Introduction
On Tuesday, April 15, 2025, the DAX exceeded the 21,000 point mark, highlighting the ongoing upward movement after a solid start to the week. This development is particularly relevant for private investors, savers, and small investors, as it reflects the general sentiment and direction in the stock market.
Background and Causes
Customs Shock and Trade Policy: The beginning of April was marked by a drastic plunge in the DAX, triggered by the announcement of extensive customs measures by U.S. President Donald Trump. This decline brought the index down from 22,500 to 18,490 points, the lowest level since the previous autumn.
Recovery and Stabilization: After this low point, the DAX recovered and is now back to the level seen in mid-January. In the previous week, it even reached 21,300 points before profit-taking set in.
Reduced Trading Volume: For the first time since the announcement of the new strategy on April 2, less than 100 million DAX shares were traded in one day, indicating a decrease in market nervousness.
Current Market Development
Overcoming the 21,000-Point Mark: In the first minutes of trading on the day, the DAX jumped over the 21,000-point mark, rising by about 0.85 to 1.08 percent to values between 21,133 and 21,180 points. Other indices such as the MDAX and EuroStoxx 50 also showed positive developments.
Outlook and Significance
Uncertainty and Trade Conflicts: Despite the current upward movement, uncertainty remains high, particularly due to the unpredictable U.S. trade policy, which can cause significant market movements with any turn in the trade conflict.
Technical Analysis: The DAX has stabilized between the 200 and 100-day lines, and experts see potential for a volatile sideways movement, with some predicting more opportunities than risks for the remainder of the year.
The upward trend of the DAX reflects the current market tendency, although uncertainty regarding trade conflicts continues to be a dominant theme.