DAX shows slight correction after all-time high – Whit Monday trading in focus
On Whit Monday, June 9, 2025, the DAX initially remains at its record level after the European Central Bank (ECB) drove the index to a new all-time high. Last Thursday, a new peak was reached at 24,479.42 points following the ECB’s interest rate decision, and a closing record of 24,323.58 points was also recorded.
Slight decline in holiday trading
However, in regular trading on Whit Monday, there was a slight correction: the DAX started trading down about 0.21 percent, recording around 24,252 points. As the session progressed, this decline slightly increased, indicating that despite reaching record levels, there is a degree of market hesitation.
The holiday trading is typically open in Germany, allowing investors to remain active, as well as in other major European exchanges such as London or the Euronext markets in Paris and Amsterdam. Although Wall Street responded positively to US labor market data, the day’s high for the markets had already been reached during European trading hours.
Expectations for the DAX
Sideways movement: Due to the holiday and low volatility, the DAX may move sideways for the time being.
Slight correction: Profit-taking could lead to a moderate decline, as already observed at the start of trading.
Waiting for impulses: Without relevant economic data or monetary policy decisions, new directional impulses remain absent.
Overall, the situation appears tense: the ECB interest rate decision invigorated the market, but on Whit Monday there is hesitancy with slight losses in trading. Whether the index will show new movement soon depends on further news developments.
In summary: The DAX stands just below its recent all-time high, influenced by the ECB. On Whit Monday, calm trading prevails, with no guaranteed movements due to a lack of new impulses. This reflects a typical holiday scenario with low liquidity and cautious investor behavior.