The DAX has established itself stably above the 24,000 point mark after a strong trading week, indicating a positive market environment and optimistic investor sentiment. On Friday, June 27, 2025, the DAX closed at 24,033.22 points, marking a daily gain of 1.62 percent and a weekly performance of nearly three percent.
Influencing Factors on DAX Performance
This strength is fueled, among other things, by speculation about a soon-to-be-reached agreement in the trade dispute between the European Union and the USA. EU Commission President Ursula von der Leyen expressed confidence that an agreement can be reached before the deadline on July 9, to avoid planned US tariffs on EU products and countermeasures. Automotive stocks were particularly beneficiaries due to the favorable tariff outlook.
Technical Analysis of the DAX
From a technical perspective, the DAX continues to signal bullish momentum with a price above the important moving averages (50- and 200-day EMA). A sustainable break above the 24,000 point mark could open up further upside potential towards the record high from June 5 at around 24,479 points. Supports currently lie at around 23,900 to just below 24,000 points.
Overall, the development of the DAX reflects improved investor confidence, supported by positive news from the trade policy area as well as technical strength within the index itself. Nevertheless, the market situation remains volatile and dependent on geopolitical developments as well as monetary policy decisions.
In summary, the DAX appears stable after a strong week above the critical threshold of 24,000 points – a sign of a robust market environment and optimistic investor sentiment in Germany at the end of June 2025.