreak of war, could initially continue to rise.
The utility company RWE, in particular, benefits from these scenarios. Its shares climbed to a high since summer 2011 at EUR 40.54 on Friday.
The price jumped more than 7 percent.
In addition, Eon gained 4 percent.
In the M-Dax, Uniper recovered from its price drop this week with an increase of 11 percent.