On Whit Monday 2025, the DAX remained at a record level at the Frankfurt Stock Exchange after the European Central Bank (ECB) had caused a new surge with its interest rate decision. Despite the historical level, the market showed signs of exhaustion. In pre-market and early trading, the leading index recorded slight losses and largely stagnated.
Market Development on Whit Monday
- Record Level: The DAX reached 24,479.42 points the previous Thursday, a new all-time high, with a closing price of 24,323.58 points.
- Holiday-Related Restraint: The index moved slightly below the record level, with a decrease of 0.2 percent at the previous day’s close and up to 0.6 percent in the negative at 24,153 points.
- Trading Volume: Due to the holiday, trading activity remained calm and sales low.
Influencing Factors
- ECB Interest Rate Decision: The ECB’s decision had previously boosted the DAX to new heights.
- US Labor Market Report: Positively received on Wall Street, but without additional momentum for the German market.
- Asian Markets: Despite morning gains in Asia, no significant impulses for Europe.
Sector Developments
- Defense Industry Under Pressure: Rheinmetall and Hensoldt recorded significant losses. Renk remained stable.
- MDax & EuroStoxx 50: Both indices decreased slightly, MDax by up to -0.5%, EuroStoxx 50 by a maximum of -0.1%.
The development illustrates how crucial central bank policies are for the stock markets. Following the ECB decision, the DAX rose significantly, but now a consolidation or slight correction appears probable. Investors should note that holidays often come with quieter trading, which can influence volatility. Even in a bullish market environment, sector-related differences can occur.
It remains to be seen whether new impulses will arise after the holiday or if a longer consolidation phase will follow, especially given the high DAX level and potential further macroeconomic influences such as inflation or economic data from Europe and overseas.
“The DAX will likely remain stuck at its record level on Whit Monday as well.”
— finanzen.net / dpa-AFX / Dow Jones Newswires